Mariana Georgieva
Operators in terms of crisis
Summary:
Financial crises are not a new phenomenon for monetary history. International statistics, however, that their manifestation is more frequent at the beginning of the 80-ies of the 20tn century. Shocks in the financial sector over the past two decades have their own distinctive characteristics. Liberalization and increased integration of financial markets, introducing some new elements in the study of crises and their development begins to differ from the previous development. Consequence of liberalization and international integration of financial services markets in the rapid spread of the crises and its impact in international development.
