Systemic and Borderline Banking Crises

About the Book

In Systemic and Borderline Banking Crises, a well-respected doctor of economic sciences shares his comprehensive analysis of the genesis and growth of the systemic banking crisis in many countries, providing a useful resource for students, lecturers, and bankers who wish to broaden their study of economics.

Irakli Kovzanadze is an economics professor who possesses more than twenty years of professional experience in the banking institutions of Georgia, other post-Soviet countries, and Europe. While presenting a summary of both the theoretical and practical approaches, addressing the causes and progression, and providing ways to forecast and prevent future banking crises, Dr. Kovzanadze delves into a series of related topics including:

• Types and forms of manifestation
• • Role of monetary and credit policies in averting and overcoming a crisis
• • Systemic banking crises in other countries and transitional economies
• • Function of regulations and how they can create a sustainable banking system
• • Principles of establishing a deposit insurance system in Georgia

This study relies on research material reflective of the experiences of different countries and regions of the world to provide not only an in-depth look at Georgia’s current banking challenges, but also the ways to prevent a future crisis.

About the Author

Professor Irakli Kovzanadze has published four books and more than 50 articles in economics, including problems of the genesis, development and manifestation of systemic banking crises, their forecasting and prevention. As an MP he served as a Chairman of Finance and Budget-Committee of the Parliament of Georgia (2004-2008) and as a Chairman of the Task Force of EBRD/OECD on corporate governance of banks in Eurasia (2007- 2009). Prof. Kovzanadze has more than 20 years of experience of working as CEO in the banking system of Georgia, sitting on the boards of the leading banks in post-Soviet countries and Europe and is one of the pioneers of the challenging reform process of financial sector of emerging countries.