Academic Journals Database
Disseminating quality controlled scientific knowledge

Analyzing Systemic Risk in CEE Markets in 2007–2008 Financial Crisis

Author(s): Renata Karkowska

Journal: Management
ISSN 1854-4223

Volume: 8;
Issue: 1;
Start page: 37;
Date: 2013;
VIEW PDF   PDF DOWNLOAD PDF   Download PDF Original page

Keywords: liquidity risk | financial crisis | contagion effect

The purpose of the article is to attempt to answer the question ofhow the crisis affected the banking systems of cee countries, withspecial emphasis on liquidity risk. It seems that this problem hasparticularly affected emerging economies. First, the liquidity riskbegan to exert considerable influence on the functioning bankingsystem and, indirectly, the whole economy. In this paper authorwanted to answer the following questions: What are the channelsof transmission systemic risk on cee markets? What is the role ofbig world banking groups in these financial systems? This conceptis applied to ten Central Eastern European countries, whichexperienced a financial crisis. In the research author hypothesizedabout interconnectedness of liquidity in financial systemsand solvency problems of big banking groups operating in CEE.

HR software für Hotellerie

Automatische Erstellung
von Personaldokumente
und Anmeldungen bei Behörden


Tango Jona
Tangokurs Rapperswil-Jona