GLOBAL BANKING CRISES: CAUSES, FACTORS AND IMPLICATIONS

Modern banking crisis in Kazakhstan’s economy is part of the global financial crisis. Liquidity problems which have emerged in second-tier Kazakh banks are mostly caused by changes in the situation on global financial markets and reduced availability of free financial resources. However, the ongoing...

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Main Authors: Sh. U. Niyazbekova, S. T. Kosmagambetova
Format: Article
Language:Russian
Published: Government of the Russian Federation, Financial University 2017-10-01
Series:Финансы: теория и практика
Subjects:
Online Access:https://financetp.fa.ru/jour/article/view/27
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author Sh. U. Niyazbekova
S. T. Kosmagambetova
author_facet Sh. U. Niyazbekova
S. T. Kosmagambetova
author_sort Sh. U. Niyazbekova
collection DOAJ
description Modern banking crisis in Kazakhstan’s economy is part of the global financial crisis. Liquidity problems which have emerged in second-tier Kazakh banks are mostly caused by changes in the situation on global financial markets and reduced availability of free financial resources. However, the ongoing national banking crisis has its roots not only in the substantial involvement of Kazakhstan’s banking system in global financial markets but also in severe structural deformations which it has undergone over the past few years. The work is the result of research conducted by the authors in 2009-2013 on the basis of practical materials of domestic and foreign organizations. The paper describes an efficient method which has been successfully tested in practice to exit from or prevent the global banking crisis; it also suggests some efficient management solutions. Clear and transparent evaluations and projections set out in the paper may be used by large financial institutions, analysts,commercial banks.Some elements of the proposed technique maybe applied to analyse complexprojects,etc.
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institution Kabale University
issn 2587-5671
2587-7089
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publishDate 2017-10-01
publisher Government of the Russian Federation, Financial University
record_format Article
series Финансы: теория и практика
spelling doaj-art-61de2d54fd1b43eb97ceeb70db446bf22025-08-20T03:34:41ZrusGovernment of the Russian Federation, Financial UniversityФинансы: теория и практика2587-56712587-70892017-10-010111012110.26794/2587-5671-2014-0-1-45-5764GLOBAL BANKING CRISES: CAUSES, FACTORS AND IMPLICATIONSSh. U. Niyazbekova0S. T. Kosmagambetova1Eurasian national university named after l.n. Gumilevthe Finance AcademyModern banking crisis in Kazakhstan’s economy is part of the global financial crisis. Liquidity problems which have emerged in second-tier Kazakh banks are mostly caused by changes in the situation on global financial markets and reduced availability of free financial resources. However, the ongoing national banking crisis has its roots not only in the substantial involvement of Kazakhstan’s banking system in global financial markets but also in severe structural deformations which it has undergone over the past few years. The work is the result of research conducted by the authors in 2009-2013 on the basis of practical materials of domestic and foreign organizations. The paper describes an efficient method which has been successfully tested in practice to exit from or prevent the global banking crisis; it also suggests some efficient management solutions. Clear and transparent evaluations and projections set out in the paper may be used by large financial institutions, analysts,commercial banks.Some elements of the proposed technique maybe applied to analyse complexprojects,etc.https://financetp.fa.ru/jour/article/view/27banking crisisglobal financial crisismortgage crisiscredit expansioncredit liberalism
spellingShingle Sh. U. Niyazbekova
S. T. Kosmagambetova
GLOBAL BANKING CRISES: CAUSES, FACTORS AND IMPLICATIONS
Финансы: теория и практика
banking crisis
global financial crisis
mortgage crisis
credit expansion
credit liberalism
title GLOBAL BANKING CRISES: CAUSES, FACTORS AND IMPLICATIONS
title_full GLOBAL BANKING CRISES: CAUSES, FACTORS AND IMPLICATIONS
title_fullStr GLOBAL BANKING CRISES: CAUSES, FACTORS AND IMPLICATIONS
title_full_unstemmed GLOBAL BANKING CRISES: CAUSES, FACTORS AND IMPLICATIONS
title_short GLOBAL BANKING CRISES: CAUSES, FACTORS AND IMPLICATIONS
title_sort global banking crises causes factors and implications
topic banking crisis
global financial crisis
mortgage crisis
credit expansion
credit liberalism
url https://financetp.fa.ru/jour/article/view/27
work_keys_str_mv AT shuniyazbekova globalbankingcrisescausesfactorsandimplications
AT stkosmagambetova globalbankingcrisescausesfactorsandimplications