To know and to understand the factors within a financial system that significantly influences the institutions behaviour and the market responses to the central bank actions is of great importance for the monetary authorities and for the achievement of their monetary policy objectives. In...

Financial sustainability of an open economy is a very current and complex issue. In today's global conditions the flow of streams of capital, people, labour, goods, materials, etc. are controlled in a very small degree by countries and its direction depends on exogenous factors. Such conditions...