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Substantial effort has been devoted to reforming China's banking system in recent years. The authorities recapitalized three large state-owned banks, introduced new governance structures, and brought in foreign strategic investors. However, it remains unclear the extent to which currently...
Persistent link: https://www.econbiz.de/10005769002
an almost exclusively bank-based system to one that relies more on capital markets. In the process, it addresses issues …
Persistent link: https://www.econbiz.de/10005248055
This paper presents the primary institutions and economic policies that have led to Chile’s remarkable record of stability and growth over the past twenty years. The core of this policy stance is the combination of fiscal discipline and an open trade policy regime, together with carefully...
Persistent link: https://www.econbiz.de/10005767351
financial conditions in the foreign bank's home country. …
Persistent link: https://www.econbiz.de/10005769320
This study assesses the determinants of banking system efficiency in sub-Saharan Africa (SSA) and asks what, besides the degree of efficiency, explains the low level of financial development in the region. It uses stochastic frontier analysis to measure efficiency and a generalized method of...
Persistent link: https://www.econbiz.de/10008542987
This paper develops a stylized, small, open economy macro model that incorporates an explicit and non-trivial role for financial intermediation. It illustrates how such a model could be used for policy analysis in an emerging market economy where policymakers are concerned about risks associated...
Persistent link: https://www.econbiz.de/10008528675
This Selected Issues paper examines developments in Estonia’s expanding net external obligations, as well as in domestic income flows and balance sheets. The paper discusses external current account and net international investment positions. Domestic investment and saving and balance...
Persistent link: https://www.econbiz.de/10005598931
the determinants of bank interest margins using a sample of 456 banks in 41 SSA countries. The results show that market … concentration is positively associated with interest margins, but the impact depends on the level of efficiency of each bank. In … results also show that bank-specific factors such as credit risk, liquidity risk, and bank equity are important determinants …
Persistent link: https://www.econbiz.de/10011123880
foreign bank ownership on the performance and market power of acquired banks operating in Central and Eastern Europe. This …
Persistent link: https://www.econbiz.de/10008561077
savings, and bank profitability and efficiency. It also examines the benefits of public involvement and governance in the …
Persistent link: https://www.econbiz.de/10011244755