Empirical Research on Financial Stability in Contemporary Economies. Romania Case Study

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Abstract

Given the profound changes of the financial systems as a result of the technological innovation, the economic liberalization and globalization in the recent decades, and the economic crisis, achieving financial stability is a necessity for the modern economies. In the national economies, ensuring financial stability is a priority for the central banks and the other regulating and supervising authorities. These issues, and others, are the main objectives of our research, and, by referring to the Romanian experience in terms of financial stability, through the conducted research, we intend to contribute to the systematization and the development of knowledge in this area.

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