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This paper examines the relationship between adverse shocks to the banking system and their effect on the general economy in Europe. This topic was brought to the spotlight during the 2007-2009 financial and economic crisis, when the relatively healthy, at that time, European economy was...
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Im vergangenen Jahrzehnt gingen beträchtliche Kapitalströme aus den entwickelten Volkswirtschaften mit einem starken Kreditwachstum in den Ländern des westlichen Balkans, der Türkei und den GUS einher. Dennoch konnten fast alle Länder der Region ungeachtet ihrer unterschiedlichen...
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