ANTI-CRISIS REGULATION OF BANKING BUSINESS: CASE OF AZERBAIJAN


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Mürsəlov M.

in: AANTI-CRISIS MANAGEMENT: STATE, REGION, ENTERPRISE: Collective monograph, Juliia Poliakova, Editor, Baltija Publishing, Kaunas, pp.220-241, 2020

  • Nəşrin Növü: Book Chapter / Chapter Other Book
  • Nəşr tarixi: 2020
  • Nəşriyyat: Baltija Publishing
  • Çap olunduğu şəhər: Kaunas
  • Səhifə sayı: pp.220-241
  • Redaktorlar: Juliia Poliakova, Editor
  • Adres: Bəli

Qısa məlumat

The article examines the experience of the Republic of Azerbaijan (RA) in anti-crisis regulation of the banking sector. The author reveals the current state of the banking system of RA. Its development is monitored from three time perspectives – on the eve of the crisis (2005-2007), in the crisis (2008-2009) and post-crisis periods (2010-2020). The characteristics and features of each of them are revealed. The conceptual essence of the definition of “anti-crisis management” is revealed. The factors contributing to the study of anti-crisis management (regulation) of banking activity as an independent field of scientific research, as well as the distinctive features of its methods and tools are highlighted. The article analyzes the impact of anti-crisis regulation on the banking system of RA in the context of the global economic crisis, as well as anti-crisis measures taken by the country’s monetary authorities at various stages of the modern financial collapse. The authors concluded that these measures are inconsistent, and that it is necessary to further improve regulation and supervision in this area, aimed at achieving high financial stability of the banking system, primarily due to an adequate level of capitalization, optimal indicators of financial reserves and liquidity.