Impact of systemic banking crises on macroeconomic policy
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Date
2014
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
,,Victor Slăvescu” Centre For Financial And Monetary Research
Abstract
Application of provisions of macroeconomic policy in order to ensure the stability of the banking system, especially, of the financial system as a whole is one of the strengths point of the concept of sustainable development. From one side, management of systemic risk requires orientation of super visors bodies in monitoring of the situation and to follow the evolution of national banking systems, as a whole, combined with monitoring of monetary policy and microprudential supervision of banks. From another side, real system interacts strongly with the banking system, which generates consequences for banks and financial stability. Motivation for choosing this research topic arising from its novelty and, also, uncertainty of the concept of systemic crisis and involving macroeconomic policy provisions in the banking sector.
Description
Bibliogr.: pp. 36-37(13 titl.). JEL Classification: G15, E01, G01.
Keywords
banking crisis, macroeconomic policy, banking sector, economic crisis
Citation
COCIUG, Victoria, POSTOLACHE, Victoria. Impact of systemic banking crises on macroeconomic policy. In: Journal of Financial and Monetary Economics. 2014, no. 1, pp. 31-37. ISSN 2392 – 9685.