Print

Banking Sector of Baltic Countries

358
Rubric: Europe: New Realities
DOI: 10.20542/0131-2227-2012-10-62-68

V. Olenchenko, Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO), 23, Profsoyuznaya Str., Moscow, 117997, Russian Federation (olenchenko.vladimir@mail.ru).

PDF (RUS)

Abstract. The author states that Baltic banking sector is notable for its heterogeneity. Under conditions of global financial and economic crisis of 2008–2010 and the problems in the Eurozone this became a factor that is aggravating the crisis processes. In particular, a conclusion is drawn that the situation in Baltic banking sector developed and continues to develop under two scenarios. One is realized by the capital from Nordic countries which dominates in the Baltic region. Other participants of banking sector adhere to another one. Scenarios differ by the objects in view and means used. Generally, a tendency of stagnation of Baltic bank sector’s activity is marked.

Keywords: Baltic region, banking sector, crisis, Nordic capital, Swedish banks, financial market


Registered in System SCIENCE INDEX

For citation:
Olenchenko V. Banking Sector of Baltic Countries. World Eсonomy and International Relations, 2012, no. 10, pp. 62-68. https://doi.org/10.20542/0131-2227-2012-10-62-68

Contents World Eсonomy and International Relations. 2012, no. 10

Comments (0)

Show

No comments

Add comment







Indexed

 

 

 

 

Dear authors! Please note that in the VAK List of peer-reviewed scientific journals, in which the main scientific results of dissertations for the degree of candidate and doctor of sciences should be published for the “MEMO Journal” the following specialties are recorded:
economic sciences:
5.2.5. World Economy.
5.2.1. Economic Theory
5.2.3. Regional and Branch Economics
political sciences:
5.5.4. International Relations
5.5.1. History and Theory of Politics
5.5.2. Political Institutions, Processes, Technologies

 

Current Issue
2025, vol. 69, No. 3
Topical Themes of the Issue:
  • Interference Debate within the UN: Record of Systematic Study 
  • Problems and Ways of Russia’s Access to Non-CIS Countries Product Markets
  • The Integration in Central Asia: Restrictions and Perspectives
Announcement

Dear authors of the journal!

Please note that the author's copies of the issues in which your texts are published are kept in the editorial office for no more than one year. After this period expires, the editorial office has the right to dispose of unclaimed copies at its own discretion.

 

Submit an Article
Submit an Article
INVITATION FOR PUBLICATION
The Editorial Board invites authors to write analytical articles on the following topics:
  • changes in the processes of globalization in modern conditions
  • formation of the new world order
  • shifts in civilization at the stage of transition to a digital society

The editors are also interested in publishing synthesis articles / scientific reviews revealing the main trends in the development of certain regions of the world - Latin America, Africa, South Asia, etc.

Scientific and Practical Seminar of IMEMO, RIAC
and the MEMO Journal