Nothing is more natural inside the evolution of a living system than the crisis itself, the only thing that distinguishes systems from each other is represented by how crises are solved and future developments. The biggest mistake would be to think that there are companies that can develop...

The recent financial crisis and all unusual monetary and fiscal policy reactions have stressed the importance to be given to understand macroeconomic consequences of policy interventions and their interactions. This profound crisis has led to both nonstandard policy actions of various...

Central banks have become poles of stability and decisive factors of globalization. Financial stability represents a national issue, a public asset, that requires both an intervention of public judicious authorities and their cooperation with private sector. Given the integration of financial...