Surviving the Post Silicon Valley Bank Crisis

Authors

  • Dr. Richard Hanna Beainy Business School Holy Spirit University of Kaslik, Lebanon
  • Dr. Jeanne Kaspard Kamel Business School Holy Spirit University of Kaslik, Lebanon

DOI:

https://doi.org/10.15379/ijmst.v10i3.1598

Keywords:

Financial System, Economic Growth, Banks, Debt, Government Reserves, GDP.

Abstract

In the wake of the sudden collapse of three major financial institutions in the United States (Silicon Valley Bank, Silver Gate, and Signature Bank) the Federal Government intervention was swift and quick and even surpassed regulations by promising a full refund for all bank depositors, yet was the major intervention by the Government and the United States President Joe Biden a sign of strength or weakness? This study analyzes the importance of the financial sector to achieve economic prosperity as well as the readiness of the United States Government to face future challenges that might jeopardize the entire international financial system through alarming World Bank Data.

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Published

2023-07-31

How to Cite

[1]
D. R. H. . Beainy and D. J. K. . Kamel, “Surviving the Post Silicon Valley Bank Crisis”, ijmst, vol. 10, no. 3, pp. 775-785, Jul. 2023.