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A STATE-OWNED PAYMENT AND SAVINGS SYSTEM AS AN ALTERNATIVE TO THE BANKING REGULATIONS STRENGTHENING

Razvan Stefanescu () and Ramona Dumitriu
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Razvan Stefanescu: Dunarea de Jos University of Galati, Romania

Risk in Contemporary Economy, 2014, 297-301

Abstract: The dramatic consequences of the global crisis forced governments to take into consideration the banking sector reform. The main initiatives are based on the banking regulations strengthening. In this paper we approach another kind of solution to the banking sector problems: a state-owned payment and savings system which could induce a responsible behavior to the financial institutions.

Keywords: Banking Sector Reform; Regulations; Global Crisis; Payment and Savings System (search for similar items in EconPapers)
Date: 2014
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