مجلة المنتدى للدراسات والابحاث الاقتصادية
Volume 8, Numéro 2, Pages 464-475
2024-12-10

Early Warning Systems: An Effective Tool For Predicting And Preventing Banking Crises

Authors : Kerfis Fatima Zahra . Bahiri Kada .

Abstract

Abstract: The banking sector is a crucial component of any economy, and its stability is paramount for overall financial health. Early Warning Systems (EWS) play a pivotal role in predicting and preventing crises within the banking sector. This paper explores the significance of EWS as an effective tool for forecasting and mitigating banking crises. It delves into the key components and methodologies employed in these systems, emphasizing their role in risk management and financial stability. The study also assesses the practical implementation of EWS in various banking institutions and its impact on averting potential crises

Keywords

Early warning systems, banking crises.