Showing 1 - 10 of 59
Developing economies are seeking to promote financial inclusion, i.e., greater access to financial services for low-income households and firms, as part of their overall strategies for economic and financial development. This raises the question of whether financial stability and financial...
Persistent link: https://www.econbiz.de/10011278004
In this paper, we present two stylized models of the financial system. We make the case that in order to realize the potential of a well-functioning complete financial market, financial system designers and financial service providers will need to think about ways to deliver financial...
Persistent link: https://www.econbiz.de/10011278007
Developing economies are seeking to promote financial inclusion, i.e., greater access to financial services for low-income households and firms, as part of their overall strategies for economic and financial development. This raises the question of whether financial stability and financial...
Persistent link: https://www.econbiz.de/10011278019
In this paper, we present two stylized models of the financial system. We make the case that in order to realize the potential of a well-functioning complete financial market, financial system designers and financial service providers will need to think about ways to deliver financial...
Persistent link: https://www.econbiz.de/10011278028
in emerging markets based on the global financial crisis and proposed reforms that have followed in the aftermath. …
Persistent link: https://www.econbiz.de/10011278035
This paper discusses the relevance of Basel III to Asian emerging markets. It reviews some of the proposed regulations of Basel III in order to evaluate their likely implications for, and their ability to enhance, the stability of the banking and financial system. This is followed by a...
Persistent link: https://www.econbiz.de/10011278051
The paper analyzes the financial crisis of through the lens of market failures and regulatory failures. We present a … case that there were four primary failures contributing to the crisis : excessive risk-taking in the financial sector due … of Continental Illinois, Savings and Loans crisis and Long-Term Capital Management, expectations of too …
Persistent link: https://www.econbiz.de/10011278053
The recent financial crisis has shown that financial innovation can have devastating systemic impacts …
Persistent link: https://www.econbiz.de/10011278058
in emerging markets based on the global financial crisis and proposed reforms that have followed in the aftermath. …
Persistent link: https://www.econbiz.de/10011278130
The paper analyzes the financial crisis of through the lens of market failures and regulatory failures. We present a … case that there were four primary failures contributing to the crisis : excessive risk-taking in the financial sector due … of Continental Illinois, Savings and Loans crisis and Long-Term Capital Management, expectations of too …
Persistent link: https://www.econbiz.de/10011278152