Showing 1 - 10 of 21
This paper explores the impact of advanced countries' quantitative easing on emerging market economies (EMEs) and how macroprudential policy and good governance play a role in preventing potential financial vulnerabilities. We used confidential locational bank statistics data from the Bank for...
Persistent link: https://www.econbiz.de/10011561633
The COVID-19 pandemic has challenged global economies with unparalleled negative shock. Asia and Latin America have … America and Asia, such as the Latin American balance-of-payment crisis in the 1980s and a number of Latin American banking … challenged with worse debt dynamics and more limited access to dollar liquidity. Asia, instead, seems to have developed a much …
Persistent link: https://www.econbiz.de/10012490544
financial crisis on Asian economies and the implications of post-crisis adjustment in emerging East Asia (EEA) for the world …
Persistent link: https://www.econbiz.de/10008732262
This paper revisits the issue of exchange rate regimes in emerging Asia. It is divided into two main parts. The first … part compares de jure and de facto exchange rate regimes in Asia over the decade 1999-2009. It finds that while Asia is …
Persistent link: https://www.econbiz.de/10009379695
This paper focuses on the relevance to emerging economies of three major financial reforms following the global financial crisis of 2007 - 2009: (1) the improved capital requirements intended to reduce the risk of bank failure ("Basel III"), (2) the improved recovery and resolution regimes for...
Persistent link: https://www.econbiz.de/10009690842
in developing Asia as a whole. However, the impacts vary dramatically by economy within developing Asia, reflecting their …
Persistent link: https://www.econbiz.de/10011441148
This paper discusses desirable exchange rate regimes and how countries can shift from their current regimes to these regimes over the medium term. We demonstrate the superiority of a basket-peg regime with the basket weight rule over a floating regime with the interest rate rule or the money...
Persistent link: https://www.econbiz.de/10010420010
This paper discusses the relevance of Basel III to Asian emerging markets. It reviews some of the proposed regulations of Basel III in order to evaluate their likely implications for, and their ability to enhance, the stability of the banking and financial system. This is followed by a...
Persistent link: https://www.econbiz.de/10009632677
In this current era of the fourth industrial revolution, both the negative and positive effects of financial inclusion raise the question of whether digital finance can be a solution for financial stability through attaining sustainable economic growth or not. Hence, considering the aftermath of...
Persistent link: https://www.econbiz.de/10012500541
This paper examines the role of local currency bond markets (LCBMs) and foreign investor participation in these markets in capital flow volatility in emerging Asian economies over the period 1999 to 2020. Using a panel analysis and impulse response functions generated from a panel structural...
Persistent link: https://www.econbiz.de/10012503333