Original scientific paper

SOME ASPECTS OF MANAGEMENT OF BANKING CRISES

Ivica Prga

Abstract

The author exposes correlation between banking and financial crises and systematizes their main causes. He stresses here increasing importance of microeconomic causes of crisis. The efficient management of crisis must solve the problems of moral hazard, profoundness of crisis and distribution of fiscal burden. The option between market intervention or “systemic watcher” depends upon complexity and development of banking crisis.

Keywords

Hrčak ID:

28352

URI

https://hrcak.srce.hr/28352

Publication date:

20.6.2002.

Article data in other languages: croatian

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