Systemic and Borderline Banking Crises

Irakli Kovzanadze is an economics professor who possesses more than twenty years of professional experience in the banking institutions of Georgia, other post-Soviet countries, and Europe. While presenting a summary of both the theoretical and practical approaches, addressing the causes and progression, and providing ways to forecast and prevent future banking crises, Dr. Kovzanadze delves into a series of related topics including:

• Types and forms of manifestation
• Role of monetary and credit policies in averting and overcoming a crisis
• Systemic banking crises in other countries and transitional economies
• Function of regulations and how they can create a sustainable banking system
• Principles of establishing a deposit insurance system in Georgia

This study relies on research material reflective of the experiences of different countries and regions of the world to provide not only an in-depth look at Georgia's current banking challenges, but also the ways to prevent a future crisis.