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Studia Iuridica

ON THE CONCEPT OF FINANCIAL STABILITY IN THE PUBLIC INTEREST

2023, 98, No. 1

Johan Schweigl

Masaryk University in Brno

DOI

10.31338/2544-3135.si.2023-98.13

Publication date

30.09.2023

Publishing model

open access

License type

CC BY 4.0 Int.

Field

Law

Discipline

law

Language of publication

Polish, English

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Article

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Abstract

In this text, the author examines the concept of financial stability and its importance in the public interest, particularly in the context of the European Union (EU). He mainly outlines the core measures in the EU set for maintaining financial stability, including regulation and supervision, supervisory bodies and institutions, financial assistance funds, and monetary policy. The author emphasizes the critical role of financial stability in ensuring households’ and businesses’ access to credit and promoting economic growth, job creation, and rising standards of living. He argues that maintaining financial stability is the key responsibility of central banks and financial regulators and is necessary for achieving broader goals. The author concludes that further multidisciplinary research is needed to fully understand the complex interactions among the various components of the financial stability framework in the EU and to develop more effective policies for maintaining financial stability.

Keywords:

Bibliography

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