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The Financial Crisis and the Banking System in Cyprus

Author

Listed:
  • Marios Clerides

    (Hellenic Bank)

  • Constantinos Stephanou

    (World Bank)

Abstract

This paper briefly reviews the causes and propagation mechanisms of the global financial crisis, and the types of policy responses that have been undertaken to date in order to mitigate its adverse effects. It subsequently examines the way that it has been transmitted to the Cypriot banking system, and looks at the impact of the crisis on Cypriot banks so far.

Suggested Citation

  • Marios Clerides & Constantinos Stephanou, 2009. "The Financial Crisis and the Banking System in Cyprus," Cyprus Economic Policy Review, University of Cyprus, Economics Research Centre, vol. 3(1), pages 27-50, June.
    • Handle: RePEc:erc:cypepr:v:3:y:2009:i:1:p:27-50
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    File URL: https://www.ucy.ac.cy/erc/documents/FullTextCleridesStephanou.pdf
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    Cited by:

    1. Oyvat, Cem, 2020. "The role of global finance in the provisioning of social infrastructure and the welfare state," Greenwich Papers in Political Economy 26750, University of Greenwich, Greenwich Political Economy Research Centre.

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