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Almost all formal small and medium enterprises (SMEs) in Jamaica have access to checking or saving accounts, but the financial sector is scarcely used to finance their investments. The lack of funding for the SME sector, or its high cost, has a negative impact on entrepreneurship and business...
Persistent link: https://www.econbiz.de/10012564646
This paper presents evidence that spillovers through bank lending, as opposed to trade linkages and country … characteristics, can help explain contagion. We construct a measure of competition for bank funds and find evidence in favor of a …
Persistent link: https://www.econbiz.de/10014401017
indicators of overall bank soundness and key macroprudential indicators. Country practices and recent moves to more forward …
Persistent link: https://www.econbiz.de/10014403513
The volume of credit extended by a bank can be an informative signal of its abilities in loan selection and management …
Persistent link: https://www.econbiz.de/10014401746
To test the role of bank lending in transmitting currency crisis we examine a panel of BIS data on bank flows to 30 … emerging markets disaggregated by 11 banking centers. We find that bank exposures to a crisis country help predict bank flows …
Persistent link: https://www.econbiz.de/10014399830
-affiliated institutions, promotion of electronic registrations, risk-based financing, and reinforcing bank administrations. The Board takes up …
Persistent link: https://www.econbiz.de/10014395722
borrowers to assess collateralized financing practices from a development perspective. The work of the IMF and World Bank …
Persistent link: https://www.econbiz.de/10014407912
In discussing the June 2014 paper, Executive Directors broadly supported staff's proposal to introduce more flexibility into the Fund's exceptional access framework to reduce unnecessary costs for the member, its creditors, and the overall system. Directors' views varied on staff's proposal to...
Persistent link: https://www.econbiz.de/10014408593
This paper presents for the approval of the Executive Board a draft borrowing agreement between Norges Bank and the … Fund. On March 28, the Finance Minister of Norway announced that the Ministry of Finance and Norges Bank (the central bank … of payments assistance to its members in the current crisis. Staff and Norges Bank representatives have now reached …
Persistent link: https://www.econbiz.de/10014410404
This note reviews some concepts of global liquidity and discusses measurement approaches that have been used by various interlocutors, including at the BIS, by Fund staff, and in academia. Some measures that could be regularly monitored by policy makers are presented
Persistent link: https://www.econbiz.de/10014410545