Analyzing systemic risk in CEE markets in 2007-2008 financial crisis

Abstract

The purpose of the article is to attempt to answer the question of how the crisis affected the banking systems of cee countries, with special emphasis on liquidity risk. It seems that this problem has particularly affected emerging economies. First, the liquidity risk began to exert considerable influence on the functioning banking system and, indirectly, the whole economy. In this paper author wanted to answer the following questions: What are the channels of transmission systemic risk on cee markets? What is the role of big world banking groups in these financial systems? This concept is applied to ten Central Eastern European countries, which experienced a financial crisis. In the research author hypothesized about interconnectedness of liquidity in financial systems and solvency problems of big banking groups operating in CEE.

Keywords

liquidity risk;financial crisis;contagion effect;

Data

Language:	English
Year of publishing:	2013
Typology:	1.01 - Original Scientific Article
Organization:	UP - University of Primorska
UDC:	336.77
COBISS:	4775127
ISSN:	1854-4231
Parent publication:	Management
Views:	2635
Downloads:	87
Average score:	0 (0 votes)
Metadata:

Other data

Secondary language:	Slovenian
Secondary keywords:	tveganja;likvidnost;finančna kriza;učinki okužbe;
URN:	URN:NBN:SI
Type (COBISS):	Not categorized
Pages:	str. 37-47, 87-88
Volume:	ǂVol. ǂ8
Issue:	ǂno. ǂ1
Chronology:	spring 2013
Keywords (UDC):	social sciences;družbene vede;economics;economic science;ekonomija;ekonomske vede;finance;finance;money;monetary system;banking;stock exchanges;denar;monetarni sistem;bančništvo;borzništvo;
ID:	81279