Shevchenko V. PhD in Economics, Associate Professor Taras Shevchenko National University of Kyiv, Kyiv RISKS AND CONTRADICTORY OF INTERNATIONAL CAPITAL FLOWS IN BANKING

The content of the international capital flows are studied, its contradictor influence on global and national processes. Some theoretical approaches on contradictory impact of capital flows. The major risks of international capital flows in banking sector are determined including financial, currency, assets value decrease, credit rating etc. The capital flows reversal flows are explained. The modern changes of international capital flows to banking sector of Ukraine are discovered.

Keywords: international capital flows, foreign-owned banks, capital flows in banking sector, capital flows risks, capital flows consequences.

DOI: http://dx.doi.org/10.17721/1728-2667.2014/156-3/5

References
  1. Lucas R., 1990. Why doesn’t capital flow from rich to poor countries ? American Economic Review, vol.80, p.92-96.
  2. Obstfeld, M., 1998. The Global Capital Market: Benefactor or Menace? Journal of Economic Perspectives, Vol. 12, Number 4, p.9-30.
  3. Obstfeld, M., Shambaugh, J., Taylor. A. Financial Stability, the Trilemma and International Reserves. NBER Working paper 14217.
  4. Osnovni pokaznyky diyal’nosti bankiv Ukrayiny. Natsional’nyy bank Ukrayiny, lyutyy 2014 r. [Elektronnyy resurs] // Natsional’nyy bank Ukrayiny: Available through: http://www.bank.gov.ua/doccatalog/document?id=66374 – Nazva z ekrana.
  5. Calvo G., 2006. Monetary policy Challenges to Emerging Economies: Sudden Stop, Liability Dollarization and lender of Last Resort. NBER Working paper 12788.
  6. Calvo G., 2009. Financial Crises and Liquidity Shocks; a Bank-run Perspective. NBER Working paper 15425, 2009.
  7. Bazylevych, V. D., Bazylevych, K.S., Balastryk, L. O., 2008. Makroekonomika: pidruchnyk Kiev: Znannya, 743 p.
  8. Pikus R.V., 2010. Upravlinnya finansovymy ryzykamy: navch.posibnyk. Kiev: “Znannya”, 598 p.
  9. Platizhnyy balans i zovnishniy borh Ukrayiny. 2012 rik. Natsional’nyy bank Ukrayiny: Available through: http://www.bank.gov.ua/doccatalog/document?id=66374.
  10. Osnovni pokaznyky diyal’nosti bankiv Ukrayiny. Natsional’nyy bank Ukrayiny, lyutyy 2014 r. Natsional’nyy bank Ukrayiny: Available through: http://www.bank.gov.ua/doccatalog/document?id=66374 – Nazva z ekrana.
  11. Borio C., 2008. The financial turnmoil of 2007-?: a preliminary assessment and some policy considerations. BIS Working Papers, No 251, Basel, Bank for International Settlements, 54 p.
  12. Bluedorn J., Dattagupta R., Guajardo J., Topalova P., 2013. Capital Flows are Fickle: Anytime, Anywhere. IMF Working Papers WP/13/183 – Washington, International Monetary Fund, 36 p.
  13. Capital flows and emerging market economies. (2009) – CGSF papers No 33, Bank for International Settlements, Basel.
  14. Dunning J., 1993. Multinational Enterprise and the Global Economy. Washington, 340 p.
  15. IMF Global Financial Stability Report. (2011) Washington, International Monetary Fund www.imf.org 16. Laeven L., Valencia E., 2008. Systemic banking Crisis: A New Database. IMF Working Papers WP/08/224. Washington, International Monetary Fund, 61 p.
  16. Prasad E.,Rajan R., Subramanian A., 2006. Foreign Capital and Economic Growth. Washington, International Monetary Fund, 54 p.

Download