Zhukova Tatiana
Банковские кризисы и экономический рост в современном мире // Банковские услуги. 2023. № 8. С. 17-24. DOI 10.36992/2075-1915_2023_8_17.
Publication Type:

ISSN 2075-1915

DOI 10.36992/2075-1915_2023_8_17

The article explores the influence of banking crises (as the type of financial crises) on economic growth in a period of large-scale financialization (since 1995 to present date) with decomposition of GDP by real, financial sectors and other services. A hypothesis is put forward that banking crises evolve along with financial development. The study is carried out from the original list of 120 countries, period 1970-2023. The work is based on the extended global base of financial crises, global financial and economic development databases. Methods of structural, cluster, regression (linear regression), econometric (HP-filter), cross-country analysis are applied. The shift of the center of financial crises to banking crises in developed countries is identified. GDP losses from banking crises, unified by start time, are quantified. Factors and mechanisms contributing to the size of losses, the possibilities of their correction are revealed. The prospects for the impact of banking crises on economic growth in Russia are considered.

Keywords: financial crises | banking crises | economic growth | real GDP | domestic credit | credit booms | banking assets | non-banking financial institutions | real sector | financial sector | financial development | developed countries | expansionary monetary policy |

Russian Science Citation Index


Komova Anna
German Monetary and Exchange Rate Policy of the “Economic Miracle”: Growth or Stabilization

Podkolzina Inna
Anti-crisis policy of the eurozone monetary authorities.

Zhukova Tatiana
The Role of Credit Expansion in Spain’s Economic Miracle: Aspects of Inflation

Simoniya Nodari , Torkunov Anatoly
Финансовые аспекты и социальные последствия структурного кризиса в США [Текст] / Н.А. Симония, А.В. Торкунов // Мир и политика. – 2013. – №2 (77). – 6 – 17.

Mirkin Yakov
Financial Sector of Russia: 30 Years of High Volatility Inside Global Finance

Nozdrev Stanislav
New Trends in the Bank Sector of Asia

Bahtaraeva Karina
The role of the credit control system and exchange rate policy in Italy’s economic modernization

Zhukova Tatiana
Финансовая стратегия модернизации Китая: от начала политики открытости до наших дней [Текст] / Т.В. Жукова // Банковские услуги. – 2015. – № 5. – С. 28 – 39.

Zhukova Tatiana
Role of banking system in creating the conditions for fast economic growth: Israeli model in 1950-1972

Podkolzina I.
Некоторые актуальные проблемы российской денежно-кредитной политики в исследованиях европейских экономистов / И.А. Подколзина // Деньги и кредит. – 2009. – № 8. – С. 58–70.

Mirkin Yakov
An anatomy of price formation on oil as the financial asset

Podkolzina I.
The Effect of Asset Values on Monetary Policy / Podkolzina Inna

Rubtsov Boris
Концепция устойчивого развития и ее влияние на финансовые рынки

Mirkin Yakov
Финансовое будущее России: экстремумы, бумы, системные риски. М.: GELEOS Pablishing House; Кэпитал Трейд Компании, 2011, 480 с.

Khudyakova Ludmila, Sidorova Elena
Regulation Reform of the Financial Sector in the European Union // Money and Credit. – 2014. –No 4. – P. 28 – 34.

Krinichansky K., Rubtsov Boris
Financial sector regulation on the agenda of economic Policy reforms

Annenskaya N., Markov R., Rubtsov Boris
Финансовые инновации в сфере управления средствами субфедеральных публично-правовых образований // Банковские услуги. 2023. № 2. С. 10-16. DOI 10.36992/2075-1915_2023_2_10.

Rubtsov Boris
Изменения в архитектуре финансовых рынков после мирового экономического кризиса 2007-2009 гг. // Банковские услуги. 2020. № 10. С. 9-21. DOI 10.36992/2075-1915_2020_10 _9.

Mirkin Yakov
Influence of sanctions on financial risks of the russian economy

Sidorova Elena, Khudyakova Ludmila, Kulakova Vasilisa, Nozdrev Stanislav
Global Reform in Financial sector Regulation // Money and Credit. – 2016. – No 5. – P. 28-38.
Related publications

Comments (0)

No comments

Add comment

First news
Institute News

The next issue of the MEMO Journal (No. 7 for 2024) opens with the topical rubric "Security Problems in the Modern World", which features articles by A. Arbatov "The Bearing Structure of Global Security" and A. Krivopalov "The Southern Flank of U.S. Deployment in Eastern Europe".



On July 8, 2024, the Center of the Indo-Pacific Region of IMEMO will hold a Roundtable "From Modi 2.0 to Modi 3.0".


Recently Published