Trends in the development of the world banking system in the context of globalization
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COCIUG, Victoria, POSTOLACHE (DOGOTARI), Victoria. Trends in the development of the world banking system in the context of globalization. In: Competitivitatea şi inovarea în economia cunoaşterii: Culegere de rezumate, Ed. Ediția 26, 23-24 septembrie 2022, Chişinău. Chişinău Republica Moldova: Departamentul Editorial-Poligrafic al ASEM, 2022, Ediţia a 26-a, p. 52. ISBN 978-9975-155-93-9.
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Competitivitatea şi inovarea în economia cunoaşterii
Ediţia a 26-a, 2022
Conferința "Competitivitate şi inovare în economia cunoaşterii"
Ediția 26, Chişinău, Moldova, 23-24 septembrie 2022

Trends in the development of the world banking system in the context of globalization

JEL: E58, G18

Pag. 52-52

Cociug Victoria1, Postolache (Dogotari) Victoria2
 
1 Academy of Economic Studies of Moldova,
2 "Alecu Russo" State University of Balti
 
 
Disponibil în IBN: 30 martie 2023


Rezumat

Due to the high degree of openness of economies, various external shocks have a significant impact on the development of the global banking system in general and on the functioning of national banking systems in particular. In the 21st century, the global crisis of 2007-2009 had the strongest impact on the world banking system, which revealed the problems accumulated in the world monetary and financial system. As a result, a set of decisions was adopted in the field of reforming the global financial system. One of the key areas of reform was the change in international standards of banking regulation and supervision (Basel III).

Cuvinte-cheie
banking regulation and supervision, global banking system, external shocks, financial system