Home Volumul 2 PUBLIC TREASURY IN THE CONTEXT OF GLOBALIZED FINANCIAL MARKETS

PUBLIC TREASURY IN THE CONTEXT OF GLOBALIZED FINANCIAL MARKETS


Dragoş Ilie
Spiru Haret University, Faculty of Financial Accounting Management Craiova St. Brazda
lui Novac, no.4, phone 0723151068, This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Abstract
In the development and functioning process of the economy, the financing of current and
investment activities is a key factor, the mobilization of necessary funds being possible by
the existence of financial markets. In the financial markets, public treasury plays a key role.
The economic crisis has left economies without cash and the banking system was unable to
secure, through the mechanism of credit, the necessary resources for the normal functioning
of economy. In these circumstances the Public Treasury must take seriously into
consideration, as an option for the future, the development of banking operations and to
attract available state funds on the financial markets.
Keywords: state treasury, financial markets, government securities, public debt

Citeste articolul