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2009•RePEc: Research Papers in EconomicsRequires access

The Financial Crisis and the Banking System in Cyprus

Marios Clerides, Constantinos Stephanou

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Abstract

This paper briefly reviews the causes and propagation mechanisms of the global financial crisis, and the types of policy responses that have been undertaken to date in order to mitigate its adverse effects. It subsequently examines the way that it has been transmitted to the Cypriot banking system, and looks at the impact of the crisis on Cypriot banks so far.

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What this paper is about

This paper briefly reviews the causes and propagation mechanisms of the global financial crisis, and the types of policy responses that have been undertaken to date in order to mitigate its adverse effects. It subsequently examines the way that it has been transmitted to the Cypriot banking system, and looks at the impact of the crisis on Cypriot banks so far.

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OpenAlex reports 3 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available abstract

This paper briefly reviews the causes and propagation mechanisms of the global financial crisis, and the types of policy responses that have been undertaken to date in order to mitigate its adverse effects. It subsequently examines the way that it has been transmitted to the Cypriot banking system, and looks at the impact of the crisis on Cypriot banks so far.

Key concepts: Financial crisis, Financial system, Order (exchange), Business, Finance, Economics, Macroeconomics

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