Title: - The Euro zone Financial Crisis: Role of interdependencies between Bank and Sovereign Risk
Journal: - Journal of Financial Economic Policy Source: - Emerald
Published: - 2012
Author(s):- James R. Barth, Apanard Penny Prabhavivadhana, Greg Yun
The research paper I have chosen to describe and critically review is heavily based upon the Euro, and the financial crisis it has experienced of late. The title of my research paper is “The Euro Zone Financial Crisis: Role of interdependencies between Bank and Sovereign Risk” Written by James R. Barth of Auburn University et al. The purpose of this paper is to discuss and then analyze the interdependency between bank and sovereign risk, before, during and after the financial crisis.
I decided to choose this particular research paper because the topic of The Euro zone financial crisis interests and appeals to me greatly! This is because this financial crisis doesn’t just affect the countries within the Euro zone but is in fact affecting us all, for example Interests rates within many of the UK’s banks is low in an attempt to increase consumer spending and reduce the amount people are saving with the idea of increased spending resulting in GDP increasing along with employment with the long term goal of recovery from the crisis as a result.
This interest for the Euro zone financial crisis became apparent after being set the task of researching and giving a presentation on the causes and impacts of the financial crisis within my previous semester’s module “European Business in a global context.” I also got the chance to extend this interest by writing an assignment on, “Identifying and discussing the EU’s response to the current crisis in the Euro zone.” This broadened my knowledge and increased my interest for the crisis further, thus I chose this 2012 research paper accessed on Emerald. Within this Research paper 44 large
References: James R. Barth, Apanard Penny Prabhavivadhana, Greg Yun (2012) The Euro zone Financial Crisis: Role of interdependencies between Bank and Sovereign Risk (Journal of Financial Economic Policy) Emerald