The paper deals firstly with the assessment of nonfinancial firm’s risk exposure which has been deeply affected in the last two decades by the trend of market globalization and increased competition. In this new scenario we can note the weakening of the traditional separation between risks...

The paper presents an historical synthesis of the rise and early growth of banking industry in Romania from mid-XIX century to the outbreak of World War I and concentrates on the last decades of this period. The idea of a single national bank of issue under the control of the government had been...

The paper presents an historical synthesis of the rise and early growth of banking industry in Romania from mid-XIX century to the outbreak of World War I and concentrates on the last decades of this period. The idea of a single national bank of issue under the control of the government had been...

Household savings are to be protected by Authorities for ethical, social and economic reasons. However, inflation, unfair taxation, expropriations without just compensation and financial scandals have repeatedly and heavily affected the wealth of European households also since the end of World...

The paper deals firstly with the assessment of nonfinancial firm's risk exposure which has been deeply affected in the last two decades by the trend of market globalization and increased competition. In this new scenario we can note the weakening of the traditional separation between risks...

This paper investigates the main causes of the current crisis of the global financial system. Since the development of modern banking in Italian renaissance, financial crises have from time to time affected institutions and markets and have raised concern about the stability of financial...