Scandinavian countries are pursuing a successful two-pronged economic policy strategy with a focus on future-orientated investment and competition which could serve as a model for Austria. While the need to close the gap in Austrian economic policy in terms of future-orientated investment has...

The aim of this study is to present the new architecture of the European financial supervision the necessity of which had been brought into sharp focus by its deficiencies in the current financial crisis. The study presents through the prism of the report edited by the de Larosière Group the...

Stress-tests can increase the endurance of banks and financial system when faced with crises especially during economic growth periods, when they may accept higher risks more easily and with lower prices. Their importance was revealed by the crisis which has proven to be much more severe in...

The current financial crisis is not a singular event in the history of crisis episodes. The essential difference between past episodes of financial turmoil and the actual crisis is the unprecedented severity, the pace of contagion and its global size. Financial markets have been seriously...

Issues emerged on the subprime mortgage market in United States lead to a very important global financial crisis. In this frame, Romania its affected by the problem of the financial accessibility of having a house and that’s why the mortgage offer linked with a reasonable interest rate...

In this paper we intend to find out what is the best choice of stocks-based portfolio. The major goal is to find whether is more efficient to invest the whole capital in a single sector, like financial investments, or to create a diversified portfolio, taking into account assets from various...

The paper presents the evolution of BSE during the financial crisis in 2008. The investors’ preferences for blue chips shares remained unchanged, there were traded the same shares in almost the same volumes. The shares’ prices are highly positive correlated, the reduce liquidity of BSE...

Some of the main reasons that led to the emergence of the ongoing financial crisis stem from insufficient risk management, the de-regulation of financial institutions, the lack of macro-prudential supervision and the implementation of the free/perfect markets model. This article analyzes and...

Globalization, as a phenomenon of our days with it’s social and economic parts, has a positive and negative influences for all world’s states, rich or poor. Financial flows between the states, between the states and financial institutions present new trends especially in financial...

The article sets out the main lessons that we have to consider from the onset and generalized financial and economic crisis of August 2007. The main emphasis is on conceptual and impact assessment of the principle of "too big to fail". Identify reasons for that principle should (or can be)...