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Inovatia financiara si dezvoltarea pietelor de capital

Ovidiu Stoica ()

Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice, 2006, vol. 52-53, 77-82

Abstract: In the last decades, the financial instruments developed very quickly, the world economy becoming "a paper economy". The financial innovation transformed the financial system, offers for the financial intermediaries and investors' new opportunities, but also brings new risks. The financial supervisory authorities passed from the regulation and deregulation process again to the re-regulation process in the intent to insure the stability in the financial markets and a development without the (hidden) dangers that sometimes transformed in financial crisis of financial intermediaries' bankruptcy.

Keywords: financial innovation; financial engineering; integrated financial supervision; regulation; deregulation; re-regulation (search for similar items in EconPapers)
Date: 2006
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