Showing 1 - 10 of 141
In the financial crisis literature, it is usually argued that, contrary to the case of currency crises, building a time series index to identify banking crisis episodes is highly difficult, particularly because of the lack of reliable data on banking sector variables (non-performing loans,...
Persistent link: https://www.econbiz.de/10005126447
affected countries. It focuses on three main countries—Indonesia, Thailand, and the Philippines. The analysis shows that there … continuum of effects, with Indonesia most heavily hit, the Philippines the least so, and Thailand somewhere in between. (b … migration has had a major impact. In Indonesia, the weakening of government authority and enforcement powers is also a major …
Persistent link: https://www.econbiz.de/10005062475
The paper distinguishes between the classic or traditional foreign banks with their emphasis on corporate and wholesale banking, and the innovators responding to transition, deregulation or crisis in emerging markets. The innovators come in three varieties—bettors, prospectors and...
Persistent link: https://www.econbiz.de/10005556647
The aim of this paper is to provide evidence about the existence or non- existence of structural breaks in exchange rates of European transition economies. We used the testing procedure of Vogelsang (1997) that allows for detecting a break at an unknown date in the trend function of a dynamic...
Persistent link: https://www.econbiz.de/10005556048
Using an aggregate econometric model for the EU we investigate by simulation methods some dynamic paths of the European economy in the next five years under alternative hypotheses concerning the growth of world demand, the European currency/USD exchange rate, and the monetary policy.
Persistent link: https://www.econbiz.de/10005119065
This paper examines the performances of Asian asset management companies (AMCs). The analysis reveals that AMCs vary in their design and performance. Asset management companies can trigger moral hazard- inspired bank lending. Empirical examination of the Thai experience reveals that the moral...
Persistent link: https://www.econbiz.de/10005134678
standards systems and related infrastructure. Vietnam and Thailand are examined as case studies. In both cases the move to … fewer than in most developed country APEC economies. Protection in Vietnam, and even still in Thailand, mostly comes through …
Persistent link: https://www.econbiz.de/10005062624
As part of its efforts to improve the rural economies of its client countries, the World Bank is supporting programs to strengthen land administration and undertake land reform. Land administration projects can include a variety of activities. Usually, the most expensive and that which is most...
Persistent link: https://www.econbiz.de/10005556123
rate to stock price in Thailand. The stock markets of these countries are also found to be closely linked, with a feedback …
Persistent link: https://www.econbiz.de/10005556595
This paper examines the relevance of the monetary approach for exchange rate behaviour in India, unde rthe managed float regime. It finds supprot for purchaisng power parity in traded goods and that the monetary approach provdies a reasonable description of exchange rate behaviour in the period...
Persistent link: https://www.econbiz.de/10005408178