The Properties of the shadow banking in Turkey Cover Image

The Properties of the shadow banking in Turkey
The Properties of the shadow banking in Turkey

Author(s): Zafer Adalı
Subject(s): Economy, Financial Markets
Published by: Ahmet Arif Eren
Keywords: shadow banking;state capitalism; informal finance

Summary/Abstract: The aim of this study is to define the properties of the shadow banking system in China. The shadow banking system has been paid attention since the subprime crisis because the spread of this finance form over the all around world was one of the most significant causes of the subprime crisis. The shadow banking is nourished from the Chinese state capitalism which is designed to allocate loans to important industries so SME are dependent on the shadow banking. Since excessively increase in leverage through financial engineering and purpose-made state capitalism create irresistible burden on financial market, the shadow banking system is by far the important factors in order to build stable financial market. While considering these issues, it was understood that the shadow banking system is significant issue in order to build strong financial efficiency and stability.

  • Issue Year: 1/2017
  • Issue No: 1
  • Page Range: 46-57
  • Page Count: 12
  • Language: English
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