Dynamic Analysis of the Global Financial Network

Sergey Shvydun*

*Corresponding author for this work

Research output: Chapter in Book/Conference proceedings/Edited volumeConference contributionScientificpeer-review

1 Citation (Scopus)

Abstract

Using the consolidated banking statistics (CBS) on foreign claims over the period 2005-2020, we examine the relationship between national banking systems from the network perspective. Our main goal is to identify financial communities and systemically important elements and study their evolution. We compare the snapshots of the foreign claims network and analyze how it changes over time for various centrality measures and community structure of the network. As a result, we identify the most important participants of the global financial system, which are the major players with high ratings and positive credit history or intermediary players, which have a great scale of financial activities. Finally, we perform hierarchical clustering of the snapshots to reveal the main changes in the international lending process.

Original languageEnglish
Title of host publicationProceedings of the 2020 IEEE/ACM International Conference on Advances in Social Networks Analysis and Mining, ASONAM 2020
EditorsMartin Atzmuller, Michele Coscia, Rokia Missaoui
PublisherIEEE
Pages374-378
Number of pages5
ISBN (Electronic)9781728110561
DOIs
Publication statusPublished - 7 Dec 2020
Externally publishedYes
Event12th IEEE/ACM International Conference on Advances in Social Networks Analysis and Mining, ASONAM 2020 - Virtual, Online, Netherlands
Duration: 7 Dec 202010 Dec 2020

Publication series

NameProceedings of the 2020 IEEE/ACM International Conference on Advances in Social Networks Analysis and Mining, ASONAM 2020

Conference

Conference12th IEEE/ACM International Conference on Advances in Social Networks Analysis and Mining, ASONAM 2020
Country/TerritoryNetherlands
CityVirtual, Online
Period7/12/2010/12/20

Keywords

  • community structure
  • foreign claims
  • influence
  • network dynamics

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