Comparative Analysis Of The Causes And Consequences Of Representative Banking Crises Cover Image

Komparativna analiza uzroka i posledica reprezentativnih bankarskih kriza
Comparative Analysis Of The Causes And Consequences Of Representative Banking Crises

Author(s): Emilija Vuksanović, Violeta Todorović, Milena Jakšić
Subject(s): Economy
Published by: Универзитет у Нишу
Keywords: banking crises; causes of banking crises; financial liberalisation; non-performing loans; regulatory measures

Summary/Abstract: Current developments in the global financial flows significantly affect the behaviour and performance of banks. Dynamic, unpredictable, and turbulent environment factors relativize the specific position of the banks and demand their active attitude towards the environment. From the moment the banking operations assumed a global character, banking crises became a global phenomenon. Therefore, the identification and analysis of the causes of banking crises is the initial step in solving them. The paper deals with the causes of banking crises, both traditional and the ones resulting from the development of financial innovations. The aim is to identify the identical causes, determine the essential differences, and measure the depth and length of the adverse effects of banking crises. By analysing the selected representative crises, the authors conclude that they can cause problems of varying impact on the financial and the economic system, depending on the speed of the measures taken to stop them. Accordingly, the basis has been created for a rational and relevant verification of the effects arising from the timely actions taken to remedy individual banking problems and resolve systemic banking crises.

  • Issue Year: 2015
  • Issue No: 1
  • Page Range: 159-174
  • Page Count: 16