Finance, growth and crisis : a European perspective

Adalbert Winkler

The long-held truism that finance is always good for growth has been called into question by the global financial crisis. This article examines new evidence on the finance-growth nexus from a European perspective. More specifically, it compares the approach of many CESEE countries - i.e. financial deepening and integration via foreign banks - with that of the euro area, namely wholesale financial integration but without any instruments for crisis management.

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Year of publication:	2014
Authors:	Winkler, Adalbert
Published in:	Intereconomics : review of European economic policy. - Warsaw, Poland : Sciendo, ISSN 1613-964X, ZDB-ID 2066476-X. - Vol. 49.2014, 2, p. 88-94
Subject:	Finanzsektor \| Financial sector \| Wirkungsanalyse \| Impact assessment \| Wirtschaftswachstum \| Economic growth \| Finanzmarktregulierung \| Financial market regulation \| Kapitalimport \| Capital imports \| Internationale Bank \| International bank \| EU-Staaten \| EU countries

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Extent:	graph. Darst.
Type of publication:	Article
Type of publication (narrower categories):	Aufsatz in Zeitschrift ; Article in journal
Language:	English
Other identifiers:	10.1007/s10272-014-0490-2 [DOI] hdl:10419/141361 [Handle]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10010338523