This paper analyses the financial deepening position of both Romania’s financial market in general and the rural financial market in particular. The indicator M2/GDP (20% in 1995) shows that Romania’s financial depth is far less than might be expected for a country with its level of GNP....

In the context of Romania's macroeconomic and agricultural transformation, this paper analyses the current extent of the depth of rural finance and discusses the implications for the future development of rural financial markets in Romania. The overall agricultural support system is reviewed...