The Financial Sight of the Post-crisis Economic Growth
Adina Criste
Ovidius University Annals, Economic Sciences Series, 2019, vol. XIX, issue 2, 99-105
Abstract:
The analysis of the tendencies regarding economic growth and the identification of factors that print a certain trajectory to economic growth are objectives in the spotlight of the political decision-making authorities, especially that these factors can reveal certain risks for the macroeconomic and financial environment. In this context, knowing the risks to the macrofinancial stability is of interest to the central bank, as a monetary authority, being involved in ensuring a sustainable economic growth from the financial perspective. The article focuses on highlighting the main factors that influence the economic growth in the recent post-crisis period, after 2013, following the analysis on the two categories of economies, advanced and emerging economies. The results show that the post-crisis period is fraught with challenges for the global economy, as well as for decision-makers, and the macro-prudential policy can play a major role in sustaining the long-term economic growth.
Keywords: Emerging and developed economies; financial conditions; central bank challenges (search for similar items in EconPapers)
JEL-codes: E31 E58 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xix:y:2019:i:2:p:99-105
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