The Banking Sector in the Context of Financialisation
The Banking Sector in the Context of Financialisation

Summary/Abstract: The article presents and evaluates changes taking place in the Polish banking sector in the context of financialisation. It consists of three parts, the first of which providesan insight into the special features of a financial system, the second one reviews studies investigating linkages between the financial system and the economy and the issue of financialisation, and the third one provides numbers illustrating the expansion of the Polish banking system in relation to the country’s economic growth measured with its GDP. The analysis has not shown that the banking system and the banking sector have grown to a level where financialisation becomes a problem. Even so, the rate at which the financial system,particularly the banking sector, changes gives rise to concerns about excessive expansion of the banking sector, misallocation of financial capital, and a risk of financial crisis.

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