FINANCIAL STABILITY OF BANKING SYSTEM IS A BASIS OF ANTIRECESSIONARY ECONOMY DEVELOPMENT

Sergey L. Ermakov ()
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Sergey L. Ermakov: Russian Academy of Entrepreneurship, Moskow

Review of General Management, 2010, vol. 11, issue 1, 62-70

Abstract: The problems of studying “the basic postulates of stability” of the banks and their system as a whole are constantly being exposed to the analysis under various angle; they begun practically in the ‘90s of the XX-th century, that is almost simultaneously with the beginning of the formation of the new bank system of Russia. However, the existence of various rating systems of an estimation of stability, a choice of priorities, etc. do not allow us to develop the unequivocal approach to the given problem. The stability of a bank system, being a complex characteristic, is in a close parity with the stability and the stable development of economy as a whole. It is possible to consider as steady development of economy the stable and high enough rates of economic growth, industrial production, investment process (providing growth and its support in the long term). The given article is devoted to the detailed analysis of questions of financial stability of banks from the point of view of macroeconomics.

Keywords: bank system; credit institutions; financial stability. (search for similar items in EconPapers)
Date: 2010
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