CRISIS THREAT AND BANKING REFORM TRENDS
Piotr Masiukiewicz
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Piotr Masiukiewicz: Warsaw School of Economics, Poland
Perspectives of Innovation in Economics and Business (PIEB), 2010, vol. 6, issue 3, 52-56
Abstract:
The concepts of regulatory changes, published by individual experts as well as institutions responsible for the financial market, are burdened with the experience of the last subprime credit crunch. Beyond the field of interest there are risks that have appeared in the last years and require decisive actions from banks, e.g. in the area of Internet banking or compliance. These areas seem to need some institutional support for the sector. The author suggets that crisis shock must be fought with the intervention shock, i.e. with a number funds of a number of institutions and huge amounts.
Keywords: Bank crisis; banking institutions; banking refoms; crisis management. (search for similar items in EconPapers)
JEL-codes: G21 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pdc:jrpieb:v:6:y:2010:i:3:p:52-56
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