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Developing an effective framework for cross-border resolution is a key priority in international regulatory reform …. Large bank failures during the global financial crisis brought home the lack of adequate tools for resolving 'too …
Persistent link: https://www.econbiz.de/10014410334
by increasing costs of financial services and negatively affecting bank ratings …
Persistent link: https://www.econbiz.de/10014408684
This paper highlights key issues pertinent for the understanding of international effects of domestic tax policies and … of international tax harmonization. The analytical framework adopts the saving-investment balance approach to the … analysis of international economic interdependence focusing on income, consumption, and international borrowing. A simulation …
Persistent link: https://www.econbiz.de/10014396181
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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
There has been a rapid expansion of pan-African banks (PABs) in recent years, with seven major PABs having a presence in at least ten African countries: three of these are headquartered in Morocco, two in Togo, and one each in Nigeria and South Africa. Additional banks, primarily from Kenya,...
Persistent link: https://www.econbiz.de/10014410621
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The financial turmoil of the late 1990s prompted a broad search for tools and techniques for detecting and preventing financial crises, and more recent episodes of instability have high lighted the importance of continuous monitoring of financial systems as a tool for preventing crises. This...
Persistent link: https://www.econbiz.de/10014404473
This paper describes a financial system that should be adopted for the 21st century. The paper highlights that the financial crisis of 2008 has raised fundamental questions about how the financial industry is structured, managed, and regulated. The paper discusses that a well-functioning...
Persistent link: https://www.econbiz.de/10014397983