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The monetary policy decision, as any other decision, is the product of a procedure assembling a lot of primary information, but also what type of other ingredients contribute finally to a certain monetary policy decision.
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The severity of the global financial crisis has highlighted major structural limits not only at the level of credit institutions' risk management strategies, but also in the financial safety net. There were very few rules at the onset of the international financial crisis, to determine the...
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The world financial market is an extremely complex system that involves many different participants from local banks to the central bank of each nation and the investors. Due to its importance on the global economy and our everyday lives it is vital that it is functioning properly....
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Romanian Abstract: Această lucrare studiază unele schimbări importante intervenite în politica monetară începând cu sfârşitul secolului trecut. Sunt abordate principalele procese care au cauzat aceste schimbări: dezvoltarea inovaţiilor financiare, liberalizarea pieţelor financiare,...
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