Financial system, mobilizing or inhibitory factor in the market economy?

This book presents a detailed analysis of the financial system and the relations between the financial markets and the real economy, both theoretically and empirically.

This paper addresses topics such as structure and role of the financial system within the market economy, expansion of the global financial system and of the global systemic risk, financial globalization, financial stability, financial system channels of influence upon the real economy, the economy`s impact on the financial markets, financial crises and so on.

The author also examines empirically the interdependence of financial markets and the real economy in Romania, providing a detailed description of the Romanian market economy and financial system in Romania.