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banks in 2009 in Asia, and in 2010 in Latin America and emerging Europe. State-owned banks instead played a counter … growth. Banks in Latin America and Asia that relied more on retail funding had higher credit growth, in particular during the …
Persistent link: https://www.econbiz.de/10011142108
America - one of the most vulnerable regions given its high, and rising, commodity dependence - and emerging Asia - which has …
Persistent link: https://www.econbiz.de/10009370555
Income inequality in Latin America has declined during the last decade, in contrast to the experience in many other emerging and developed regions. However, Latin America remains the most unequal region in the world. This study documents the declining trend in income inequality in Latin America...
Persistent link: https://www.econbiz.de/10011142048
The paper shows that Asia's degree of financial integration, both with the world and within the region remains low by …
Persistent link: https://www.econbiz.de/10009369446
of financial integration or interrelatedness, asking how Asia compares with Europe and Latin America and with the base … more financially integrated than other regions. Asia, more interestingly, already seems to have made more progress on this … sample suggest that one factor holding back investment in foreign bonds in East Asia may be limited geographical …
Persistent link: https://www.econbiz.de/10005769016
Ensuring stable growth in the postcrisis world economy will require a rebalancing of economic activity in several countries. In Asia’s export-dependent economies, this entails relying more on private domestic demand as a driver of growth. While some countries need to raise consumption,...
Persistent link: https://www.econbiz.de/10008839325
The paper compares trends in financial integration within Asia with those in industrialized countries and other …
Persistent link: https://www.econbiz.de/10008839330
Stock markets play a key role in corporate financing in Asia. However, despite their increasing importance in terms of …€œnoise†in stock pricing, which suggests that improvements in the regulation of securities markets in Asia could enhance the role …
Persistent link: https://www.econbiz.de/10011142146
Using a unique dataset with information on the currency composition of firms' assets and liabilities in six Latin-American countries, I investigate how the choice of exchange rate regime affects firms' foreign currency borrowing decisions and the associated currency mismatches in their balance...
Persistent link: https://www.econbiz.de/10009654156
Improvements in financial regulation and supervision in the Central American region (CAPDR) have strengthened financial stability. Prudential instruments with potential macroeconomic effects have been introduced. Nonetheless, compared with the larger Latin American and selected industrial...
Persistent link: https://www.econbiz.de/10009401200