COMPARATIVE ANALYSIS OF THE BANKİNG SYSTEM LIBERALITY LEVEL

Year 2023, Volume: 21 Issue: 1, 172 - 186, 31.03.2023

Orhan Sultanov

https://doi.org/10.11611/yead.1225807

Abstract

The main goal of this research is to create an economic model, more specifically an index that considers characteristics of the latest prudential innovations and changes and allows scholars and practitioners to assess the level of government intervention in the commercial banking system at the global level. Regulatory instruments that allow central banks to intervene to the monetary system and fully or partially determined by the central banks are taken as the object of the study. The subject of the research involves the assessment of government intervention or regulatory intervention in the commercial banking system. An entirely new methodology and results of comparative analysis presented so that academicians and policymakers may use or comment on further study.

Keywords

Liberalism, dirigisme, government intervention, central banks intervention, economic freedom, banking regulation, commercial banking regulation.

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