History of Financial Crises and its impact to current regulatory development of Basel Committee Cover Image

History of Financial Crises and its impact to current regulatory development of Basel Committee
History of Financial Crises and its impact to current regulatory development of Basel Committee

Author(s): Vladimir Novotny
Subject(s): Economic history, Financial Markets
Published by: Masarykova univerzita
Keywords: financial crises; regulation; Basel 3;
Summary/Abstract: This paper is summarizing all major crises and is trying to give an answer to few questions: a) what are possible mitigants of financial crises if any; b) does the new regulation help us to do that; c) what is potential impact of new regulation to the sector. In more detail this paper is summarizing the history of financial crises from 17th century to the present.