CONVERGENCE, SAFETY AND STABILITY OF THE CONTEMPORARY BANKING SYSTEM – SELECTED ISSUES

The study is descriptive-systematizing. Selected issues related to the convergence, security and stability of the modern banking system and financial innovations were made. The phenomenon of convergence and institutional-structural features of the models of the financial system were discussed. It al...

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Main Author: Kinga STĘPIEŃ
Format: Article
Language:English
Published: Publishing House of Rzeszow University of Technology 2019-06-01
Series:Modern Management Review
Subjects:
Online Access:http://doi.prz.edu.pl/pl/pdf/zim/392
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author Kinga STĘPIEŃ
author_facet Kinga STĘPIEŃ
author_sort Kinga STĘPIEŃ
collection DOAJ
description The study is descriptive-systematizing. Selected issues related to the convergence, security and stability of the modern banking system and financial innovations were made. The phenomenon of convergence and institutional-structural features of the models of the financial system were discussed. It also presents the impact of convergence in the financial system on its stability in the theoretical perspective, with particular emphasis on the factors of financial instability in the shot of  H.P. Minski. It seems unlikely to analyze changes in financial systems in a holistic way in terms of their similarity. It is more appropriate to analyze modifications, including similarities and differences in financial systems of different countries through the individual elements of these systems. This particularly applies to financial innovations in the product, process and organizational dimension. It was noticed that the elements of the financial system seem to evolve in such a direction that financial innovations show significant similarities in countries with diverse financial systems.
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spelling doaj.art-7e7a4fbeb55b49e2b523277c6b21f4302022-12-22T00:29:25ZengPublishing House of Rzeszow University of TechnologyModern Management Review2300-63662353-07582019-06-01XXIV210.7862/rz.2019.mmr.14CONVERGENCE, SAFETY AND STABILITY OF THE CONTEMPORARY BANKING SYSTEM – SELECTED ISSUESKinga STĘPIEŃ0PhD, Jarosław Dąbrowski Military Technical Academy in Warsaw, Department of Logistics, Institute of Security and Defense SystemsThe study is descriptive-systematizing. Selected issues related to the convergence, security and stability of the modern banking system and financial innovations were made. The phenomenon of convergence and institutional-structural features of the models of the financial system were discussed. It also presents the impact of convergence in the financial system on its stability in the theoretical perspective, with particular emphasis on the factors of financial instability in the shot of  H.P. Minski. It seems unlikely to analyze changes in financial systems in a holistic way in terms of their similarity. It is more appropriate to analyze modifications, including similarities and differences in financial systems of different countries through the individual elements of these systems. This particularly applies to financial innovations in the product, process and organizational dimension. It was noticed that the elements of the financial system seem to evolve in such a direction that financial innovations show significant similarities in countries with diverse financial systems.http://doi.prz.edu.pl/pl/pdf/zim/392financial system convergence, stability of banking system, safety of banking system, models of banking system, deregulation
spellingShingle Kinga STĘPIEŃ
CONVERGENCE, SAFETY AND STABILITY OF THE CONTEMPORARY BANKING SYSTEM – SELECTED ISSUES
Modern Management Review
financial system convergence, stability of banking system, safety of banking system, models of banking system, deregulation
title CONVERGENCE, SAFETY AND STABILITY OF THE CONTEMPORARY BANKING SYSTEM – SELECTED ISSUES
title_full CONVERGENCE, SAFETY AND STABILITY OF THE CONTEMPORARY BANKING SYSTEM – SELECTED ISSUES
title_fullStr CONVERGENCE, SAFETY AND STABILITY OF THE CONTEMPORARY BANKING SYSTEM – SELECTED ISSUES
title_full_unstemmed CONVERGENCE, SAFETY AND STABILITY OF THE CONTEMPORARY BANKING SYSTEM – SELECTED ISSUES
title_short CONVERGENCE, SAFETY AND STABILITY OF THE CONTEMPORARY BANKING SYSTEM – SELECTED ISSUES
title_sort convergence safety and stability of the contemporary banking system selected issues
topic financial system convergence, stability of banking system, safety of banking system, models of banking system, deregulation
url http://doi.prz.edu.pl/pl/pdf/zim/392
work_keys_str_mv AT kingastepien convergencesafetyandstabilityofthecontemporarybankingsystemselectedissues