THE IMPLICATIONS OF GLOBALIZATION ON THE EFFICIENCY AND STABILITY OF FINANCIAL SYSTEMS

Oana Calitoiu
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Oana Calitoiu: University of Craiova Faculty of Economics and Business Administration

Annals of University of Craiova - Economic Sciences Series, 2012, vol. 1, issue 40, 158-161

Abstract: International economy is marked by a multitude of substantive changes reshaping the fabric of interdependence on which it operates. The development of the information society and the continuous adaptation to rapid changes in economic structures that occur in the world puts virtually all nations in a continuous process of restructuring and transition. Two main forces, dynamic and interdependent lead this process, namely: deepening of globalization and the emergence of the global economy and the development of economic arrangements in financial systems.

Keywords: globalization; financial markets; financial system; monetary policy (search for similar items in EconPapers)
JEL-codes: D53 F36 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:aio:aucsse:v:1:y:2012:i:40:p:158-161

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