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2015 | 49 | 2 |

Article title

Kryzys bankowy jako główna przyczyna kryzysu w strefie euro

Content

Title variants

Languages of publication

PL

Abstracts

PL
Artykuł nie zawiera abstraktu w języku polskim.
EN
The global banking crisis which caused the Eurozone crisis was unexpected. Before the banking crisis started, the prevailing view was that due to scientific advances in risk management banks would be able to continuously adjust their potential losses to their capital in order to avoid insolvency. This conviction turned out to have been false following the emergence of large financial holdings which were too big and too interconnected to be efficiently managed and supervised. In the paper it is argued that an effective banking reform should impose a strict separation between commercial, investment and mortgage banks (at least within the existing financial holdings) to make them more manageable and resolvable. The proposed reform of the European banking system, put forward in Liikanen Report, is still insufficient to shield the Eurozone from subsequent banking crises which might endanger its stability and growth prospects.

Year

Volume

49

Issue

2

Physical description

Dates

published
2015
online
2015-07-28

Contributors

References

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Document Type

Publication order reference

Identifiers

YADDA identifier

bwmeta1.element.ojs-doi-10_17951_h_2015_49_2_181
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