scholarly journals CREDIT AND ECONOMIC REGENERATION AFTER THE FINANCIAL CRISIS IN CESEE

2016 ◽  
Vol 4 ◽  
pp. 154-163
Author(s):  
Bekim Stafai ◽  
Rilind Ademi
Keyword(s):  
Financial Crisis ◽  
Growth Rates ◽  
Economic Activity ◽  
Global Financial Crisis ◽  
The Other ◽  
Bank Credit ◽  
Bank Performance ◽  
Policy Action ◽  
Demand And Supply ◽  
The Global Financial Crisis

The global financial crisis terminated lending growth rates in CESEE countries, and seven years after financial global crisis, bank credit still continues with depression rate.  Demand and supply for bank credit are contracted, as a results of various factors. The paper tries to find the level of credit contraction and factors that may have affected it, as well as policy action which are being taken to improve bank performance. Economic activity on the other hand, despite the depressed credit growth rates seem to show a trend of regeneration. This phenomenon of increasing economic activity without the support of the loan seems is happening in this post-crisis period in CESEE countries, although we must say that it remains undesirable phenomenon.

Laos in 2009: Recession and Southeast Asian Games

Asian Survey ◽  
2010 ◽  
Vol 50 (1) ◽  
pp. 241-246 ◽  
Author(s):  
Kristina Jöönsson
Keyword(s):  
Financial Crisis ◽  
Foreign Investment ◽  
Growth Rates ◽  
Global Financial Crisis ◽  
Southeast Asian ◽  
Hydroelectric Power ◽  
The Global Financial Crisis

Laos in 2009 was colored by the Southeast Asian Games held in December, and by the effects of the global financial crisis. Growth rates declined as foreign investment, primarily in hydroelectric power and infrastructure, was postponed. Simultaneously, efforts were made to strengthen the reputation of the country internationally.

scholarly journals The performance of private companies in China before and during the global financial crisis: firms’ characteristics and entrepreneurs’ attributes

2021 ◽  
Author(s):  
Andrea Fracasso ◽  
Kun Jiang
Keyword(s):  
Financial Crisis ◽  
Growth Rates ◽  
Firm Growth ◽  
Global Financial Crisis ◽  
Subjective Perception ◽  
Private Firms ◽  
Start Up ◽  
Articulated Systems ◽  
The Global Financial Crisis ◽  
High Level

AbstractThis work sheds light on how firm- and entrepreneur-specific attributes covariate with Chinese private firms’ growth rates before and during the global financial crisis. In order to do so, we exploit the exceptional presence of data regarding the firms’ sales over the previous three years in the 2010 China Private Enterprises Survey. Firms run by entrepreneurs with a high level of education and a positive subjective perception of their economic and social status tend to grow more in both periods. The age and the gender of the entrepreneurs, on the contrary, are not associated with different growth performances. As shown in the literature, companies that are smaller, more productive and have higher capital at start-up perform better in both periods. Notably, the relationship between firm growth rates and other relevant factors changes between 2007/2008 and 2008/2009: privatized companies outperform the others before the crisis, whereas joint-stock enterprises and companies with articulated systems of corporate governance do better in the crisis period. These and other novel results contribute to the understanding of the heterogeneous performances of the private firms in China and of the evolution of entrepreneurship during its transition toward a market-oriented economy.

scholarly journals A Panel Data Analysis on Sustainable Economic Growth in India, Brazil, and Romania

2020 ◽  
Vol 13 (8) ◽  
pp. 170 ◽  
Author(s):  
Batrancea Ioan ◽  
Rathnaswamy Malar Kumaran ◽  
Batrancea Larissa ◽  
Nichita Anca ◽  
Gaban Lucian ◽  
...  
Keyword(s):  
Economic Growth ◽  
Data Analysis ◽  
Panel Data ◽  
Financial Crisis ◽  
Co2 Emissions ◽  
Global Financial Crisis ◽  
Panel Data Analysis ◽  
Bank Credit ◽  
The Global Financial Crisis ◽  
Sustainable Economic Growth

The study investigated the impact of factors such as non-performing loans, CO2 emissions, bank credit, and inflation on the variable sustainable economic growth for India, Brazil, and Romania during the period 2005–2017, through a panel data analysis. Specifically, we investigated the timeline before, during, and after economic turmoil, with a special focus on the global financial crisis. Our empirical results are valuable for both developing and developed nations. As a first result, we showed that CO2 emissions increased the level of economic growth, but in this context, authorities should design suitable policies to limit its impact on the overall society. In addition, a single supervision mechanism increased the level of sustainable economic growth. Last but not the least, the period during and after the global financial crisis, sustainable economic growth decreased under the influence of bank credit, inflation, and non-performing loans. Within this framework, public authorities are called to design efficient economic, fiscal, and monetary policies.

scholarly journals Konkurencyjność przedsiębiorstw w dobie globalnego kryzysu finansowego

2010 ◽  
Vol 6 ◽  
pp. 78-91 ◽  
Author(s):  
Radosław Repetowski
Keyword(s):  
Economic Growth ◽  
Financial Crisis ◽  
Market Economy ◽  
Economic Activity ◽  
Global Economy ◽  
Global Financial Crisis ◽  
Stock Index ◽  
Limited Volume ◽  
The Global Financial Crisis ◽  
A Company

Competition is a process that occurs in every aspect of human activity especially when it comes to economic activity within the market economy, which is one of the fundamental forms of social organization of economic activity. Traders are forced to make decisions concerning both the production and resource allocation, which is an inherent factor in competition. One of the preconditions for the process of competition is the scarcity of a resource in relation to the demand for the goods. In the case of a market economy we are dealing with a limited volume of demand for the asset. So competition is one of the features of a market economy. The continuous competition of traders in order to achieve the same goal (profit maximizing), is a necessary factor in the success or failure of a company, industry, region or national economy. The situation becomes even more complicated when companies are forced to act in times of crisis. The crisis should be understood as a worldwide collapse of the economy manifested primarily by a fall of the stock index, decrease of production, rising unemployment, declining economic growth, declining revenues or by the failure of the financial system. The global economy is currently in a deep financial crisis, which is why, in order to survive, companies operating in that environment must have the ability to quickly adapt to the rapidly changing environment. The author of this text presents the essence of competition as an economic phenomenon, the causes of the global financial crisis and possible actions and strategies that may enable companies to compete effectively in the present crisis.

scholarly journals Effectiveness of corporate governance and measurement challenges

2016 ◽  
Vol 14 (1) ◽  
pp. 297-303
Author(s):  
Mridula Sahay
Keyword(s):  
Corporate Governance ◽  
Financial Crisis ◽  
Performance Indicators ◽  
Global Financial Crisis ◽  
Key Performance Indicators ◽  
The Other ◽  
Business World ◽  
The Global Financial Crisis ◽  
Stakeholder Expectation ◽  
Crisis Situations

Growth and profits are key performance indicators for sustainable Corporations. As a result of this, competition between corporations has become intense with everyone trying to outperform the other. In this process there are performers, losers, winning situations and crisis situations. These outcomes are a result of how effectively the corporations/organizations are managed/governed. The Business World in the last few years has witnessed a financial crisis due to several reasons. One of the key reasons for the crisis has been attributed to lack of good and effective Corporate Governance. In light of the Global Financial Crisis that began in 2007, this paper tries to establish the importance of effective corporate governance. The paper has traced these failures stemming from the perspective of corporate governance by looking at different reports. It goes on to define a Corporation from the perspective of the stakeholder expectation, and the importance of Governance, it brings out the systemic gaps against this background. It further goes to identify the factors contributing to effective corporate governance, how it could be measured and the challenges involved in the process. Based on this understanding it proposes an approach which can be used to define a framework to measure the effectiveness for Corporate Governance.

Equities and Exchanges, 2007–20

2020 ◽  
pp. 481-533
Author(s):  
Ranald C. Michie
Keyword(s):  
Financial Crisis ◽  
Technological Change ◽  
Global Financial Crisis ◽  
The Other ◽  
Stock Exchanges ◽  
The World ◽  
Clearing And Settlement ◽  
Data Provision ◽  
The One ◽  
The Global Financial Crisis

Throughout the Global Financial Crisis and its aftermath the world of equities and stock exchanges operated to its own agenda though it was affected by what was happening to banks and financial markets generally. The focus of those involved in equities and exchanges continued to revolve around the disruptive effects of technological change and globalization, and the actions of regulators motivated by a desire to protect investors and stimulate competition. In response stock exchanges increasingly opted for either the horizontal or vertical model or a combination of both. In the horizontal model exchanges merged to create multiproduct platform, which combined trading in equities with that in derivatives and other financial productsn With the vertical model trading in equities was integrated with the processing and clearing of transactions, providing users with a single venue covering the placing of an order through to its completion. Increasingly it was the combination of equities and derivatives on the one hand and trading, clearing, and settlement on the other that proved to be the winning formula, as it also led exchanges into the lucrative field of data provision. This was despite opposition from regulators because the vertical-silo limited competition between individual exchanges.

scholarly journals PERBANDINGAN KINERJA KEUANGAN PERBANKAN NASIONAL SEBELUM, DAN SESUDAH KRISIS KEUANGAN GLOBAL

2013 ◽  
Vol 9 (1) ◽  
Author(s):  
Syamsu Alam
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Bank Performance ◽  
Ratio Analysis ◽  
Paired Samples ◽  
Significant Difference ◽  
Before And After ◽  
One Year ◽  
The One ◽  
The Global Financial Crisis

AbstrackThe  research  aims  to  find  out  the  comparison  of  national  banking  performance  before  and  after  the  globalfinancial crisis and its also to find out whether there is a significant difference betweenthe performance beforeand after the crisis. The analysis of different test which was used was paired samples test.The data used in theresearch were one year data obtained before the crisis (2007), and one year after the crisis (2009). The toolsofanalysis used were probability ratio analysis i.e. ROA, ROE and the liquidity ratio i.e. LDR.This results revealthat there is a significant difference in bank performance before and after the global financial crisis. Besides,the  bank  having  highest  performance  in  2007  is  PT  BTPN. And  in  2009,  the  bank  having  the  highestperformance based on ROA is PT BCA, the one based on ROE is PT BRI, and the one based on LDR is PTBank Permata.Penelitian  ini  bertujuan  untuk  meneliti   perbadingan  kinerja  perbankan  nasional  sebelum  dan  sesudah  krisiskeuangan global juga untuk mengetahui bank yang memiliki kinerja paling tinggi masa sebelum, dan sesudahkrisis keuangan global . Penelitian ini lebih lanjut mengenai ada tidaknya perbedaan yang signifikan pada masasebelum  dengan  sesudah  krisis  keuangan  global.  Analisis  uji  beda  yang  digunakan  adalah  uji  paired  sampeltest.Data  yang  digunakan  dalam  penelitian  ini  adalah  data  satu  tahun  sebelum  krisis  (2007),  dan  satu  tahunsesudah krisis(2009). Adapun alat analisis yang digunakan yaitu analisis rasio profitrabilitas yaitu ROA, ROEdan  rasio  likuiditas  yaitu  LDR.Dari  penelitian  ini  ditemukan  perbedaan  signifikan  kinerja  bank  sebelum  dansesudah  krisis  keuangan  global.  Juga  ditemukan  pada  tahun  2007   bank  yang  memiliki  kinerja  paling  tinggiyaitu PT BTPN. Dan pada tahun 2009 berdasarkan ROA yaitu PT BCA, dilihat dari ROE yaitu PT BRI, danLDR yaitu PT Bank Permata.Kata Kunci: Kinerja keuangan, ROA, ROE, LDR, Perbankan Nasional dan Krisis keuangan global

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