<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>In a national financial system, any imbalance in the functioning of one or another of its components affects the functioning of all the others. The financial crises have proven, every time, that the financial instability entails important economic and social costs. Therefore, preventing them must be a permanent concern of the relevant authorities in all states of the world. In this framework, the author of this paper aims at reviewing a part of the approaches to the financial stability and highlighting, with arguments, the role of the central banks in ensuring and maintaining the financial stability.</p>
</abstract>

In a national financial system, any imbalance in the functioning of one or another of its components affects the functioning of all the others. The financial crises have proven, every time, that the financial instability entails important economic and social costs. Therefore, preventing them must be a permanent concern of the relevant authorities in all states of the world. In this framework, the author of this paper aims at reviewing a part of the approaches to the financial stability and highlighting, with arguments, the role of the central banks in ensuring and maintaining the financial stability.

Financial Stability – A Priority Objective of the Central Banks

International conference KNOWLEDGE-BASED ORGANIZATION

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"Financial Stability \u2013 A Priority Objective of the Central Banks"}

In a national financial system, any imbalance in the functioning of one or another of its components affects the functioning of all the others. The financial...

Financial Stability – A Priority Objective of the Central Banks

Published Online: Jul 04, 2024

Page range: 1 - 5

DOI: https://doi.org/10.2478/kbo-2024-0055

Keywords
financial system, central banks, financial stability, macroprudential policy, systemic risk

© 2024 Leontin Stanciu, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Financial Stability – A Priority Objective of the Central Banks

Published Online: Jul 04, 2024

Page range: 1 - 5

DOI: https://doi.org/10.2478/kbo-2024-0055

Keywordsfinancial system, central banks, financial stability, macroprudential policy, systemic risk

© 2024 Leontin Stanciu, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
financial system, central banks, financial stability, macroprudential policy, systemic risk