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Explaining Efficiency Differences Among Large German and Austrian Banks
Hauner, David - International Monetary Fund (IMF) - 2004
Cost-efficiency, scale efficiency, and productivity change are estimated by data envelopment analysis; and cost-efficiency …
Persistent link: https://www.econbiz.de/10005604932
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A Cross-Country Non-Parametric Analysis of Bahrain's Banking Sector
Manole, Vlad; Grigorian, David A. - International Monetary Fund (IMF) - 2005
terms of scale efficiency, the banks in Bahrain operate at the same level as banks in Singapore and their closest …
Persistent link: https://www.econbiz.de/10005599768
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Bank Efficiency in Sub-Saharan African Middle Income Countries
Chen, Chuling - International Monetary Fund (IMF) - 2009
We use bank level data to study the efficiency of banks in Sub-Saharan African middle-income countries and provide … possible explanations for the difference in the efficiency levels of banks. We find that banks, on average, could save 20 … and domestic private banks. Among the factors that could affect the efficiency levels are macroeconomic stability, depth …
Persistent link: https://www.econbiz.de/10005826655
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Transmission of Financial Stress in Europe: The Pivotal Role of Italy and Spain, but not Greece
González-Hermosillo, Brenda; Johnson, Christian A - International Monetary Fund (IMF) - 2014
Germany, Greece, Ireland, Italy, Spain and Portugal. The stability of Germany is a close proxy for the resilience of the euro …
Persistent link: https://www.econbiz.de/10011142190
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The Evolution of Current Account Deficits in the Euro Area Periphery and the Baltics; Many Paths to the Same Endpoint
Kang, Joong Shik; Shambaugh, Jay C. - International Monetary Fund (IMF) - 2013
Explanations of the large current account deficits for the euro area periphery and the Baltics in the run up to the crisis revolve around two main factors: deteriorating export performance or demand driven booms. We add that there were important movements in transfers and net income balances....
Persistent link: https://www.econbiz.de/10011242364
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Greece; First and Second Reviews Under the Extended Arrangement Under the Extended Fund Facility, Request for Waiver of Applicability, Modification of Performance Criteria, and Rep...
International Monetary Fund (IMF); International … - 2013
Greece’s deep recession has continued unabated, with the economy struggling to gain traction against domestic political instability and weak external conditions. Stronger internal devaluation is now under way, reflecting the interaction of labor market liberalization with the already weak...
Persistent link: https://www.econbiz.de/10011242799
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Greece; 2013 Article IV Consultation
International Monetary Fund (IMF); International … - 2013
Fiscal expansion after euro accession led to a buildup of large economic imbalances, and a program to make fiscal policy and the fiscal and debt position sustainable was initiated. However, the program saw opposition from the outset and structural reforms stalled, which unsettled the investment...
Persistent link: https://www.econbiz.de/10011243465
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Greece; Fourth Review Under the Extended Arrangement Under the Extended Fund Facility, and Request for Waivers of Applicability and Modification of Performance Criterion—Staff Re...
International Monetary Fund (IMF); International … - 2013
This paper discusses Greece’s Fourth Review Under the Extended Arrangement under the Extended Fund Facility, and Request for Waivers of Applicability and Modification of Performance Criterion. The economy is rebalancing, but it continues to do so through recession, not...
Persistent link: https://www.econbiz.de/10011243828
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Greece; Third Review Under the Extended Arrangement Under the Extended Fund Facility—Staff Report; Staff Statement; Press Release; and Statement by the Executive Director for Gre...
International Monetary Fund (IMF); International … - 2013
The short-term objectives are being met, but medium-term targets and sustainability have to be worked on. The impressive fiscal adjustment evident since the crisis erupted is continuing. The Executive Directors commend the Greek government’s determination to focus on overdue spending...
Persistent link: https://www.econbiz.de/10011244360
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Greece; Ex Post Evaluation of Exceptional Access Under the 2010 Stand-By Arrangement
International Monetary Fund (IMF); International … - 2013
Greece adopted an ambitious program to eliminate fiscal and current account imbalances, regain competitiveness …
Persistent link: https://www.econbiz.de/10011244721