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costs and provisioning for loan losses remain high compared to some other economies. Profitability of the aggregate banking … context of competition in the banking sector. In spite of significant gains in efficiency made in recent years, operational … system has increased in the face of lower interest spreads. A highly concentrated banking system could be an indicator of …
Persistent link: https://www.econbiz.de/10012560002
"This paper examines the implications of bank activity and short-term funding strategies for bank risk and returns …-interest income generating activities such as trading increases the rate of return on assets, and it may offer some risk … diversification benefits at very low levels. Non-deposit, wholesale funding, by contrast, lowers the rate of return on assets …
Persistent link: https://www.econbiz.de/10011394131
Persistent link: https://www.econbiz.de/10000329032
"Recent developments in trade theory, especially research on multi-product firms, have not been matched by similar progress on the empirical front. This paper aims to fill this gap by presenting a novel set of stylized facts on firm-product dynamics observed during an export boom. This exercise...
Persistent link: https://www.econbiz.de/10010521036
"Recent research highlights the relationship between economic development and productive diversification, which may be … hindered by market failures. After identifying stages of diversification in disaggregated export data, the authors develop a … introduction of new export products, (2) export diversification measured by an index of export-revenue concentration, and (3) on …
Persistent link: https://www.econbiz.de/10010522188
. Economic diversification is a key component of that strategy. The country economic memorandum (CEM) report discusses how the … emergence of oil and mineral production can contribute to Uganda's effort to promote economic diversification as a means to … a development and diversification strategy, which the Ugandan government may wish to consider in the design of its …
Persistent link: https://www.econbiz.de/10012644430
Guinea-Bissau is highly dependent on international trade even when compared to other nations of its size and income level. However, it is equally clear that the country could derive far more benefit from its international trade opportunities than it does at the present time. This study examines...
Persistent link: https://www.econbiz.de/10012550654
evaluating the country's potential for diversification and innovation as it seeks to lead the country to emerging market status …, including through diversification and innovation. The CEM contains four main chapters, each providing theoretical or empirical … constraints in the cotton and transit trade sectors; c) diversification and innovation potential; and d) political economy of …
Persistent link: https://www.econbiz.de/10012550840
Azerbaijan's oil and gas boom presents a rare opportunity to accelerate improvements in the quality of life of all its citizens. Its per capita income is $5,100 in 2008, up nearly 400 percent from 2004 in current USD terms; it could potentially exceed $6,500 by 2013 and higher beyond that....
Persistent link: https://www.econbiz.de/10012550902
A small open economy, Benin has seen growth that is above average for the region. The volatility of high growth spells combined with low productivity growth has translated into limited gains in income per capita. Following its transition from low-income country to lower middle income country...
Persistent link: https://www.econbiz.de/10013255071