Coordinates of a New European Banking Model
Anamaria Avadanei and
Ioana Tomuleasa ()
Ovidius University Annals, Economic Sciences Series, 2013, vol. XIII, issue 1, 132-137
Abstract:
The new global order stands to be trapped in a spiral of change, which became increasingly complex and fast. The aim of this paper is to picture the transformation of the European banking model dictated by the experience of the last financial crisis. We note the contribution of innovation, securitization and regulation to present and future banking structural adjustments, pointing out a series of issues which captured the overwhelming implications on the “health” of the system. We also included in our study some evidence from 7 European countries (Bulgaria, Czech Republic, Hungary, Latvia, Lithuania, Poland and Romania). To conclude, we summarize the multiple faces of banking reconfiguration, we argue that risks are still present in this industry and we define our position in favor of traditional and safe practices.
Keywords: financial crisis; financial education; banking model; securitization. (search for similar items in EconPapers)
JEL-codes: G01 G21 G32 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xii:y:2012:i:1:p:132-137
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