The German Banking System and the Global Financial Crisis: Causes, Developments and Policy Responses

IF 2.2 3区经济学 Q2 BUSINESS, FINANCE

European Journal of Finance Pub Date : 2009-02-28 DOI:10.2139/ssrn.1365813

Hans-H. Bleuel

引用次数: 5

Abstract

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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德国银行体系与全球金融危机:起因、发展与政策应对

德国银行业受到全球金融危机的严重打击。在2009年2月的德国背景下，本文简要回顾了银行业的结构，量化了危机对银行的影响，并调查了经济政策的反应。认为政策设计需要提高透明度和执行责任原则。此外，经济政策不应掩盖竞争政策的原则。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

European Journal of Finance BUSINESS, FINANCE-

CiteScore

5.40

自引率

8.00%

发文量

期刊介绍： The European Journal of Finance publishes a full range of research into theoretical and empirical topics in finance. The emphasis is on issues that reflect European interests and concerns. The journal aims to publish work that is motivated by significant issues in the theory or practice of finance. The journal promotes communication between finance academics and practitioners by providing a vehicle for the publication of research into European issues, stimulating research in finance within Europe, encouraging the international exchange of ideas, theories and the practical application of methodologies and playing a positive role in the development of the infrastructure for finance research.