Artikel

Financial market crisis and financial market channel

Before a new financial architecture can be established in the wake of the financial crisis, the increasing importance of the global financial market channel must be fully understood. This importance was illustrated by the unexpectedly strong dampening effects of the financial crisis on the real economy and by the worldwide contagion of the crisis, including its spreading to emerging market economies that were macroeconomically stable. This article argues that the financial sphere is gaining in importance over the real sphere and that the impact of global financial determinants on economic activity is growing ever stronger. The keys to dealing with this change are greater transparency, stronger incentive structures and a stronger regulatory and supervisory framework.

Sprache
Englisch

Erschienen in
Journal: Intereconomics ; ISSN: 1613-964X ; Volume: 45 ; Year: 2010 ; Issue: 2 ; Pages: 96-105 ; Heidelberg: Springer

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Braasch, Bernd
Ereignis
Veröffentlichung
(wer)
Springer
(wo)
Heidelberg
(wann)
2010

DOI
doi:10.1007/s10272-010-0327-6
Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Braasch, Bernd
  • Springer

Entstanden

  • 2010

Ähnliche Objekte (12)