scholarly journals European Banking Network in Light of the Single Supervisory Mechanism from the Network Analysis Perspective

2015 ◽  
Vol 6 (1) ◽  
pp. 35-57 ◽  
Author(s):  
Mária Širaňová
Keyword(s):  
Network Analysis ◽  
Financial Stability ◽  
Geographic Distance ◽  
Topological Properties ◽  
Economic Space ◽  
Single Supervisory Mechanism ◽  
Cross Border ◽  
European Banking ◽  
Positive Step ◽  
Over Time

In this paper we discuss the topological properties of the European banking network and its evolution over time based on the BIS consolidated banking statistics data exploiting information from complex network analysis. Our conclusions are discussed in light of the soon-to-be-launched Single Supervisory Mechanism that takes into account, among other things, the significance of cross-border activity as a precondition for specifying the systemically important European credit institutions. According to our results, the banking network of the EU13 economic space can be characterized as highly asymmetric with a tendency to create clusters based on geographic distance and cultural and social similarities. Additionally, the highly exposed countries are usually dependent on a small number of major creditors while creditor countries tend to spread their power over dependent countries more equally. We advocate that the presence of heterogeneity and asymmetry in the network and a decrease in the level of foreign banking across Europe could be mitigated by the introduction of SSM, and from this perspective it should be viewed as a positive step towards greater financial stability.

scholarly journals Banks’ Foreign Claims in the Aftermath of the 2008 Crisis: Institutional Response, Financial Efficiency, and Integration of Cross-Border Banking in the Euro Area

2021 ◽  
Vol 14 (2) ◽  
pp. 61
Author(s):  
Thierry Warin ◽  
Aleksandar Stojkov
Keyword(s):  
Euro Area ◽  
Financial Stability ◽  
Market Integration ◽  
Primary Objective ◽  
Institutional Response ◽  
Capital Market Integration ◽  
Cross Border ◽  
European Banking ◽  
Business Networking ◽  
Recent Financial Crisis

Beyond financial stability as the European Banking Union’s primary objective, the European capital market integration provides an impetus for deepening bank integration and greater financial market efficiency. This article proposes an empirical framework to assess the dynamics of euro area banks’ business networking. We use banks’ foreign claims across Europe, particularly the euro area, to see how banks react to various macroeconomic signals. Banks’ foreign claims are particularly interesting due to their sensitivity. One of the main conclusions is that the euro area has seen a reallocation of capital in the aftermath of the 2008 crisis. The financial picture of Europe is different after the recent financial crisis. Although we observe a re-concentration of capital from the periphery to the core countries, we also observe some signs of recovered confidence within the European banking framework for macro-prudential reasons.

Developing a sustainable Digital Health Innovation Ecosystem in a rural and resource-poor region: A monitored networking approach (Preprint)

2020 ◽  
Author(s):  
Arunangsu Chatterjee ◽  
Sebastian Stevens ◽  
Sheena Asthana ◽  
Ray B Jones
Keyword(s):  
Social Network ◽  
Network Analysis ◽  
Data Collection ◽  
Digital Health ◽  
Resource Poor Setting ◽  
Quadruple Helix ◽  
Innovation Ecosystem ◽  
Resource Poor ◽  
Quadruple Helix Model ◽  
Over Time

BACKGROUND Digital health (DH) innovation ecosystems (IE) are key to the development of new e-health products and services. Within an IE, third parties can help promote innovation by acting as knowledge brokers and the conduits for developing inter-organisational and interpersonal relations, particularly for smaller organisations. Kolehmainen’s quadruple helix model suggests who the critical IE actors are, and their roles. Within an affluent and largely urban setting, such ecosystems evolve and thrive organically with minimal intervention due to favourable economic and geographical conditions. Facilitating and sustaining a thriving DH IE within a resource-poor setting can be far more challenging even though far more important for such peripheral economics and the health and well-being of those communities. OBJECTIVE Taking a rural and remote region in the UK, as an instance of an IE in a peripheral economy, we adapt the quadruple helix model of innovation, apply a monitored social networking approach using McKinsey’s Three Horizons of growth to explore: • What patterns of connectivity between stakeholders develop within an emerging digital health IE? • How do networks develop over time in the DH IE? • In what ways could such networks be nurtured in order to build the capacity, capability and sustainability of the DH IE? METHODS Using an exploratory single case study design for a developing digital health IE, this study adopts a longitudinal social network analysis approach, enabling the authors to observe the development of the innovation ecosystem over time and evaluate the impact of targeted networking interventions on connectivity between stakeholders. Data collection was by an online survey and by a novel method, connection cards. RESULTS Self-reported connections between IE organisations increased between the two waves of data collection, with Small and Medium-sized Enterprises (SMEs) and academic institutions the most connected stakeholder groups. Patients involvement improved over time but still remains rather peripheral to the DH IE network. Connection cards as a monitoring tool worked really well during large events but required significant administrative overheads. Monitored networking information categorised using McKinsey’s Three Horizons proved to be an effective way to organise networking interventions ensuring sustained engagement. CONCLUSIONS The study reinforces the difficulty of developing and sustaining a DH IE in a resource-poor setting. It demonstrates the effective monitored networking approach supported by Social Network Analysis allows to map the networks and provide valuable information to plan future networking interventions (e.g. involving patients or service users). McKinsey’s Three Horizons of growth-based categorisation of the networking assets help ensure continued engagement in the DH IE contributing towards its long-term sustainability. Collecting ongoing data using survey or connection card method will become more labour intensive and ubiquitous ethically driven data collection methods can be used in future to make the process more agile and responsive.

scholarly journals Non-random associations in group housed rats (Rattus norvegicus)

2021 ◽  
Vol 11 (1) ◽  
Author(s):  
Leanne Proops ◽  
Camille A. Troisi ◽  
Tanja K. Kleinhappel ◽  
Teresa Romero
Keyword(s):  
Network Analysis ◽  
Empirical Evidence ◽  
Rattus Norvegicus ◽  
Dominance Hierarchy ◽  
Group Living ◽  
Ecological Factors ◽  
Limited Evidence ◽  
Rat Strains ◽  
Social Species ◽  
Over Time

AbstractEcological factors, such as predation, have traditionally been used to explain sociability. However, it is increasingly recognised that individuals within a group do not associate randomly, and that these non-random associations can generate fitness advantages. The majority of the empirical evidence on differentiated associations in group-living mammals, however, comes from a limited number of taxa and we still know very little about their occurrence and characteristics in some highly social species, such as rats (Rattus spp.). Here, using network analysis, we quantified association patterns in four groups of male fancy rats. We found that the associations between rats were not randomly distributed and that most individuals had significantly more preferred/avoided associates than expected by random. We also found that these preferences can be stable over time, and that they were not influenced by individuals’ rank position in the dominance hierarchy. Our findings are consistent with work in other mammals, but contrast with the limited evidence available for other rat strains. While further studies in groups with different demographic composition are warranted to confirm our findings, the occurrence of differentiated associations in all male groups of rats have important implications for the management and welfare of captive rat populations.

scholarly journals A Bibliometric Network Analysis of Coronavirus during the First Eight Months of COVID-19 in 2020

2021 ◽  
Vol 18 (3) ◽  
pp. 952 ◽  
Author(s):  
Leonardo B. Furstenau ◽  
Bruna Rabaioli ◽  
Michele Kremer Sott ◽  
Danielli Cossul ◽  
Mariluza Sott Bender ◽  
...  
Keyword(s):  
Decision Making ◽  
Network Analysis ◽  
Web Of Science ◽  
Future Research ◽  
Future Trends ◽  
Damage Prevention ◽  
Over Time ◽  
The Web

The COVID-19 pandemic has affected all aspects of society. Researchers worldwide have been working to provide new solutions to and better understanding of this coronavirus. In this research, our goal was to perform a Bibliometric Network Analysis (BNA) to investigate the strategic themes, thematic evolution structure and trends of coronavirus during the first eight months of COVID-19 in the Web of Science (WoS) database in 2020. To do this, 14,802 articles were analyzed, with the support of the SciMAT software. This analysis highlights 24 themes, of which 11 of the more important ones were discussed in-depth. The thematic evolution structure shows how the themes are evolving over time, and the most developed and future trends of coronavirus with focus on COVID-19 were visually depicted. The results of the strategic diagram highlight ‘CHLOROQUINE’, ‘ANXIETY’, ‘PREGNANCY’ and ‘ACUTE-RESPIRATORY-SYNDROME’, among others, as the clusters with the highest number of associated citations. The thematic evolution. structure presented two thematic areas: “Damage prevention and containment of COVID-19” and “Comorbidities and diseases caused by COVID-19”, which provides new perspectives and futures trends of the field. These results will form the basis for future research and guide decision-making in coronavirus focused on COVID-19 research and treatments.

scholarly journals Cross-Border Interbank Contagion in the European Banking Sector

2015 ◽  
Author(s):  
Silvia Gabrieli ◽  
Dilyara Salakhova ◽  
Guillaume Vuillemey
Keyword(s):  
Banking Sector ◽  
Cross Border ◽  
European Banking

scholarly journals Multilevel cooperation in the EU resolution of cross-border bank groups: lessons from the non-euro area Member States joining the Single Resolution Mechanism (SRM)

2021 ◽  
Author(s):  
Agnieszka Smoleńska
Keyword(s):  
Euro Area ◽  
Banking Union ◽  
Member States ◽  
Essential Condition ◽  
European Banking Union ◽  
Cross Border ◽  
Single Resolution Mechanism ◽  
European Banking ◽  
Administrative Oversight ◽  
The Eu

AbstractCross-border banking presents a unique set of challenges in the EU from the perspective of arranging administrative oversight structures. Structuring cooperation between different EU and national authorities in a way which is conducive to trust-building and mutual engagement is an essential condition for overcoming disintegrative tendencies in the internal market. To assess how the existing EU arrangements fare in this regard in the context of EU resolution law, this article comparatively analyses the different models of multilevel administrative cooperation in the post-crisis EU framework. These are specifically the centralised model of the European Banking Union (Single Resolution Mechanism) and the relatively looser networked model of the resolution colleges. The multilevel cooperation under both models is nuanced given the distinct roles of the national resolution authorities, EU agencies and the differentiated status of non-euro area Member States in the EBU (Croatia, Bulgaria). The article’s findings allow to identify specific problems of constitutional nature pertaining to the accountability of administrative cooperation, equality of Member States and the implications of Meroni doctrine’s distortive effects.

scholarly journals The European Banking Union as a contributing factor to financial stability

2021 ◽  
Author(s):  
Κορνηλία Βικελίδου
Keyword(s):  
Financial Stability ◽  
Banking Union ◽  
European Banking Union ◽  
European Banking

Η Ευρωπαϊκή Τραπεζική Ένωση εμφανίστηκε ως απάντηση στην οικονομική κρίση που ξεκίνησε το 2007 στις ΗΠΑ και την επακόλουθη κρίση του δημόσιου χρέους στην Ευρωπαϊκή Ένωση, με σκοπό την αντιμετώπιση των αδυναμιών που προέκυψαν, προωθώντας τη χρηματοπιστωτική σταθερότητα σε Ευρωπαϊκό επίπεδο. Σε αυτό το πλαίσιο, η Τραπεζική Ένωση καθιέρωσε δύο πυλώνες και συγκεκριμένα τον Ενιαίο Μηχανισμό Εποπτείας το 2014 και τον Μηχανισμό Ενιαίας Εξυγίανσης το 2016, ενώ ο τρίτος πυλώνας, που αφορά ένα Ευρωπαϊκό Σύστημα Εγγύησης Τραπεζικών Καταθέσεων, βρίσκεται ακόμη υπό συζήτηση. Λαμβάνοντας υπόψη το νομικό καθεστώς και τις κατευθυντήριες γραμμές συντονισμού πολιτικής των εμπλεκόμενων θεσμικών οργάνων, που σχετίζονται με την Ευρωπαϊκή Τραπεζική Ένωση, αυτή η διδακτορική διατριβή εξετάζει καταρχάς κριτικά τη δομή διακυβέρνησης αυτών των τριών πυλώνων σε μια προσπάθεια να προσδιορίσει τη λειτουργία της Ευρωπαϊκής Τραπεζικής Ένωσης έως τον Νοέμβριο του 2020, καθώς και τα στοιχεία που λείπουν από αυτό το καθεστώς. Παρόλο που υπάρχει ευρεία βιβλιογραφία σχετικά με τους τρεις πυλώνες της Ευρωπαϊκής Τραπεζικής Ένωσης, δεν είναι ακόμη σαφές σε ποιο βαθμό μια Πολιτική Ένωση είναι απαραίτητη για την ολοκλήρωση αυτού του καθεστώτος, καθώς ο πιθανός αντίκτυπος στη χρηματοπιστωτική σταθερότητα. Σε αυτό το πλαίσιο, η ανάλυση της δομής της Τραπεζικής Ένωσης ακολουθείται από μια κριτική ανάλυση των πιο σημαντικών υποθέσεων εξυγίανσης τραπεζών μέχρι σήμερα και από μια πρωταρχική ερευνητική ανάλυση που προκύπτει από συνεντεύξεις με έξι εμπειρογνώμονες, εκ των οποίων ο καθένας εμπλέκεται σε διαφορετικές πτυχές του καθεστώτος της Τραπεζικής Ένωσης. Σε αυτό το πλαίσιο, αυτό το ερευνητικό έργο στοχεύει περαιτέρω στο να αποδείξει το κύριο επιχείρημα αυτής της διδακτορικής διατριβής, το οποίο συνεπάγεται ότι μια Πολιτική Ένωση θα συμβάλει θετικά στην ολοκλήρωση του έργου της Ευρωπαϊκής Τραπεζικής Ένωσης, και κατά συνέπεια στην προώθηση της χρηματοπιστωτικής σταθερότητας σε Ευρωπαϊκό επίπεδο. Αυτό θα μπορούσε να υλοποιηθεί με τη μείωση των εμποδίων στην οικονομική ολοκλήρωση, τα οποία σύμφωνα με τις συνημμένες συνεντεύξεις, έχουν αποδειχθεί ότι έχουν πολιτική προέλευση. Η φύση αυτής της προέλευσης διαφαίνεται μέσα από την τάση να προσαρμόζεται με πολιτικές παρεμβάσεις η εφαρμογή της σχετικής νομοθεσίας για την Τραπεζική Ένωση σε ρυθμίσεις, που λαμβάνουν χώρα στο όνομα της εθνικής χρηματοπιστωτικής σταθερότητας πλην όμως με ενδεχόμενη ζημία της μακροπρόθεσμης χρηματοοικονομικής ευρωστίας σε ευρωπαϊκό επίπεδο. Σε αυτό το πνεύμα, οι συνημμένες συνεντεύξεις αυτής της διατριβής ανέδειξαν τον πολιτικό χαρακτήρα των αδυναμιών και των κενών του ακόμη μη ολοκληρωμένου πλαισίου της Τραπεζικής Ένωσης, επιβεβαιώνοντας έτσι σε μεγάλο βαθμό τα συμπεράσματα αυτής της διδακτορικής διατριβής σχετικά με τη σημασία της ευρύτερης πολιτικής σύγκλισης στην καθιέρωση της απαιτούμενης εποπτείας, στις αναγκαίες μεταρρυθμίσεις, στη διαφάνεια, στην εμπιστοσύνη, καθώς και σωστή κατανομή του κόστους αποτυχίας των τραπεζών, που συνολικά θεωρούνται ουσιώδεις παράγοντες για την αποτελεσματικότητα του καθεστώτος της Τραπεζικής Ένωσης με γνώμονα την προώθηση της χρηματοπιστωτικής σταθερότητας σε Ευρωπαϊκό επίπεδο.

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