EIRP Proceedings, Vol 1 (2006)
IMPACTUL INTEGRĂRII EUROPENE ASUPRA INTERMEDIERII BANCARE DIN ROMÂNIA
Abstract
As financial intermediaries, banks play an essential role in the economy by transforming assets, facilitating risk management, financing trade, enabling capital accumulation and spurring technological innovation. Teoretical and empirical evidence supports the view that integration in the banking sector can enhance overall economic performance via macroeconomic stabilisation, higher levels of efficiency and consumer welfare.
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