Financial Analytics: Science and Experience

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Financial Analytics: Science and Experience

2(44) - 2011 January

World financial crisis: the reasons of occurrence and the overcoming way in bank system of the Russian Federation

Vol. 4, Iss. 2, JANUARY 2011

Available online: 20 January 2011

Subject Heading: Financial crisis

JEL Classification:

Aliev B.H. doctor of sciences in economics, professor, head of chair taxes and currency circulation, Dagestan State University
fef2004@yandex.ru

Gulmagomedova G.A. candidate of economic sciences, associate professor of chair taxes and currency circulation,Dagestan State University
8-988-277-77-50

Alikberova A.M. assistant to chair taxes and currency circulation,Dagestan State University
adiyat_86@mail.ru

In the article are analyzed the reasons for the appearance of world financial crisis, its influence on the banking system with the use of the criteria of the cyclic recurrence of the economy accepted in the world practice, and the possible ways of overcoming the consequences of the bank crisis in Russia also are proposed.

Keywords: crisis, system, cycle, credit, the financial instability

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ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

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