Revista OEconomica

Raluca-Georgiana ROBU, Maria GHEORGHE (NIŢU), Valentin COJANU, Alexia-Maria POPESCU - Between Opportunity and Dependency: The Evolution of Romania’s Trade with Asian Economies [Între oportunitate şi dependenţă: evoluţia comerţului României cu economiile asiatice]

Narciz BĂLĂŞOIU, Octavian-Dragomir JORA, Răzvan Marian PÎRCĂLĂBESCU - Romania’s Positioning and Room for Manoeuvre: The Dilemmas of Peripheral Adaptation in the New Indo-Pacific [Poziţionarea şi marjele de manevră ale României: dilemele adaptării periferice în noul Indo-Pacific]

Mădălina JURUBIțĂ - Redefining EU Trade Policy for an Age of Geoeconomic Rivalry: Strategic Autonomy, Security, and Resilience

Geicun MUSTAFA - Islamophobia as an Informal Trade Barrier: Reputational Risk and the Political Economy of Deglobalization

Hesam JEBELI-BAKHT-ARA - Racialized Capitalism and Economic Discrimination: The Case of Ethnic Labour Segmentation in Contemporary Europe

Articles on Issue Theme

Daniel DĂIANU

Societatea Română de Economie (SOREC)

The need for a radical overhaul of the regulation and supervision of financial markets has been acknowledged in all advanced economies. And yet, there is still a line of reasoning which argues that the main source of the current financial crisis is the cheap money of the past, which would have caused large global imbalances as well. But another, that I share, is that something wrong has been occurring with overall financial intermediation in recent decades. This is like saying that structure has been no less important in derailing economies than misconceived policies and unavoidable cyclical dynamics.

ŒCONOMICA no. 1/2011

Keywords: financial crisis, regulation, global imbalances, financial intermediation

JEL: E42, E43, E44, E51, E52, E58

Regaining Financial Stability: Taming Financial Markets Is a Must – a Focus on NMSs

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