Analysis of Main Instruments of Crisis Regulation of Banking Activity During the Global Financial Crisis of 2008-2009
Olga Afanasyeva ()
MPRA Paper from University Library of Munich, Germany
This paper investigates the role and necessity of system of crisis management of banking activity in present-day conditions. Particular attention is paid to the crisis management that is realized on the level of government and central bank. An overview and comparison of major anti-crisis instruments both in Ukraine and foreign countries is given. The research pays special attention to importance of Asset management companies. It is stated that crisis regulation should have preventive character, oriented at working out instruments and realization of such measures that would minimize the negative effect of external and internal surroundings.
Keywords: Crisis Management; Banking Activity; Preventive Crisis Management; Asset Management Corporation; Financial Crisis; Banks; Banking (search for similar items in EconPapers)
JEL-codes: F38 G1 G2 (search for similar items in EconPapers)
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Published in Corporate Ownership and Control 1.9(2011): pp. 233-243
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:60651
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