Comparative
analysis of the development of the banking and credit sector in the EU
countries using the taxonomic methods Cover Image

Analiza porównawcza rozwoju sektora bankowo-kredytowego w krajach UE z wykorzystaniem metod taksonomicznych
Comparative analysis of the development of the banking and credit sector in the EU countries using the taxonomic methods

Author(s): Tomasz Pisula
Subject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: banking and credit sector; cluster analysis; spectral clustering; generalized distance measure GDM; ranking

Summary/Abstract: Banking and credit sector in a situation of emerging turbulence and financial crises is particularly sensitive to the risk of numerous adverse events. This article aims to answer the key questions about the degree of similarity in the development of banking and credit sector in Poland compared to other European Union countries and to examine which countries in the EU are characterized by the highest level of their development. With the use of taxonomic methods there have been distinguished the clusters of countries which are similar in terms of the level of development of the banking and credit sector and the changes in the structure of clusters of similar countries that followed the financial crisis (2014) as compared to pre-crisis (2008) have been analysed. The ranking of the EU countries on grounds of the level of development of the banking and credit sector in both comparable periods has been determined.

  • Issue Year: 2017
  • Issue No: 469
  • Page Range: 140-148
  • Page Count: 9
  • Language: Polish