The banking crisis of 2007-2008, and contemporary responses

Bibliographic Details
Main Author: Pinto, Rodolfo Varela
Publication Date: 2014
Other Authors: Borges, Maria Rosa
Format: Article
Language: eng
Source: Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
Download full: http://hdl.handle.net/10400.5/26301
Summary: Until 2006, the financial system prospered and was stable, and Basel II rules were viewed as contributing to that stability. The financial crisis of 2007-2008 forced a change in those beliefs, as imbalances spread and risks materialized, affecting banks and other financial institutions, and impairing economic growth. We discuss the causes of the financial crisis, the response measures that were applied by governments, central banks and the changes in supervision and regulation that are being prepared under Basel III, to increase the resilience of banks, and to reduce the risks of future crisis.
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spelling The banking crisis of 2007-2008, and contemporary responsesBanking CrisisFinancial SystemBasel IISupervisionRegulationUntil 2006, the financial system prospered and was stable, and Basel II rules were viewed as contributing to that stability. The financial crisis of 2007-2008 forced a change in those beliefs, as imbalances spread and risks materialized, affecting banks and other financial institutions, and impairing economic growth. We discuss the causes of the financial crisis, the response measures that were applied by governments, central banks and the changes in supervision and regulation that are being prepared under Basel III, to increase the resilience of banks, and to reduce the risks of future crisis.ExcelingTech PublisherRepositório da Universidade de LisboaPinto, Rodolfo VarelaBorges, Maria Rosa2022-11-29T16:07:11Z20142014-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/26301engPinto, Rodolfo Varela, and Maria Rosa Borges.(2014). "The banking crisis of 2007-2008, and contemporary responses" . International Journal of Latest Trends in Finance and Economic Sciences, Vol 4.No. 3 : 774-7772047‐0916 (Online)info:eu-repo/semantics/openAccessreponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2025-03-17T16:23:53Zoai:repositorio.ulisboa.pt:10400.5/26301Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-29T04:12:36.597199Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse
dc.title.none.fl_str_mv The banking crisis of 2007-2008, and contemporary responses
title The banking crisis of 2007-2008, and contemporary responses
spellingShingle The banking crisis of 2007-2008, and contemporary responses
Pinto, Rodolfo Varela
Banking Crisis
Financial System
Basel II
Supervision
Regulation
title_short The banking crisis of 2007-2008, and contemporary responses
title_full The banking crisis of 2007-2008, and contemporary responses
title_fullStr The banking crisis of 2007-2008, and contemporary responses
title_full_unstemmed The banking crisis of 2007-2008, and contemporary responses
title_sort The banking crisis of 2007-2008, and contemporary responses
author Pinto, Rodolfo Varela
author_facet Pinto, Rodolfo Varela
Borges, Maria Rosa
author_role author
author2 Borges, Maria Rosa
author2_role author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Pinto, Rodolfo Varela
Borges, Maria Rosa
dc.subject.por.fl_str_mv Banking Crisis
Financial System
Basel II
Supervision
Regulation
topic Banking Crisis
Financial System
Basel II
Supervision
Regulation
description Until 2006, the financial system prospered and was stable, and Basel II rules were viewed as contributing to that stability. The financial crisis of 2007-2008 forced a change in those beliefs, as imbalances spread and risks materialized, affecting banks and other financial institutions, and impairing economic growth. We discuss the causes of the financial crisis, the response measures that were applied by governments, central banks and the changes in supervision and regulation that are being prepared under Basel III, to increase the resilience of banks, and to reduce the risks of future crisis.
publishDate 2014
dc.date.none.fl_str_mv 2014
2014-01-01T00:00:00Z
2022-11-29T16:07:11Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/26301
url http://hdl.handle.net/10400.5/26301
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Pinto, Rodolfo Varela, and Maria Rosa Borges.(2014). "The banking crisis of 2007-2008, and contemporary responses" . International Journal of Latest Trends in Finance and Economic Sciences, Vol 4.No. 3 : 774-777
2047‐0916 (Online)
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
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dc.publisher.none.fl_str_mv ExcelingTech Publisher
publisher.none.fl_str_mv ExcelingTech Publisher
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