The impact of global economic policy uncertainty on bank stability

• Autorzy: Chau Nguyen Thi Minh , Oanh Dao Le Kieu

Identyfikatory

DOI

10.17512/pjms.2023.27.1.03

Warianty tytułu

PL

Wpływ niepewności globalnej polityki gospodarczej na stabilność banków

• Języki publikacji: EN

Abstrakty

EN

This paper aims to determine the effect of global economic policy uncertainty on the banking system's stability in Asian countries. The dependent variable in the study is measured through the bank's payment risk Zscore. The primary explanatory factor is global economic policy uncertainty, and other control variables include the banking system's characteristics and the national economic environment. Asian banking systems’ data are collected from World Bank between 2008 and 2020. Based on the System Generalized Method of Moments, the main results indicate that global economic policy uncertainty is seriously exacerbating the instability of the banking system of Asian countries. The study also shows that the ability to use mobilized capital and the degree of concentration of the system reduces the adverse impact of global economic policy uncertainty on the stability of the banking system in Asian countries.

PL

Celem niniejszego artykułu jest określenie wpływu niepewności globalnej polityki gospodarczej na stabilność systemu bankowego w krajach azjatyckich. Zmienna zależna w badaniu jest mierzona za pomocą wskaźnika Zscore ryzyka płatniczego banku. Głównym czynnikiem objaśniającym jest niepewność globalnej polityki gospodarczej, a inne zmienne kontrolne obejmują charakterystykę systemu bankowego i krajowe środowisko gospodarcze. Dane dotyczące azjatyckich systemów bankowych pochodzą z Banku Światowego w latach 2008-2020. W oparciu o system uogólnionej metody momentów, główne wyniki wskazują, że niepewność globalnej polityki gospodarczej poważnie pogarsza niestabilność systemu bankowego krajów azjatyckich. Badanie pokazuje również, że zdolność do wykorzystania zmobilizowanego kapitału i stopień koncentracji systemu zmniejsza niekorzystny wpływ niepewności globalnej polityki gospodarczej na stabilność systemu bankowego w krajach azjatyckich.

Słowa kluczowe

EN

uncertainty; economic policy; banking system; stability; Asia

PL

niepewność; polityka gospodarcza; system bankowy; stabilność; Azja

• Wydawca: Czestochowa University of Technology
• Czasopismo: Polish Journal of Management Studies
• Rocznik: 2023
• Tom: Vol. 27, No. 1
• Strony: 46--61
• Opis fizyczny: Bibliogr. 44 poz., tab.

Twórcy

autor

Chau Nguyen Thi Minh

• Faculty of Banking, Hochiminh University of Banking, Vietnam

• https://orcid.org/0000-0002-1348-3473

autor

Oanh Dao Le Kieu

• Faculty of Banking, Hochiminh University of Banking, Vietnam

• https://orcid.org/0000-0003-4858-9099

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Uwagi

Opracowanie rekordu ze środków MEiN, umowa nr SONP/SP/546092/2022 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2022-2023).