The construction of an Aggregate Financial Stability Index represents one of the methods used for assessing the level and dynamics of financial sector stability.

The study defines the three types of convergence – institutional, nominal and real ones –, the connection among them and their main measurement indicators. 

Toate ţările membre ale Uniunii Europene trebuie să asigure armonizarea instrumentelor de politică monetară utilizate cu cele ale Băncii Centrale Europene. Analizând comparativ instrumentele de politică monetară ale Băncii Naţionale a Românei şi pe cele ale Băncii Centrale...

The local rural communities of Romania have been affected by the evolution of the history in the last decades. To these there have been added the years of centralised economy and afterwards the transition towards the market economy. All of these have put the inhabitants of the villages between...