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Types Of Financial Crises

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  • MERI BOSHKOSKA

    (FACULTY OF ECONOMICS, PRILEP UNIVERSITY ST KLIMENT OHRIDSKI, BITOLA, REPUBLIC OF NORTH MACEDONIA)

Abstract

In the context of globalization and internationalization of the financial markets, issues resulting from financial crises are becoming increasingly serious and substantial, creating a lot of discussion among experts, worldwide. Many studies have attempted to investigate what measures can be taken to detect and prevent crises before they devastate the economies. This paper examines some of the most significant types of financial crises according to their origin, including banking, currency, and debt crises in order to draw lessons from their occurrence. The analysis is done by systematic and comparative analysis of relevant scientific literature which refers to the different types of financial crises and their consequences.

Suggested Citation

  • Meri Boshkoska, 2022. "Types Of Financial Crises," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 37-48, June.
    • Handle: RePEc:cbu:jrnlec:y:2022:v:3:p:37-48
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    References listed on IDEAS

    as
    1. Mr. Fabian Valencia & Mr. Luc Laeven, 2008. "Systemic Banking Crises: A New Database," IMF Working Papers 2008/224, International Monetary Fund.
    2. Meri Boshkoska & Spiro Lazaroski, 2018. "Leading Factors Of The Global Financial Crisis – The Us Evidence," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 4-13, October.
    3. Mr. Luc Laeven & Mr. Fabian Valencia, 2018. "Systemic Banking Crises Revisited," IMF Working Papers 2018/206, International Monetary Fund.
    4. Krugman, Paul, 1979. "A Model of Balance-of-Payments Crises," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 11(3), pages 311-325, August.
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