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Author
Iwanicz-Drozdowska Małgorzata (Szkoła Główna Handlowa w Warszawie), Bongini Paola (University of Milan-Bicocca), Smaga Paweł (Szkoła Główna Handlowa w Warszawie), Witkowski Bartosz (Szkoła Główna Handlowa w Warszawie)
Title
Rola kapitału zagranicznego w sektorze bankowym dla stabilności finansowej i rozwoju gospodarczego krajów postkomunistycznych
The Role of Foreign Capital in the Banking Sector for Financial Stability and Economic Development in Post-Communist Countries
Source
Annales Universitatis Mariae Curie-Skłodowska. Sectio H. Oeconomia, 2017, vol. 51, nr 5, s. 129-137, tab., rys., bibliogr. 27 poz.
Keyword
Kapitał zagraniczny, Rozwój gospodarczy, Kraje postkomunistyczne, Banki, Wyniki badań, Badania empiryczne, Kraje goszczące
Foreign capital, Economic development, Post-communist countries, Banks, Research results, Empirical researches, Host countries
Note
JEL Classification: F36; G21; G32
summ., streszcz.
Abstract
Kapitał zagraniczny odgrywa istotną rolę w sektorach bankowych krajów Europy Środkowej, Wschodniej i Południowej (EŚWP). Globalny kryzys finansowy unaocznił, że kapitał zagraniczny - oprócz pozytywnego wpływu - może stanowić kanał transmisji szoków do krajów goszczących. Badaniem roli kapitału zagranicznego dla stabilności finansowej i rozwoju gospodarczego objęto 20 krajów EŚWP w okresie 1995-2014. Wyniki badań wskazują na neutralną rolę kapitału zagranicznego w sektorze bankowym, chociaż jego negatywny wpływ może występować pośrednio przez agresywną politykę kredytową.(abstrakt oryginalny)

The foreign capital in the banking sector plays an important role in Central, Eastern and South-Eastern European (CESEE) countries. The global financial crisis has shown that apart from the positive impact of foreign-owned banks, they also constitute a transmission channel for shocks to host countries. This study covers 20 CESEE countries over the period 1995-2014 and concentrates on the role of foreign-owned banks for financial stability and economic growth. Our results indicate that their role is neutral, however, a negative impact may be indirect because of their aggressive lending policies.(original abstract)
Accessibility
The Library of University of Economics in Katowice
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Bibliography
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ISSN
0459-9586
Language
pol
URI / DOI
http://dx.doi.org/10.17951/h.2017.51.5.129
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