Causes of banking crises in modern world

Bojidar Bojinov ()

MPRA Paper from University Library of Munich, Germany

Abstract: The global financial crisis has highlighted the issue of the role and importance of the banking sector in a modern economy. It showed that the problems in the sector is the sector rarely, but rather transferred to the whole economy, impacting negatively on access to credit, payment mediation and smooth functioning of financial markets. This article is a critical analysis of the main reasons leading to further problems in the banking sector and the occurrence of a banking crisis.

Keywords: banks; bank system; bank crises (search for similar items in EconPapers)
JEL-codes: G21 (search for similar items in EconPapers)
Date: 2014-05-21
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Published in Dialog 1.2013(2013): pp. 1-10

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