In the section Surveys
Title of the article Some Tendencies in the World Financial System in 2016
Pages 125-136
Author 1 Mikhail Vladimirovich Yershov
Doctor of Economics, Executive Director on financial research
Institute of Power and Finance
6, p. 1, Arkhangelskiy Lane, Moscow, Russia, 101000
Professor
Financial University under the Government of the Russian Federation
49 Leningradskiy Avenue, Moscow, Russia, 125993 (GSP-3)
This email address is being protected from spambots. You need JavaScript enabled to view it.
Author 2 Anna Stanislavovna Tanasova
PhD in Economics, Deputy Head of Department of the financial analysis, Sector Head
Institute of Power and Finance
6, p. 1, Arkhangelskiy Lane, Moscow, Russia, 101000
This email address is being protected from spambots. You need JavaScript enabled to view it.
Author 3 Victor Yuryevich Tatuzov
PhD in Economics, Doctor of Economics (PhD) of Sorbonne, Senior Analyst
Institute of Power and Finance
6, p. 1, Arkhangelskiy Lane, Moscow, Russia, 101000
This email address is being protected from spambots. You need JavaScript enabled to view it.
Abstract The authors review problems of the global financial system in 2016. It is shown that the situation in the world financial sphere by the end of 2016 became a little less disturbing in comparison with the beginning of the year, which started with a collapse of the stock market in China that caused falling of the world stock market and generated some forecasts about the global financial crisis in the near future. The researchers note that so far it is impossible to speak with confidence about changes in the trend: first, many countries are predicted to have rather low GDP growth rates and, second, high volatility in the world commodities, equities, and foreign exchange markets remains. The structure of the paper is as follows: financial imbalances at the beginning of 2016; decrease in sharpness of a number of problems for the last months of 2016; and the situation in the European banking sector.
Code 339.72
DOI 10.14530/se.2017.1.125-136
Keywords world financial system ♦ tendencies ♦ share indexes ♦ stock market ♦ crisis.
Download SE.2017.1.125-136.Yershov.pdf
For citation Yershov M.V., Tanasova A.S., Tatuzov V.Yu. Some Tendencies in the World Financial System in 2016. Prostranstvennaya Ekonomika = Spatial Economics, 2017, no. 1, pp. 125-136. DOI: 10.14530/se.2017.1.125-136 (In Russian).
References 1. The Cabinet of Ministers of Italy Approved the Rescue of Monte dei Paschi. Invest Future, 2016, 23 Dcember. Available at: https://investfuture.ru/news/id/94732 (accessed February 2017). (In Russian).
2. Bloomberg. Available at: https://www.bloomberg.com/europe (accessed January 2017).
3. Deutsche Bank. Available at: https://www.db.com/company/index.htm (accessed January 2017).
4. Dow Average Falls 300 Points in China-Fueled Global Equity Rout. Bloomberg. Available at: https://www.bloomberg.com/news/articles/2016-01-07/u-s-index-futures-tumble-as-china-stocks-halted-after-7-rout (accessed February 2017).
5. European Central Bank. Available at: https://www.ecb.europa.eu/home/html/index.en.html (accessed January 2017).
6. Board of Governors of the Federal Reserve System FRS. Available at: https://www.federalreserve.gov/ (accessed January 2017).
7. ZeroHedge.com. ABC Media, LTD. Available at: http://www.zerohedge.com/ (accessed January 2017).
Financing  
Date  

ISSN (Print) 1815-9834
ISSN (Online) 2587-5957

Minakir Pavel Aleksandrovich,
Editor-in-Chief
Tel.: +7 (4212) 725-225,
Fax: +7 (4212) 225-916,
 
Samokhina Lyudmila, Executive Editor
Tel.: +7 (4212) 226-053
Fax: +7 (4212) 225-916,
 
Editors
Tel.: +7 (4212) 226-053,
Fax: +7 (4212) 225-916,
 
To Editorial Staff of “Spatial Economics”
Economic Research Institute FEB RAS
153 Tikhookeanskaya St., Khabarovsk, RUSSIA, 680042

 

 

Creative Commons License
Unless otherwise noted, content on this site is licensed under a Creative Commons Attribution 4.0 International License