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The Issue of the Financial Regulations and the Crisis – Romanian Case

Isac Bors ()
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Isac Bors: The Bucharest Academy of Economic Studies, Romania

Risk in Contemporary Economy, 2011, 326-330

Abstract: The harmful effects, on medium and long term, the financial crisis manifests on the economy, requires a deep analysis on the specific phenomena, aiming to the diminishing or even the eliminating of the unwanted effects. This way, an effective operation, asks for a correct diagnosis over the phenomena which implies the precise identification of the generating factors. In the end, action has to be taken on the identified factors generating financial crisis. The present work, makes an analysis of the real causes that lead to the financial crisis in Romania, considering the global context. It is this global context in which there have been identified some answers to the crisis problem.

Keywords: risk management; financial stability; credit institutions; financial crisis; regulation. (search for similar items in EconPapers)
Date: 2011
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