Stabilitatea financiară a României. Determinanți și proiecții pentru următoarele două decenii

Zaman, Gheorghe and Georgescu, George (2016): Stabilitatea financiară a României. Determinanți și proiecții pentru următoarele două decenii. Published in:

Abstract

Ensuring and maintaining the financial stability, in the long and very long term perspective, is an essential prerequisite for achieving Romania's sustainable development goals in the next two decades and accelerating the convergence process with EU member states. The study aims to analyze the main determinants of the financial stability (degree of financial intermediation, costs of bank financing, sustainability of public debt, foreign debt and international investment position, exports of goods and services, foreign direct investments). The current state of Romania from these points of view, the related gaps and vulnerabilities are presented, together with policies, mechanisms and tools that allow them to be achieved. The analysis based on the scenario method for designing the strategic directions and targets of Romania’s economic development over the next two decades highlights a number of aspects, trends and challenges regarding the modalities and ways of the transition to the development stage based on knowledge, innovation and competitiveness under the conditions of maintaining the financial stability.

• Item Type: MPRA Paper
• English Title: Financial stability in Romania. Determinants and projections for the two next decades
• Language: Romanian
• Keywords: financial stability; sustainable development; financial intermediation; public debt; G&S exports; external debt; BoP current account; foreign investments
• Subjects: B - History of Economic Thought, Methodology, and Heterodox Approaches > B2 - History of Economic Thought since 1925 > B26 - Financial Economics; C - Mathematical and Quantitative Methods > C4 - Econometric and Statistical Methods: Special Topics > C40 - General; E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook > E60 - General; F - International Economics > F1 - Trade > F17 - Trade Forecasting and Simulation; F - International Economics > F4 - Macroeconomic Aspects of International Trade and Finance > F40 - General; G - Financial Economics > G1 - General Financial Markets > G17 - Financial Forecasting and Simulation

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