The Macroeconomic Context - A Favourable Factor to Continuous Change and Extending Banking Risks
Research Journal of Finance and Accounting
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Title |
The Macroeconomic Context - A Favourable Factor to Continuous Change and Extending Banking Risks
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Creator |
Chirulescu-Ciucaşu, Elena; BCR, Braila County Branch
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Subject |
financial globalization, banking risk.
Finance and Banking |
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Description |
Globalization, as a contemporary source of the capabilities and risks, is a reflecting theme for every domain of environment and research. In the new economy, financial globalization, which already has an appreciable record of manifestations, is a phenomenon with deep consequences on the mechanism of the world economical activities. A hierarchical order of rules and responsibilities together with the profound manifestations are the coordinates of our contemporary existence and they represent the base of systemic risks. Hence, the implementation of Basel standards is controversy; it may represent a competitive advantage including Romanian banks as Romania is now a European country.
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Publisher |
Danubius University of Galati, Romania
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Contributor |
—
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Date |
2010-04-22
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Type |
—
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Format |
application/pdf
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Identifier |
http://journals.univ-danubius.ro/index.php/oeconomica/article/view/46
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Source |
Acta Universitatis Danubius. Œconomica; Vol 3, No 1 (2007)
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Language |
en
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Rights |
The author fully assumes the content originality and the holograph signature makes him responsible in case of trial.
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