Leonardo Badea, BNR: The role of the bank resolution framework in Romania’s path to the euro area
BNR
For the Romanian economy and for maintaining the pace of convergence at European level, the quality of the institutional framework is of fundamental importance. In recent decades, international experience has shown that development differences between states are influenced not only by natural resources, geographical positioning, or other specific material advantages, but also by the robustness of public institutions, their capacity to transmit trust and ensure predictability, and the way in
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