Economic crisis and banking crisis

Abstract

This research first presents a typology of various financial crises - the currency crisis, the debt crisis, the balance of payments crisis, and the banking crisis - and sets out criteria for measuring them. It then provides a specific definition of the banking crisis, and it examines the plurality and frequency of occurrence of bank crises at different times and in different countries. In the following, the coincidence and sequence of the banking crisis with other forms of financial crisis have been analyzed statistically. Then, the consequences of the banking crisis are estimated and estimates of the cost of the banking crisis in the countries that have suffered.