European System of Central Banks in Fiscal Policy Community
Journal Title: Dezbateri social economice - Year 2015, Vol 4, Issue 2
Abstract
European system of central banks contributes to the smooth conduct of policies pursued by the competent authorities relating to the prudential supervision of credit institutions and the stability of the financial system. Increasing the role of central banks created the impression that these institutions can solve all economic problems. As a result, governments, which previously did not look too great enthusiasm progressively increasing powers of central banks have begun to accept that they try to compensate for the shortcomings of their own economic policies - even if some legislators and representatives of the public s were concerned appeared democratic deficit by shifting the burden of economic policy making by an institution whose leadership is elected by universal suffrage.
Authors and Affiliations
Daniela Iuliana Radu
Keywords
Related Articles
- EP ID EP111306
- DOI -
- Views 96
- Downloads 0
The Role of Maritime Transport in the Development of World Economy
Risk Management in Cooperative Banks from the 21st Perspective
Structure Evaluation of Credit to Households from Romania During 2013-2014 Using Anova: Two-Factor with Replication
This article analyzes the fluctuation of loans to households in Romania, during 2013-2014, according to the changing lending standards and net demand volume, using two major currencies as reference - Ron and Eu...
Analysis of Budget Deficit in Romania During 2006 - 2012
Tourism Innovation and Touristic Emotional Factor – Premises for Evolution?
Tourism, with its varied implications on people’s lives from an economic, social, cultural viewpoint and regarding the natural environment, has the power to transform society, as a whole, through initiatives th...