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The Role of the Banking System in the Sustainable Development of the Economy

Imola Driga ()

Annals of the University of Petrosani, Economics, 2006, vol. 6, 55-60

Abstract: The efficiency of the banking system and financial markets represents a determinant factor for sustainable development. Thus, banks are essential for any modern economy, not only because of their turnovers but also because they provide a number of important functions for the national economy, being the main financier.

Keywords: the banking system; the role of banks in economy; the banking degree of the economy (search for similar items in EconPapers)
Date: 2006
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Handle: RePEc:pet:annals:v:6:y:2006:p:55-60