The Implementation of Systemic Risk Management and the Reinforcing of Macro-Prudential Supervision – Vital Elements in Avoiding the Future Occurrence of a Financial Crisis Similar to The Present One

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 discuss...

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Bibliographic Details
Main Author: Arion Negrila
Format: Article
Language:English
Published: General Association of Economists from Romania 2009-09-01
Series:Theoretical and Applied Economics
Subjects:
Online Access:http://www.ectap.ro/articole/409.pdf