The Invalidity of Foreign Currency Loans in the Hungarian Judicial Practice [PDF]
After the economic crisis, a large part of the Hungarian population could not repay the suddenly increased instalments of their foreign currency loans.
Péter Bálint Király
exaly +4 more sources
On the spillover of exchange rate risk into default risk [PDF]
In order to reduce the exchange-rate risk, banks in emerging markets are typically denominating their loans in foreign currencies. However, in the event of a substantial depreciation of the local currency, the payment ability of a foreign-currency ...
Božović Miloš +2 more
doaj +1 more source
Risk Management of Dollarization in Banking: Case of Post-Soviet Countries [PDF]
Dollarization of bank assets and liabilities is a typical phenomenon with multi-faceted effects. Primarily, this phenomenon raises risks of imbalance in assets and liabilities following a sharp local currency devaluation.
Andrii Kaminskyi, Nataliia Versal
doaj +1 more source
THE FORECASTING OF VOLUMES OF FOREIGN CURRENCY LOANS GRANTED TO INDIVIDUAL ENTREPRENEURS IN POLAND IN THE ASPECTS OF ECONOMIC SECURITY [PDF]
In the article, the author raises the issue of the forecast of volumes of foreign currency loans granted in Poland to individual entrepreneurs on the basis of original data gathered from the National Bank of Poland, in the aspects of economic security ...
Bartosz Kozicki, Paweł Jaśkiewicz
doaj +1 more source
The impact of currency clause and exchange rate on Serbian economy [PDF]
In nineties Serbia survived the disintegration of the former Yugoslavia, intense UN sanctions, and 1999 78 days of bombing by NATO. This has resulted in a drop in production and hyperinflation.
Popov Đorđe
doaj +1 more source
CURRENCY MARKET AND MECHANISMS OF ITS REGULATION IN THE SYSTEM OF ECONOMIC SECURITY OF THE STATE
The aim of the work is to improve the system of indicators to assess the economic security of the state in the foreign exchange market and ways to develop mechanisms of its regulation. Methodology.
Olga Tereshchenko
doaj +1 more source
Sprzężenia zwrotne i ryzyko systemowe kredytów denominowanych w Polsce
On January 15th 2015, when the Swiss National Bank (SNB) suddenly announced that it would no longer hold the Swiss franc at a fixed exchange rate with the euro, there was panic.
Ireneusz Dąbrowski
doaj +1 more source
Determinants of Housing Construction in Ukraine
The work presents an analysis of the housing construction market in Ukraine. An economic and mathematic model was built to determine that the growth of the volume of housing construction in Ukraine had a positive impact on its GDP, due of a close ...
Bochko Оlena +4 more
doaj +1 more source
Financial dollarization: Trojan horse for Ukraine?
The paper revisits the causes and consequences of financial dollarization in Ukraine during the past decade (monthly data). Dollarization in emerging markets plays a dual role: positive and negative.
Nataliia Versal, Andriy Stavytskyy
doaj +1 more source
Multilateral development banks, new developmentalism and local currency financing
Multilateral Development Banks (MDBs) are designed to finance investments that promote global economic and social development. The objective of this paper is to discuss a key component in meeting the demand for investment in developing countries, namely ...
LUIZ CARLOS BRESSER-PEREIRA +1 more
doaj +1 more source

