The Economic Crisis and New Regulatory Proposals in the Financial Sphere

• Authors: Aleksandra Jurkowska , Katarzyna Owsiak

Title variants

PL

Kryzys gospodarczy a propozycje nowych regulacji w sferze finansowej

• Languages of publication: EN

Abstracts

EN

The financial crisis that began in the United States as a result of the downturn in residential property values quickly spread to the global economy. The new risks which emerged during the breakdown highlighted the significant limitations and gaps in the existing regulatory system. The aim of this article is to examine the nature of the last crisis (its reasons and course), outline the new regulatory proposals of the main international bodies (the International Monetary Fund and the Basel Committee on Banking Supervision) in the financial sphere and to present the implementation of these proposals in the European Union and the United States in light of the G-20 summit arrangements.

Keywords

EN

Basel III; CRD; Dodd-Frank Act; financial crisis; financial regulations; financial supervision

• Publisher: Wydawnictwo Uniwersytetu Ekonomicznego w Krakowie
• Journal: Argumenta Oeconomica Cracoviensia
• Year: 2011
• Issue: 7
• Pages: 69-95

Contributors

author

Aleksandra Jurkowska

• Uniwersytet Ekonomiczny w Krakowie, Katedra Finansów, ul. Rakowicka 27, 31-510 Kraków, Poland

author

Katarzyna Owsiak

• Uniwersytet Ekonomiczny w Krakowie, Katedra Finansów, ul. Rakowicka 27, 31-510 Kraków, Poland

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