The role of the state in the sustainable development of the banking system Cover Image

Rola państwa w zrównoważonym rozwoju systemu bankowego
The role of the state in the sustainable development of the banking system

Author(s): Jan Koleśnik
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: banking sector; safety net; state aid; banking union

Summary/Abstract: The purpose of this article is to answer the question whether the state has effective instruments of impact on the banking system in order to reduce the risk which materialization would threaten the entire economy. This aim was achieved by identifying the tools of impact on the banking system used in the European Union, taking into account the distribution of standard instruments and actions which had been taken in response to the events of the last crisis. This analysis indicated that the key role would be played by the instruments created in the banking union. However, this will not limit the role of the state in the banking system, but it will give it a formalized and complex dimension through which it will be possible to react quicker to emerging issues and to reduce the costs of such a solution.

  • Issue Year: 2014
  • Issue No: 1 (18)
  • Page Range: 124-131
  • Page Count: 8
  • Language: Polish