The notion and essence of financial stability.
Financial crises vs. financial stability - H. Minky's financial instability hypothesis.
Crises' taxonomy - economic crises, financial crises, currency crises, banking crises, stock-exchange crises, debt crises.
Theoretical models of financial and banking crises (monetarist approach, F. Mishkin's model, Kindleberger-Minsky model, Demirgüç-Kunt and Detragiache's approach).
Models of currency crises (first, second and third generation models).
Modern currency crises and their heterogeneosity - systemic approach.
Interaction between currency and banking crises.
Contagion effect in the modern economy.
History of financial crises in selected countries: causes, process, effects (crises in South-East Asia).
History of financial crises in selected countries: causes, process, effects (Central and Eastern Europe, Baltic states, Russia).
Global financial subprime crisis (from July 2007).
Restructuring methods used for crisis resolution.
Intervention of government vs. private investors. Moral hazard.
Financial stability supporting activities on national and supranational level. New financial architecture.
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