Arbeitspapier

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.

Language
Englisch

Bibliographic citation
Series: Düsseldorf Working Papers in Applied Management and Economics ; No. 8

Classification
Management
Subject
bank
banking crisis
financial crisis
economic policy
Germany
Bank
Bankenkrise
Finanzmarktkrise
Wirtschaftspolitik
Deutschland
Bank
Bankenkrise
Finanzmarktkrise
Wirtschaftspolitik
Deutschland

Event
Geistige Schöpfung
(who)
Bleuel, Hans-H.
Event
Veröffentlichung
(who)
Fachhochschule Düsseldorf, Fachbereich Wirtschaft
(where)
Düsseldorf
(when)
2009

Handle
URN
urn:nbn:de:hbz:due62-opus-5116
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Bleuel, Hans-H.
  • Fachhochschule Düsseldorf, Fachbereich Wirtschaft

Time of origin

  • 2009

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