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countries and analyze the impact of a supply shock in an emerging economy, the People’s Republic of China (PRC), on inflation …
Persistent link: https://www.econbiz.de/10011134369
Financial globalization has gathered attention since the early 1990s because of its macro-financial and crisis … implications and its perceived large expansion. But financial globalization has taken different forms over time. This paper … examines two important concurrent dimensions of financial globalization relevant for emerging countries : diversification and …
Persistent link: https://www.econbiz.de/10011277968
Financial globalization has gathered attention since the early 1990s because of its macro-financial and crisis … implications and its perceived large expansion. But financial globalization has taken different forms over time. This paper … examines two important concurrent dimensions of financial globalization relevant for emerging countries : diversification and …
Persistent link: https://www.econbiz.de/10011278048
Financial globalization has gathered attention since the early 1990s because of its macro-financial and crisis … implications and its perceived large expansion. But financial globalization has taken different forms over time. This paper … examines two important concurrent dimensions of financial globalization relevant for emerging countries : diversification and …
Persistent link: https://www.econbiz.de/10011278146
This paper discusses desirable exchange rate regimes and how countries can shift from their current regimes to these regimes over the medium term. We demonstrate the superiority of a basket-peg regime with the basket weight rule over a floating regime with the interest rate rule or the money...
Persistent link: https://www.econbiz.de/10011075182
This paper discusses desirable exchange rate regimes and how countries can shift from their current regimes to these regimes over the medium term. We demonstrate the superiority of a basket-peg regime with the basket weight rule over a floating regime with the interest rate rule or the money...
Persistent link: https://www.econbiz.de/10011075183
After analyzing the different reasons why the financial system and also the regulatory framework induced procyclicality, this paper reviews the experiences of three countries which have introduced dynamic provisioning as a regulatory tool to limit procyclicality. The case of Spainthe country...
Persistent link: https://www.econbiz.de/10009363866
related domestic issues, the governments of the People’s Republic of China, India, Indonesia, Thailand, and Viet Nam have …
Persistent link: https://www.econbiz.de/10011277994
The possible crucial role of international bank lending in transmitting adverse economic disturbance from developed economies to emerging economies in the 2008–2009 global financial crisis has placed capital flows into sharper scrutiny in academic and policy discussions. The...
Persistent link: https://www.econbiz.de/10011278020
A key lesson of the 2007–2009 global financial crisis (GFC) was the importance of containing systemic financial risk and the need for a “macroprudential†approach to surveillance and regulation that can identify system-wide risks and take appropriate actions to maintain...
Persistent link: https://www.econbiz.de/10011278022