Credit expantion in some central and eastern european countries and its macroeconomic implications (especially case: Romania)

• Autorzy: Magdalena Radulescu , Daniela Privu
• Języki publikacji: EN

Abstrakty

The constant concern of the Central Banks to achieve a safe, modem and competitive banking system able to assure a good intermediation and generate the public's trust can be seen, among other things, is the systematic monitoring of the internal market of banking package and services as well as of the trends in the European banking field. Section 2 tries to present some comparative aspects of the non-governmental credit market developments in the Central and Eastern European Countries. Section 3 presents some arguments pro and against considering the Romanian credit development as being financial development or dangerous expansion. Section 4 tries to explain some macroeconomic implications of the non-governmental credit development in the Romanian economy. (fragment tekstu)

Słowa kluczowe

EN

Private sector in economy; Business financing with loans; Economic development; National economy

PL

Sektor prywatny w gospodarce; Kredytowanie działalności gospodarczej; Rozwój gospodarczy; Gospodarka narodowa

• Czasopismo: Prace Naukowe / Akademia Ekonomiczna w Katowicach
• Rocznik: 2008
• Tom: Świat, Europa i Polska w dobie współczesnych przemian gospodarczych. T. 2
• Strony: 179--188

Twórcy

autor

Magdalena Radulescu

• University of Pitesti, Romania

autor

Daniela Privu

• University of Pitesti, Romania

Bibliografia

• HilbersP., Otker-Robe I., Pazarbasioglu C., Johnsen G.: Assessing and Managing Rapid Credit Growth and the Role of Supervisory and Prudential Policies. IMF Working Paper 2005/151.
• International Monetary Fund, 2004.World Economic Outlook Chapter 4 - Are Credit Boom in Emerging Markets a Concern. April.
• National Bank of Romania. Annual Reports §i Monthly Bulletins, 1999-2006.
• Neagu F., Margarit A., Copaciu M.: Romanian Non-Governmental Credit - Perspectives and Implications. Studies Notebooks, National Bank of Romania, 2006, No. 15.
• Radulescu M.: The Impact of the National Bank of Romania 's Monetary Policy on the Banking Credits, the Domestic Savings and Investments (Comparing to the other Central and Eastern European Countries). "Romanian Journal of Economic Forecasting" 2006, No. 2.