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Ireland is recovering from an extremely large banking crisis born of over-exuberant property lending. The government has taken a wide range of measures to tackle the crisis over the past 3 years. Larger bad property loans have been transferred to a government controlled “bad bank”, NAMA, and...
Persistent link: https://www.econbiz.de/10011276927
Entrepreneurship is an important driver of economic growth, job creation and competitiveness. However, the small and medium-sized enterprises (SME) sector has been severely affected by the crisis, with access to bank finance being particularly difficult. Various government-sponsored schemes have...
Persistent link: https://www.econbiz.de/10011277034
Bank regulation might have contributed to or even reinforced adverse systemic shocks that materialised during the financial crisis. Capital regulation based on risk-weighted assets encourages innovation designed to circumvent regulatory requirements and shifts banks’ focus away from their core...
Persistent link: https://www.econbiz.de/10009386330
The 2008-09 global financial crisis did not result in the failure of any major financial institution in Israel, but it did reveal vulnerabilities in the non-banking sector . particularly in the corporate-bond market. Conservative regulation of the banking sector helped this segment avoid a...
Persistent link: https://www.econbiz.de/10009386332
The global crisis exposed weaknesses in the Hungarian financial system that pose risks to financial stability. Excessive risk-taking by banks and households had been masked by relatively stable exchange rates, the expected early adoption of the euro and unusually lax credit conditions in...
Persistent link: https://www.econbiz.de/10008552864
This paper examines how a range of stability-oriented regulatory policies for banking and insurance are related to selected stability and competition outcomes in these sectors. Based on survey information on financial market regulation, policy indicators for eight areas of prudential banking...
Persistent link: https://www.econbiz.de/10008498028
The euro area financial system took excessive risks during the global credit boom, which in some countries led to an unsustainable increase in credit, higher asset prices and housing booms. This process helped to fuel large imbalances within the euro area. Banks played a key role in channelling...
Persistent link: https://www.econbiz.de/10008764882
The German banking system came under pressure during the financial crisis, not least due to its significant exposure to toxic assets which originated in the US. In the short run, the stability of the system has been achieved, in large part through substantial government support measures....
Persistent link: https://www.econbiz.de/10008461035
-deposit spread suggests that the levels of contestability and efficiency are low. A more in-depth analysis using stochastic frontier … and data envelopment analyses confirm that the efficiency of the Colombian commercial banking system is low compared to … potential determinants of efficiency and contestability for a sample of the 24 countries over the period 2004 – 2013. This …
Persistent link: https://www.econbiz.de/10011276947
This paper analyses the effect of capital inflow shocks on the evolution of domestic credit. Using a panel of developed and emerging economies from 1970 to 2007, it is shown that in the two years following the beginning of a capital inflow shock the credit-to-GDP ratio increases by about 2...
Persistent link: https://www.econbiz.de/10009358639