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TY - JOUR AU - Szabłowska, Ewa PY - 2020/01/17 Y2 - 2024/05/18 TI - The financial crisis and securitization JF - Journal of Education Culture and Society JA - JECS VL - 1 IS - 1 SE - Articles DO - 10.15503/jecs20101.37.48 UR - https://www.e-methodology.eu/index.php/jecs/article/view/850 SP - 37-48 AB - <p><span style="left: 145.893px; top: 340.019px; font-size: 15.4px; font-family: serif; transform: scaleX(0.971101);">Securitization means the change of non-liquid assets into securities. This topic has </span><span style="left: 100.463px; top: 366.584px; font-size: 15.4px; font-family: serif; transform: scaleX(0.964196);">become more popular, mainly due to the U.S. subprime mortgage crisis. In this article, an </span><span style="left: 100.463px; top: 393.149px; font-size: 15.4px; font-family: serif; transform: scaleX(0.960817);">analysis is given of the current situation in financial markets and the changes, which were </span><span style="left: 100.463px; top: 419.714px; font-size: 15.4px; font-family: serif; transform: scaleX(0.950942);">implemented from the first days of subprime crisis. Also mentioned is the impact the crisis </span><span style="left: 100.463px; top: 446.279px; font-size: 15.4px; font-family: serif; transform: scaleX(1.0012);">has had on securitization development. </span><span style="left: 145.893px; top: 472.844px; font-size: 15.4px; font-family: serif; transform: scaleX(0.954347);">Part of the article is devoted to the situation on the Polish financial market. It is quite a new </span><span style="left: 100.463px; top: 499.409px; font-size: 15.4px; font-family: serif; transform: scaleX(0.964429);">market and it is susceptible to such crises. The Article presents the part played by securitization in </span><span style="left: 100.463px; top: 525.974px; font-size: 15.4px; font-family: serif; transform: scaleX(0.937894);">the Polish financial market and the circumstances for its growth in the near future. </span><span style="left: 145.893px; top: 552.539px; font-size: 15.4px; font-family: serif; transform: scaleX(0.981398);"> It also covers the latest information related to financial market regulations, which </span><span style="left: 100.463px; top: 579.104px; font-size: 15.4px; font-family: serif; transform: scaleX(1.00153);">could have direct or indirect impact on the quantity and value of securitization transactions.</span></p> ER -