The German banking system and the global financial crisis: Causes, developments and policy responses

Germany's banking sector has been severely hit by the global financial crisis. In a German context as of February, 2009, this paper reviews briefly the structure of the banking industry, quantifies effects of the crisis on banks and surveys responses of economic policy. It is argued that policy design needs to enhance transparency and enforce the liability principle. In addition, economic policy should not eclipse principles of competition policy.

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Year of publication:	2009
Authors:	Bleuel, Hans-H.
Publisher:	Düsseldorf : Fachhochschule Düsseldorf, Fachbereich Wirtschaft
Subject:	Bank \| Bankenkrise \| Finanzmarktkrise \| Wirtschaftspolitik \| Deutschland \| bank \| banking crisis \| financial crisis \| economic policy \| Germany

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Series:	Düsseldorf Working Papers in Applied Management and Economics ; 8
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	593928032 [GVK] hdl:10419/30798 [Handle] RePEc:ddf:wpaper:08 [RePEc]
Source:	EconStor

Persistent link: https://www.econbiz.de/10010266115