This paper looks into the challenges ahead for deposit insurers and underscores the urgency of testing contingency planning and crisis management frameworks at national and system-wide levels, and the importance of communication, cooperation and coordination at home and abroad.• Financial...

This paper discusses how emerging markets should approach the implementation of the post-crisis and other recent regulatory reforms into their national financial services regulation, considers the challenges for supervisors stemming from more wide-ranging, robust and complex regulatory...

This paper investigates if banking crises can improve efficiency of banking sector, through testing on Turkish experience before and after the crisis period. The idea comes from business cycles theory, where a crisis is the turning point from which the economy is recovering. In that spirit, if...

This paper assesses banking fragility with an application to Turkey. It examines the macroeconomic shocks that contribute to banking problems. It purposes two aggregate level measures of banking sector's distress (Z-score and return on equity) to have the predicted impact on macro variables and...

In this paper we analyze the achievement of the countries with regard to financial liberalization. Financial liberalization brought many new challenges many of which remain as reforms continue to be implemented. These challenges relate to the way in which monetary policy is formulated and...

This paper attempts to analyze the determinants of profitability of the Turkish Banking sector (TBS). Our results showed that Edwards - Heggestad - Mingo risk aversion effect is valid for TBS. However, there is no evidence that expense preferense theory is also valid. The most important result...