Open AccessThe financial crisis and securitization
Author(s) -
Ewa Szabłowska
Publication year - 2020
Publication title -
journal of education, culture and society
Language(s) - English
Resource type - Journals
ISSN - 2081-1640
DOI - 10.15503/jecs20101.37.48
Subject(s) - securitization , financial system , subprime mortgage crisis , financial crisis , subprime crisis , business , financial market , structured finance , finance , economics , macroeconomics
Securitization means the change of non-liquid assets into securities. This topic has become more popular, mainly due to the U.S. subprime mortgage crisis. In this article, an analysis is given of the current situation in financial markets and the changes, which were implemented from the first days of subprime crisis. Also mentioned is the impact the crisis has had on securitization development. Part of the article is devoted to the situation on the Polish financial market. It is quite a new market and it is susceptible to such crises. The Article presents the part played by securitization in the Polish financial market and the circumstances for its growth in the near future. It also covers the latest information related to financial market regulations, which could have direct or indirect impact on the quantity and value of securitization transactions.