期刊名称：Petroleum-Gas University of Ploiesti Bulletin : Economic Sciences Series
印刷版ISSN：2284-8576
电子版ISSN：2247-8582
出版年度：2009
期号：4
页码：53-60
出版社：Petroleum-Gas University of Ploiesti
摘要：The defining process with profound implications on the economy and society is represented by theglobalization. From this perspective, we have analysed the new dimensions of capital accumulation andeconomic growth in the context of deregulation and liberalization of the international capital movements.In this context, we have noticed the increasing influence of the financial markets on the economy, thetendency to remove the finances from the real economy requirements, the growing role of externalfinancing using more volatile capital goods, increased competition regarding the access to financing, thesignificant increase of power of the international capital markets whose characteristic is represented bythe increased instability, the implications of the investors' obsession with an excessive profitability oftheir own funds and the expansion of using sophisticated financial products. Realities of today's financialmarkets, which are the subject of numerous studies and analyses, have contributed to the association ofthe arguments that are contesting the thesis on the virtues of self-regulation markets and promoting a newparadigm, within which finances should subordinate the requirements of a balanced and sustainedeconomic growth.
