Study On The Correlation Between Price Stability And Financial Stability In The Evolution Of The Economy

Mugurel G. S. Pop ()

Knowledge Horizons - Economics, 2016, vol. 8, issue 2, 157–162

Abstract: With the globalization of financial flows and the increasingly high degree of financial markets integration, financial stability has become a topic of study particularly important for financial institutions and researchers alike. Society’s net benefits overwhelmingly depend on the effectiveness of the financial system which becomes a valuable public asset and an essential feature of such a system is stability. Price stability and financial stability are crucial for the proper functioning of an economy, price stability is the primary objective of monetary policy and it examines the connections between price stability and financial stability. Price stability is essential for achieving financial stability in a country, while to achieve these two objectives it’s also necessary a good collaboration between the political and financial factors. Price stability is both an end in itself as well as a means for monetary policy, as it contributes to achieving a sustainable economic growth and macroeconomic stability.

Keywords: Monetary activity; banking system; banking activity; stability; prices (search for similar items in EconPapers)
JEL-codes: E58 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:khe:journl:v:8:y:2016:i:2:p:157-162

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