Del 0 - Banking, Money and International Finance

Role of Crises in Shaping Financial Systems

From the Global Financial Crisis to COVID-19

Inbunden, Engelska, 2022

AvMałgorzata Iwanicz-Drozdowska,Elżbieta Malinowska-Misiąg,Piotr Mielus,Paweł Smaga,Bartosz Witkowski

2 559 kr

Beställningsvara. Skickas inom 10-15 vardagar. Fri frakt för medlemmar vid köp för minst 249 kr.

Finns i fler format (1)

Häftad

779 kr

Skickas inom 10-15 vardagar

The Role of Crises in Shaping Financial Systems: From the Global Financial Crisis to COVID-19 underscores the role of crises as turning points for the financial sector and its interactions with the real economy. It sheds new light on the financial industry through the lens of three recent crises – the global financial crisis, the sovereign debt crisis, and the COVID-19 pandemic. The book provides in-depth insight into the financial systems in European Economic Area countries, accentuating the role of crises in shaping the condition and development of the financial arena. The authors pay special attention to the differences between “old” and “new” Europe, i.e. countries that joined the EU in 2004 or later. It explores the implications of recent turbulences for financial institutions, financial markets, and public finance, and their relationship with the economy. The book examines low or negative interest rates, non-standard monetary policy, fiscal stimulus, dense safety nets, regulatory inflation, weak profitability of the financial sector, and the sovereign-bank nexus. Post-crisis developments are assessed, comprehensively and empirically, from both macro- and microeconomic perspectives to help readers understand the nature of policy measures and their socio-economic implications.The authors outline their predictions for the future of financial systems, focusing on the structural changes and legacy of the COVID-19 crisis and global financial interlinkages.The book adopts both theoretical and practical approaches to explore the key issues and, as such, will appeal to academics and students of financial economics and international finance, as well as policymakers and financial regulators.

Produktinformation

Utgivningsdatum2022-10-18
Mått156 x 234 x 15 mm
Vikt780 g
FormatInbunden
SpråkEngelska
SerieBanking, Money and International Finance
Antal sidor178
FörlagTaylor & Francis Ltd
ISBN9781032126418

Tillhör följande kategorier

Małgorzata Iwanicz-Drozdowska is a Full Professor of Economics and Finance and head of the Financial System Department at SGH Warsaw School of Economics, Poland. Elżbieta Malinowska-Misiąg is an Assistant Professor at the Financial System Department, SGH Warsaw School of Economics, Poland. Piotr Mielus is an Associate Professor of Economics and Finance at SGH Warsaw School of Economics, Poland. Paweł Smaga is an Associate Professor at the Financial System Department, SGH Warsaw School of Economics, Poland. Bartosz Witkowski is a Full Professor of Economics and Head of the Institute of Econometrics at SGH Warsaw School of Economics, Poland.

1. Chapter 1. Introduction, 2. Chapter 2. Safety net reactions to crises, 2.1. Monetary response, 2.2. Prudential response, 2.2.1. Regulatory measures, 2.2.2. Lessons learned? Impact of regulatory and institutional overhaul, 2.2.3. First experiences with macroprudential policy in the EU, 2.3. In the eye of the storm - crises and banking sector financial standing, 2.3.1. Pre- and post-crisis trends in the European banking sector condition, 2.3.2. Determinants of bank soundness during crises, 3. Chapter 3. Fiscal policy reaction to crises, 3.1. Policy response – towards strengthening European integration, 3.1.1. EU emergency and recovery initiatives, 3.1.2. Tailoring the state aid framework, 3.1.3. Strengthening the fiscal framework, 3.1.4. Financial assistance facilities, 3.2. Support measures for the financial system – case studies, 3.2.1. Ireland, 3.2.2. Greece, 3.2.3. Cyprus, 3.3. Support measures for the real economy – case studies, 3.3.1. Germany, 3.3.2. Poland, 3.4. Balancing fiscal and financial stability, 4. Chapter 4. Financial markets in crises, 4.1. Origin of asset pricing – who drives the market in a crisis?, 4.2. Financial markets in crisis – a victim or a culprit?, 4.3. Emerging markets asymmetry – how contagion works?, 4.4. Case studies for foreign exchange, interest rate, liquidity and equities, 5. Chapter 5. The interplay between the financial sphere and the real sphere, 5.1. Finance and growth nexus – state of play, 5.2. Tail wagging the dog?, 5.3. Financial and real spheres in Western and Eastern Europe , 5.3.1. Financial and real spheres in Europe, 5.3.2 Data and methodology, 5.3.3 Results and discussion. Tail (finance) wagging the dog? 6. Chapter 6. Challenges ahead

Mer från samma författare

Negative Interest Rates and Financial Stability

Karol Rogowicz, Małgorzata Iwanicz-Drozdowska, Karol (SGH Warsaw School of Economics) Rogowicz, Malgorzata Iwanicz-Drozdowska, Ma¿gorzata Iwanicz-Drozdowska

Inbunden

2 559 kr

Negative Interest Rates and Financial Stability

Karol Rogowicz, Małgorzata Iwanicz-Drozdowska, Karol (SGH Warsaw School of Economics) Rogowicz, Malgorzata Iwanicz-Drozdowska, Ma¿gorzata Iwanicz-Drozdowska

Häftad

779 kr

European Bank Restructuring During the Global Financial Crisis

Jakub Kerlin, Elżbieta Malinowska-Misiąg, Paweł Smaga, Bartosz Witkowski, Agnieszka K. Nowak, Anna Kozłowska, Piotr Wiśniewski, Malgorzata Iwanicz-Drozdowska, Malinowska-Misi&, Pawel Smaga, Agnieszka K Nowak, Anna Kozlowska, Wi&, Małgorzata Iwanicz-Drozdowska, Malgorzata Iwanicz-Drozdowska

Inbunden

1 439 kr

Foreign-Owned Banks

Małgorzata Iwanicz-Drozdowska, Paola Bongini, Paweł Smaga, Bartosz Witkowski, Malgorzata Iwanicz-Drozdowska, Pawel Smaga, Ma¿gorzata Iwanicz-Drozdowska, Pawe¿ Smaga

Inbunden

1 719 kr

Foreign-Owned Banks

Malgorzata Iwanicz-Drozdowska, Paola Bongini, Pawel Smaga

Y. C. Lum, Sardar M. N. Islam

Inbunden

2 829 kr

Du kanske också är intresserad av