Evolutions in dealing with monetary and financial stability

Livia Maria Rotaru
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Livia Maria Rotaru: Bucharest University of Economic Studies, Romania

Theoretical and Applied Economics, 2016, vol. XXIII, issue Special(I), 212-219

Abstract: The recent financial crisis has led to a remodeling of macroeconomic policy. The world economy has seen significant changes along the last 40 years and these have come with the need to address new situations by new methods. The role of prudential policies and monetary policy has become more and more important and the two need to be considered as complementary in obtaining financial stability. In this context, macroprudential policies have become a frequently discussed topic in economic literature and their importance is considered more and more important in the context of the recent financial turmoil.

Keywords: macroprudential policies; financial stability; prudential policies. (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:xxiii:y:2016:i:special(i):p:212-219

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