Banking System Resilience and Financial Stability

Swamy, Vighneswara (2013): Banking System Resilience and Financial Stability.

Abstract

This paper while emphasising the importance of the concept of financial stability in the wake of recent global financial crisis attempts to highlight the significance of the soundness of banking sector in emerging economies where banking sector constitutes a lion’s share in the financial system. Attempt is made to define financial stability in backdrop of the ongoing definition debate for financial stability. Another contribution of this study is that, employing the appropriate key determinants of banking sector soundness, the paper models a basic axiomatic form of banking stability index (BSI) in the context of an emerging economy banking sector.

• Item Type: MPRA Paper
• Language: English
• Keywords: Financial stability; Instability; Banks and financial institutions, Indicator, Crisis
• Subjects: E - Macroeconomics and Monetary Economics > E4 - Money and Interest Rates > E44 - Financial Markets and the Macroeconomy; E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E58 - Central Banks and Their Policies; G - Financial Economics > G2 - Financial Institutions and Services; G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks ; Depository Institutions ; Micro Finance Institutions ; Mortgages; G - Financial Economics > G2 - Financial Institutions and Services > G28 - Government Policy and Regulation

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