Modern challenges of the monetary policy

Constantin Ionete
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Constantin Ionete: Member of the Romanian Academy

Finante - provocarile viitorului (Finance - Challenges of the Future), 2008, vol. 1, issue 8, 9-12

Abstract: During the implementation of the monetary policy, the National Bank of Romania took great care for the activity of giving loans. Analyzing USA crisis, IMF pointed out the importance of regulations for this sector, which practically don’t exist in some cases, especially in the case of innovative banking instruments, such as sub prime, derivatives and others.

Keywords: mortgage crisis; macroeconomic stability; financial system regulation (search for similar items in EconPapers)
JEL-codes: E00 E23 E31 E40 (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:aio:fpvfcf:v:1:y:2008:i:8:p:9-12

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