Munich Personal RePEc Archive

Causes of banking crises in modern world

Bojinov, Bojidar (2014): Causes of banking crises in modern world. Published in: Dialog , Vol. 2013, No. 1 (10 April 2013): pp. 1-10.

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Abstract

The global financial crisis has highlighted the issue of the role and importance of the banking sector in a modern economy. It showed that the problems in the sector is the sector rarely, but rather transferred to the whole economy, impacting negatively on access to credit, payment mediation and smooth functioning of financial markets. This article is a critical analysis of the main reasons leading to further problems in the banking sector and the occurrence of a banking crisis.

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