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THE PROBLEM OF THE BANKING SYSTEM STABILITY IN THE LITERATURE

Abstract

The article is an overview of the literature output in the field of banking sector stability. In the literature a plethora of definitions of the term may be encountered. There is no universal definition of the term. Therefore, the article proposes a unique division of the existing explanations into the following groups: stability determined by the quality of the banking sector, stability in terms of its influence on the macroeconomic situation and stability understood as the absence of a crisis. It will be shown that in the literature there does not exist a universal definition which would explain stability of the banking system. Due to the special nature of the financial market, it affects other parts of the economy. In light of the foregoing considerations, it may be concluded that stability of the banking system depends on both the banks themselves, as well as on institutions external in relation to banks.

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Category:
Articles
Type:
artykuły w czasopismach recenzowanych i innych wydawnictwach ciągłych
Published in:
INTERCATHEDRA pages 57 - 64,
ISSN: 1640-3622
Language:
Polish
Publication year:
2015
Bibliographic description:
Kubiszewska K.: THE PROBLEM OF THE BANKING SYSTEM STABILITY IN THE LITERATURE// INTERCATHEDRA. -., nr. 31/3 (2015), s.57-64
Verified by:
Gdańsk University of Technology

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