phenomena as the dominance of state-owned banks, the growth of nonbank lending (the so-called shadow banks), and the need to … phenomena as the dominance of state-owned banks, the growth of nonbank lending (the so-called shadow banks), and the need to …

Central Bank setting policy, or (iii) floating exchange rates with each central bank in Asia independently choosing optimal …

changes, (ii) substitutes for bank lending, (iii) implications for firms, (iv) implications for banks, and (v) implications … answers. Specifically, the issues identified fall into the following five broad categories: (i) reasons for bank lending …

vary in their design and performance. The paper claims that AMCs can trigger moral hazard-induced bank lending. Empirical … examination of the Thai experience of AMCs reveals that moral-hazard induced bank lending resulted in creating more new …