Showing 1 - 10 of 403
independence for the Central Bank, improvements in financial system operations, and improving financial links abroad, further …
Persistent link: https://www.econbiz.de/10010943707
This paper focuses on the design of successful bank restructuring programs in Latin America, a region where banking …. Nevertheless, a review of these experiences demonstrates that a well-conceived bank restructuring program can succeed under even … the most adverse conditions. Paper prepared for the Inter-American Development Bank/Group of 30 conferences on Banking …
Persistent link: https://www.econbiz.de/10010944313
This paper studies whether lending by foreign banks is affected by financial crises. The paper pairs a bank …
Persistent link: https://www.econbiz.de/10010943771
There is an increasing need for a system of international lending of last resort (ILLR) to provide a safety net in the event of financial crises in vulnerable countries as financial globalization deepens and spreads. Multilateral progress to address liquidity and solvency crises has been patchy...
Persistent link: https://www.econbiz.de/10010943628
The paper explores the incidence of sudden stops in capital flows on the incentives for building national institutions that secure property rights in a world where sovereign defaults are possible equilibrium outcomes. Also the paper builds upon the benchmark model of sovereign default and direct...
Persistent link: https://www.econbiz.de/10010943653
banking crises. These macroeconomic causes of bank vulnerability and crisis have important implications for regulatory regimes …
Persistent link: https://www.econbiz.de/10010943669
deepening credit markets dominates for the large majority of states of nature. The paper also uses a detailed bank-level dataset …
Persistent link: https://www.econbiz.de/10010943671
The basic worldwide financial safety net architecture provides for a system of similar institutions: a lender of last resort, deposit insurance, and prudential regulation. In countries whose banking systems suffer seriously from negative capital positions and overbanking, such as in some Latin...
Persistent link: https://www.econbiz.de/10010943679
Financial stability is an important policy objective, since crises are associated with large economic, social and political costs. This paper contributes to the discussion by providing new theoretical and empirical evidence on the causal connection between lack of exposure to commercial trade...
Persistent link: https://www.econbiz.de/10010943687
developed to show that a more diversified international bank may be one of lower, overall risk and less susceptible to funding …
Persistent link: https://www.econbiz.de/10010943703