书目名称 | Hungary and Other Emerging EU Countries in the Financial Storm | 副标题 | From Minor Turbulenc | 编辑 | Júlia Király | 视频video | | 概述 | Examines an understudied field in the financial crisis literature: Hungary and Central Eastern Europe.Provides firsthand background on policy decisions.Presents a framework of indicators to predict fu | 丛书名称 | Financial and Monetary Policy Studies | 图书封面 |  | 描述 | .This book analyzes the banking crisis and the events surrounding it in Hungary and other emerging EU member countries in 2007-2013. Written by Júlia Király, a former policymaker, and the Deputy Governor of the Hungarian Central Bank at the time of the crisis, it also offers a firsthand account of the processes in and responses to the financial crisis.. .While there is extensive literature on the crisis, most of it focuses on the US or the Eurozone, sometimes mentioning the “emerging world” in passing. However, Central and Eastern Europe experienced the crisis very differently than other emerging countries. In the pre-crisis years, the region in accession to the EU attracted abundant fresh capital, but the seemingly unconstrained global liquidity fuelled credit bubbles. After the Lehman crisis, capital rapidly fled these countries. In this part of the world, the recession proved to be much worse than elsewhere, with double-digit growth soon turning into a double-digitdecline in GDP. Several countries had to turn to the IMF and the EU for stand-by credit. Based on her own inside experience as a top central banker, the author offers a personal yet professional analysis of the causes | 出版日期 | Book 2020 | 关键词 | Central Banking in crisis; Central and Eastern European finance; Populist temptation; Financial stabili | 版次 | 1 | doi | https://doi.org/10.1007/978-3-030-49544-2 | isbn_softcover | 978-3-030-49546-6 | isbn_ebook | 978-3-030-49544-2Series ISSN 0921-8580 Series E-ISSN 2197-1889 | issn_series | 0921-8580 | copyright | The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerl |
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