Open AccessBANKING SECTOR MODERNIZATION(SPANISH RECIPE)
Author(s) -
Timofey Malashenko
Publication year - 2017
Publication title -
iberoamerikanskie tetradi
Language(s) - English
Resource type - Journals
eISSN - 2658-5219
pISSN - 2409-3416
DOI - 10.46272/2409-3416-2017-1-47-54
Subject(s) - modernization theory , business , recipe , financial crisis , economy , retail banking , financial system , national economy , economic policy , economics , economic system , economic growth , geography , macroeconomics , archaeology
The aim of the research is to analyze transformation of the Spanish banking sector after the nancial crisis of the year 2008. The author examines a hypothesis that banking system played an important role in the development of Spain’s economy. Spain’s banking sector was substantially transformed during the economic crisis, and now serves as a prerequisite for development of Spain’s national economy during post crisis period