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Persistent link: https://www.econbiz.de/10011393977
"Levy-Yeyati, Martinez Peria, and Schmukler show that systemic risk exerts a significant impact on the behavior of depositors, sometimes overshadowing their responses to standard bank fundamentals. Systemic risk can affect market discipline both regardless of and through bank fundamentals....
Persistent link: https://www.econbiz.de/10010522895
"This paper analyzes the effects of capital controls and crises on international financial integration, using data on stocks from emerging economies that trade in domestic and international markets. The cross-market premium (the ratio between the domestic and international market price of...
Persistent link: https://www.econbiz.de/10010520989
"The authors apply stochastic simulation methods to assess debt sustainability in emerging market economies and provide probability measures for projections of the external and public debt burden over the medium term. The vulnerability of public debt to adverse shocks is determined by a number...
Persistent link: https://www.econbiz.de/10010522239
Persistent link: https://www.econbiz.de/10010523873
, shifting power, and cultural uniformity. Globalization, Growth, and Poverty focuses on globalisation in terms of growing …
Persistent link: https://www.econbiz.de/10011479557
. Integration--or "globalization"--has generated anxieties about rising ineuality, shifting power, and cultural uniformity. This … globalization to provide opportunities for poor people and to reduce and mitigate the risks it generates. This report presents three … main findings that bear on current policy debates about globalization. First, poor countries with around 3 billion people …
Persistent link: https://www.econbiz.de/10012563619
"Globalization brings opportunities and pressures for domestic firms in emerging markets to innovate and improve their … competitive position. Using data on firms in 27 transition economies, the authors test for the effects of globalization through …
Persistent link: https://www.econbiz.de/10011394102
"globalization years" of 1986-2004. Controlling for trade openness and two indicators of financial globalization, the authors find … the treatment of endogenous globalization measures. "--World Bank web site …
Persistent link: https://www.econbiz.de/10010520968
The EBRD-World Bank Business Environment and Enterprise Performance Survey (BEEPS) is a joint initiative of the European Bank for Reconstruction and Development and the World Bank. The BEEPS has been carried out in three rounds in 1999, 2002, and 2005 and covers virtually all of the countries of...
Persistent link: https://www.econbiz.de/10012554733