Czasopismo
Tytuł artykułu
Warianty tytułu
The Role of Foreign Capital in the Banking Sector for Financial Stability and Economic Development in Post-Communist Countries
Języki publikacji
Abstrakty
Kapitał zagraniczny odgrywa istotną rolę w sektorach bankowych krajów Europy Środkowej, Wschodniej i Południowej (EŚWP). Globalny kryzys finansowy unaocznił, że kapitał zagraniczny - oprócz pozytywnego wpływu - może stanowić kanał transmisji szoków do krajów goszczących. Badaniem roli kapitału zagranicznego dla stabilności finansowej i rozwoju gospodarczego objęto 20 krajów EŚWP w okresie 1995-2014. Wyniki badań wskazują na neutralną rolę kapitału zagranicznego w sektorze bankowym, chociaż jego negatywny wpływ może występować pośrednio przez agresywną politykę kredytową.(abstrakt oryginalny)
The foreign capital in the banking sector plays an important role in Central, Eastern and South-Eastern European (CESEE) countries. The global financial crisis has shown that apart from the positive impact of foreign-owned banks, they also constitute a transmission channel for shocks to host countries. This study covers 20 CESEE countries over the period 1995-2014 and concentrates on the role of foreign-owned banks for financial stability and economic growth. Our results indicate that their role is neutral, however, a negative impact may be indirect because of their aggressive lending policies.(original abstract)
Rocznik
Tom
Numer
Strony
129--137
Opis fizyczny
Twórcy
- Szkoła Główna Handlowa w Warszawie
autor
- University of Milan-Bicocca
autor
- Szkoła Główna Handlowa w Warszawie
autor
- Szkoła Główna Handlowa w Warszawie
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Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171497343