Triki, Mohamed Bilel; Maktouf, Samir - In: Journal of applied finance & banking 2 (2012) 3, pp. 81-122
suggest that financial liberalization has the tendency to stimulate role in the transmission of the 1996 to 2002 crisis to … emerging market economies and also to American and European countries in 2007 crisis. However, credit growth, a negative GDP … growth and a high real interest rate are on average the most important causes of a banking crisis. Besides we find that the …