Financial crises are inevitable in economic processes, yet their causes and impacts vary widely. This textbook offers a comprehensive exploration of financial crises, focusing on both theoretical foundations and practical case studies. It explains the nature, causes, and consequences of financial crises, financial shocks, and the role of financial regulators in crisis management.
Each chapter includes a dedicated theoretical section explaining key concepts with literature review support, ensuring that complex topics such as financial stability, systemic risk, and macroprudential policy are well-contextualized and integrated throughout the book. Real-world applications include analyses of the 2008 Global Financial Crisis, Ukraine's financial crises, and the COVID-19 pandemic.
This textbook is an essential resource for graduate students, scholars, professionals in finance, and policymakers. It bridges academic research and policy-making and offers actionable solutions for financial instability in emerging and transition economies.
Financial crises are inevitable in economic processes, yet their causes and impacts vary widely. This textbook offers a comprehensive exploration of financial crises, focusing on both theoretical foundations and practical case studies. It explains the nature, causes, and consequences of financial crises, financial shocks, and the role of financial regulators in crisis management.
Each chapter includes a dedicated theoretical section explaining key concepts with literature review support, ensuring that complex topics such as financial stability, systemic risk, and macroprudential policy are well-contextualized and integrated throughout the book. Real-world applications include analyses of the 2008 Global Financial Crisis, Ukraine's financial crises, and the COVID-19 pandemic.
This textbook is an essential resource for graduate students, scholars, professionals in finance, and policymakers. It bridges academic research and policy-making and offers actionable solutions for financial instability in emerging and transition economies.
Nataliia Versal
Financial crises Systemic risk Macroprudential policy Economic processes Financial shocks Crisis management 2008 Global Financial Crisis Ukraine COVID-19 Pandemic Emerging economies Transition economies Financial regulators War Global financial instability Post-crisis recovery