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This paper is to provide literature review on traditional financial system classification and offer and alternative classification of financial systems. Conventional wisdom holds that there are basically 2 types of financial systems – bank-based and market-based. But modern research points to...
Persistent link: https://www.econbiz.de/10011259533
Since the outbreak of the global crisis in mid 2007, there has been an extensive discussion on root causes. Some blame the greed and corruption of financial actors. Others put the blame on central bankers for easy money or regulators who remained idle as too much risks accumulated in financial...
Persistent link: https://www.econbiz.de/10009372533
The anatomy of Nigerian financial system is composed of the money and capital markets. Monetary policy is a framework used by the apex bank to regulate the flow of loanable funds in the economy, though the pricing of equity used by private investors to raise capital from the economy is carried...
Persistent link: https://www.econbiz.de/10009397189
The Kosovo’s Financial Sector is one of the newest financial sectors in Eastern Europe whose developments began in early 2000. Kosovo's banking sector consists of 8 privately owned commercial banks, the insurance companies which make up 5% of total financial sector assets by 10 insurance...
Persistent link: https://www.econbiz.de/10008728057
eliminate the unfair competition which is at the moment existing in the banking system. At the same time, the operation of a new …
Persistent link: https://www.econbiz.de/10005835971
Over viewing the most recently evolutions throughout global economy, we can easily conceive that the collateral effects of economical globalization and market integration, represents the main issues debated in specialized professional or political circles. The unanimous impression underlines the...
Persistent link: https://www.econbiz.de/10005836380
This paper analyses accounting related to corporate governance and is organized as follows. The first section deals with understanding the concept of accounting conservatism. In the second section we analyzed the Relevance of Accounting Conservatism in Corporate Governance to the modern...
Persistent link: https://www.econbiz.de/10005837330
The new tendencies of global economy can be more efficiently detailed, explained and understood, on the base of those internal functional relations established in contemporary economical global dimension, between economy, international trade and monetary-financial system. Starting with the idea...
Persistent link: https://www.econbiz.de/10008533567
This study is meant to underline some contemporary and stringent global problems, related to the international monetary system area and its crises. In the last 3 decades, this subsystem of global economy becomes the most important and the most instable as well. The last contagious monetary or...
Persistent link: https://www.econbiz.de/10008615037
Abstract. The scope of this paper is to highlight the Romanian strategy towards the euro adoption. We structured our article on sections that cover four main research directions. The first one illustrates the interlinkages between nominal and real convergence; the second presents a comparative...
Persistent link: https://www.econbiz.de/10008805463