Conference paper

BANKING CRISIS: CAUSES, CHARACTERISTICS AND SOLUTIONS

Ioan Batrancea orcid.org/0000-0001-7748-3010 ; Babes-Bolyai University Department of Finance, Faculty of Economics and Business Administration, Cluj-Napoca, Romania
Andrei Moscviciov ; Babes-Bolyai University Department of Business, Faculty of Business, Cluj-Napoca, Romania E-mail:
Catalin Sabau ; Babes-Bolyai University Department of Finance, Faculty of Economics and Business Administration, Cluj-Napoca, Romania
Larissa-Margareta Batrancea ; Babes-Bolyai University Department of Business, Faculty of Business, Cluj-Napoca, Romania

Abstract

The banking crisis revealed severe shortcomings in the area of monetary policy, deregulation, financial innovation, and government policies. Given the negative impact it has had on the global economy, it requires an analysis of the factors that contributed to its onset, its particularities and the solutions implemented. The aim of the paper is to draw a clear picture of the phenomenon and to identify possible solutions. By analyzing the causes and evolution of the recent banking crisis, the authors suggest strategies aimed at avoiding similar future banking crises.

Keywords

moral hazard; deregulation; financial innovation

Hrčak ID:

161431

URI

https://hrcak.srce.hr/161431

Publication date:

27.9.2013.

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