During the global financial crisis, European banks contracted foreign claims on recipient economies sharply. This paper examines the impact of that deleveraging on credit supply in recipient economies, with a particular focus on Asia. Identification is achieved by exploiting heterogeneity in...

The 2013 PREDICT report provides an overview of the importance of the EU ICT sector and its R&D performance. The report gives detailed information on the progress made by the ICT sector comprising both ICT manufacturing and ICT service. The analysis is carried out by comparing EU Member State...