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Title: | Sistemul bancar din Republica Moldova evaluat prin prisma supremaţiei legii |
Authors: | Secrieru, Angela |
Keywords: | asset quality banking sector corruption credit financial system rule of law |
Issue Date: | Sep-2017 |
Publisher: | ASEM |
Abstract: | Countries with higher levels of financial development - measured by aggregate indicators of bank development and capital market development - benefit from substantially higher rates of growth. In addition, the financial development component explained by indicators - legal rights of external investors and the legal system efficiency in the application of these rights - is strongly and positively linked to long-term growth. The results of the author's analysis are consistent with the view that the legal system has a significant influence on the development of the financial sector and this in turn influences long-term growth. The insufficient supremacy of the law finally materialized in a generalized corruption represents a major barrier to the economic progress in the Republic of Moldova and, implicitly, to the development of its banking system. Consequently, the consistent implementation of structural reforms has a central role to play. JEL CLASSIFICATION: G170, G200 |
Description: | SECRIERU, Angela. Sistemul bancar din Republica Moldova evaluat prin prisma supremaţiei legii. In: Competitivitatea şi inovarea în economia cunoaşterii [online]: conf. şt. intern., 22-23 sept., 2017: Culegere de articole. Chişinău: ASEM, 2018, vol. 3, pp. 31-36. E-ISBN 978-9975-75-897-0. |
URI: | ${dspace.ui.url}/handle/1234567890/310 http://irek.ase.md:80/xmlui/handle/1234567890/310 |
ISBN: | 978-9975-75-897-0 |
Appears in Collections: | 2.Articole |
Files in This Item:
File | Description | Size | Format | |
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Secrieru-A_conf_septembrie_2017_vol_3.pdf | 950.84 kB | Adobe PDF | View/Open |
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