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Development of the world banking industry and the systemic crisis of 2008-2010

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  • S. Shums'ka

Abstract

The author shows key tendencies of the development of money as the starting point for changes in the structure and development of the world financial system. The investigation reveals the main development tendencies of the banking industry during the pre-crisis period and formulates various regularities as to the macro-economic pre-conditions and regulation policies during systemic banking crises. The article considers the main guidelines of anti-crisis measures to stabilize the situation in the banking sphere during the systemic crisis.

Suggested Citation

  • S. Shums'ka, 2010. "Development of the world banking industry and the systemic crisis of 2008-2010," Economy and Forecasting, Valeriy Heyets, issue 4, pages 39-61.
    • Handle: RePEc:eip:journl:y:2010:i:4:p:39-61
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