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  • 标题:THE CAPITAL FLOWS IMPACT ON THE STABILITY OF THE FINANCIAL SYSTEMS
  • 本地全文:下载
  • 作者:Coroiu Sorina Ioana Albulescu Claudiu Tiberiu
  • 期刊名称:Annals of the University of Oradea : Economic Science
  • 印刷版ISSN:1222-569X
  • 电子版ISSN:1582-5450
  • 出版年度:2009
  • 卷号:XVIII
  • 期号:03
  • 出版社:University of Oradea
  • 摘要:Capital account liberalization represents a frequent decision taken by the emergent countries in their integration process to the global economy. For the European Union members states, this is a necessary measure. If the capital flows assures the necessary reserves for the development of economical and financial sectors of these states, it could occur negative effects, also (to see the financial crises of the ‟90). For this reason, it requires some conditions, so that the potential negative impact of these capital flows on financial stability to be lower. On one hand, the paper presents how take place the transsmition of the financial vulnerabilities through the intermedium of the Central and Eastern Europe‟s capital flows, and on the other hand, presents what is the report between financial stability and prices stability, in the context of capital flows liberalization.
  • 关键词:financial stability, capital flows, transsmition channels of vulnerabilities, Central Bank.
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