Title Finansų krizių valdymas: Švedijos bankų krizės valdymo patirtis /
Translation of Title Management of financial crisis: Swedishen's banking crisis management experience.
Another Title Management of financial criseis: Swedishen’s banking crisis management experience.
Authors Lakštutienė, Aušrinė ; Krušinskas, Rytis
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Is Part of Ekonomika ir vadyba: aktualijos ir perspektyvos : mokslo straipsnių rinkinys / Šiaulių universitetas.. Šiauliai : Šiaulių universiteto leidykla. 2012, nr. 1 (25), p. 37-45.. ISSN 1648-9098
Keywords [eng] Financial crisis ; Banking crisis management strategy ; Banking sector
Abstract [eng] Under conditions of open economy the Stability of the banking system of states operating under conditions of open economy them, including Lithuania, mostly depends on the condition of world economy and the state of fi­nancial markets. Therefore financial crises and their effect on the economies of countries and, stability of the fi­nancial sector are analyzed by scientists in different countries.... In scientific researches analyzing on banking crises the crisis of the banking system in Sweden in the beginning of 1991 was at the time then an extraordinary phenomenon, as over time the Swedish banking system was considered stable and able to handle any crisis, and this forced the government of the country to undertake large scale operations to rescue the financial system of the country. The analysis of the reasons of the Swedish bank crisis reveals that bank regulation procedures and regulations rules to be used during a crisis have to be legalized. It is too risky to rely on quick decisions and measures adopted taken during a crisis and quick instruments as was the case in 1991 during the crisis in Sweden. Moreover, it is necessary to find Methods to reduce the tension between the bank creditors and its owners have to be found and help them find common solutions. The fact that the measures used to tackle the bank crisis in Sweden were effective and that the crisis management of crisis is presented as exemplary in scientific literature shows that during this crisis suitable... [to full text].
Published Šiauliai : Šiaulių universiteto leidykla
Type Journal article
Language Lithuanian
Publication date 2012