THE REASONABLE CHARACTER OF CONVENTIONAL INTEREST, IN THE REGULATORY OF CIVIL LAW OF THE REPUBLIC OF MOLDOVA (English version)

Alexandru Bot () and Dorin Cimil
Additional contact information
Alexandru Bot: licenţiat în drept, Masterand în anul I, Facultatea de Drept, Universitatea de Stat din Moldova
Dorin Cimil: doctor în drept, conferenţiar universitar, Facultatea de Drept, Universitatea de Stat din Moldova

Jurnalul de Studii Juridice, 2011, vol. 1, issue 1, 235-250

Abstract: Viewed as signals that play an important role in any market economy, interest rates channel the flow of funds from savers to borrowers. To ensure de security of this flow the Moldavian law states that interest rates need to be in a certain reasonable relationship with the refinancing rate of the National Bank of Moldova. Then again, the legal norm does not contain the definition or any numeral references regarding the difference between these two variables, a difference which is considered to be a reasonable one. Yet these are not the only questions that where fulfilled by this research, thus our scientific approach covers even the economical nature of interest rates, through this we have intended to entirely explain their juridical form.

Keywords: Convensional interest; regulatory civil law (search for similar items in EconPapers)
JEL-codes: A23 (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
http://edituralumen.ro/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:lum:rev4rl:v:1:y:2011:i:1:p:235-250

Access Statistics for this article

More articles in Jurnalul de Studii Juridice from Editura Lumen, Department of Economics on Behalf of Petre Andrei University Iasi
Bibliographic data for series maintained by Antonio Sandu ().