 FINANCIAL MARKET TRENDS AND GLOBAL CHALLENGES FINANCIAL NETWORK MODEL (FNM)Elena Otilia Manta
Journal of Financial and Monetary Economics, 2018, vol. 6, issue 1, 206-218 Abstract: In many advanced economies, the big challenges are due to the increasing inequalities between resource-poor and the impacts of technological change and climate change on the economy, "the complex impact of globalization - including those related to trade in goods, services and data, and the movement of people and capital. In emerging economies, the sharp decline in poverty and an increase in the middle class have fueled higher aspirations and demands for better public goods; these requirements are now facing a slower growth and a tightening of government budgets. The order resulting from the adversity principle has produced economic, financial and ideological polarization. The state in which we find ourselves is where one (a state) controls the whole (globe), manages discretionary global powers, exercises unilateralism of decisions, and favors leveling diversity (including financial). In this global context, identifying support financial resources for those in need is not only a priority for new economic researchers but also a challenge in identifying financial instruments, mechanisms and financial means to ensure societal sustainability. The process of globalization inevitably leads to the reconsideration (conceptual reconstruction) of the paradigm of growth and economic development. The challenge, on the one hand, of the depletion and / or deterioration of resources (especially natural) and, on the other hand, of our optimization model - maximizing the objective functions of economic actors - is likely to require a radical change the options and the means by which we address this important activity of the individual and society: economic and financial activity. Through this research we observe the existing financial market situation in Romania as well as at global level, as well as the risk in financial networks at global level, namely the modeling of financial networks. Keywords: financial markets; globalization and sustainable development (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:vls:rojfme:v:6:y:2018:i:1:p:206-218 Access Statistics for this article More articles in Journal of Financial and Monetary Economics from Centre of Financial and Monetary Research "Victor Slavescu" Contact information at EDIRC. |
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