THE EVOLUTION OF NON-BANKING FINANCIAL SERVICES IN ROMANIA WITHIN THE CONTEXT OF ECONOMIC RELAUNCHING
In any stage of the evolution of an economy, but especially in a period of economic recovery funding needs may become a priority both for enterprises and for the population, which can be satisfied through institutions providing non-banking financial services. In case if companies cannot achieve an...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Academica Brâncuşi
2014-12-01
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| Series: | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
| Subjects: | |
| Online Access: | http://www.utgjiu.ro/revista/ec/pdf/2014-06/06_Rabontu,%20Babucea.pdf |
| Summary: | In any stage of the evolution of an economy, but especially in a period of economic recovery funding needs
may become a priority both for enterprises and for the population, which can be satisfied through institutions
providing non-banking financial services. In case if companies cannot achieve an additional capital from
shareholders, the need for funding can be achieved only through financial intermediation services and implicitly
through the services that we treat in this paper.
Lately non-banking financial services have witnessed an interesting evolution, which led us to realize an
analysis of their dynamics in Romania in the period 2008-2013, for which we have used the studies of literature and
statistical data provided by the National Institute of Statistics and the National Bank of Romania. In the year 2013
Romania recorded notable performances of the economy resulting in the decrease in inflation rate, improving the
fiscal consolidation, adjustment of the current account deficit, which could influence the category of services we
consider for discussion. |
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| ISSN: | 1844-7007 1844-7007 |