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

<p>The existence and development of current and future human society depends on the proper functioning of the banking financial system. The capital and the market, as essential elements of social development, are fully integrated into the global social system and represent the engine of progress. From a systemic perspective, with reference to the concept of critical infrastructure, for the economy and society, the banking financial system is like the circulatory system for a living organism. In this respect, this analysis demonstrates the essential role and necessity of the existence of the banking financial system as a critical infrastructure.</p>
</abstract>

The existence and development of current and future human society depends on the proper functioning of the banking financial system. The capital and the market, as essential elements of social development, are fully integrated into the global social system and represent the engine of progress. From a systemic perspective, with reference to the concept of critical infrastructure, for the economy and society, the banking financial system is like the circulatory system for a living organism. In this respect, this analysis demonstrates the essential role and necessity of the existence of the banking financial system as a critical infrastructure.

The Banking Financial System as a Critical Infrastructure of the Current and Future Society

Land Forces Academy Review

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

The existence and development of current and future human society depends on the proper functioning of the banking financial system. The capital and the...

The Banking Financial System as a Critical Infrastructure of the Current and Future Society

Published Online: Dec 30, 2021

Page range: 418 - 422

DOI: https://doi.org/10.2478/raft-2021-0054

Keywords
critical infrastructure, banking system, financial system, solidity, solvency, money

© 2021 Laurențiu Mihail Grigore, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

The Banking Financial System as a Critical Infrastructure of the Current and Future Society

Published Online: Dec 30, 2021

Page range: 418 - 422

DOI: https://doi.org/10.2478/raft-2021-0054

Keywordscritical infrastructure, banking system, financial system, solidity, solvency, money

© 2021 Laurențiu Mihail Grigore, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Keywords
critical infrastructure, banking system, financial system, solidity, solvency, money