Innowacyjne mechanizmy refinansowania w drodze sekurytyzacji w świetle zmian 2008 r.

• Authors: Joanna Adamska-Mieruszewska

Title variants

EN

Securitization as an Innovative Financial Technique Against the Background of Changes in 2008

• Languages of publication: PL

Abstracts

EN

By 2008, the securitization was one of the most dynamically developing financial market instrument. The crisis collapsed the market for several years by freezing all the transactions transferring risk. Since 2008, the vast majority of securities have been retained in the balance sheet of the originator, transmitted to the central bank or issued by the government's agency (mainly in US). Nowadays securitization is slowly retuning on the financial markets, not only in its traditional forms - mortgage based securities, but also as a innovative instrument enabling whole business or mortality risk transfer. Careful use of securitizations and changes especially in regulation concerning issuers and rating agency may make from securitization important factor of economic growth. The aim of this article is to analyse the situation in the securitisation market after 2008, in particular in the context of possibilities to implement innovative solutions.

Keywords

PL

Instrumenty finansowe; Kryzys finansowy; Rozwój gospodarczy; Rynki finansowe; Sekurytyzacja aktywów

EN

Asset securitisation; Economic development; Financial crisis; Financial instruments; Financial markets

• Publisher: Uniwersytet Ekonomiczny w Katowicach
• Journal: Studia Ekonomiczne
• Year: 2013
• Volume: 174
• Pages: 39-49

Contributors

author

Joanna Adamska-Mieruszewska

References

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• H.J. Bloomenstein, A. Keskinler, C. Lucas: Outlook for the Securitization Market. "OECD Journal: Financial Market Trends" 2011, Vol. 2011, Iss. 1.

Identifiers

ISSN

2083-8611