Showing 1 - 10 of 61
This paper introduces the concept of the financial possibility frontier as a constrained optimum level of financial development to gauge the relative performance of financial systems across the globe. This frontier takes into account structural country characteristics, institutional, and...
Persistent link: https://www.econbiz.de/10013082924
competition in host banking sectors, and help stabilize credit when host countries face idiosyncratic shocks. But there are …
Persistent link: https://www.econbiz.de/10012957838
Cross-border bank lending is a growing source of external finance in developing countries and could play a key role for infrastructure financing. This paper looks at the role of multilateral development banks (MDBs) on the terms of syndicated loan deals, focusing on loan pricing. The results...
Persistent link: https://www.econbiz.de/10012895120
In this paper we study how competition and financial soundness affect financial inclusion in Sub-Saharan Africa (SSA). We use detailed individual-level survey data, combined with key country-level indicators of bank competition and financial soundness, to study the effect on the adoption of...
Persistent link: https://www.econbiz.de/10012895126
identifies some key patterns of cross-border investment in bank subsidiaries by key banking groups in sub-Saharan Africa (SSA …) and discusses some of the determinants of this investment. Using a gravity model relating the annual value of a banking …-border banking is in part driven by a search for yield, diversification, and expansion for strategic reasons …
Persistent link: https://www.econbiz.de/10012865119
This paper assesses the role of bank and nonbank financial institutions' balance sheet foreign exposures and risk management practices in driving capital flow responses to global risk. Using a unique and previously unexplored dataset on domestic and cross border balance sheet positions of...
Persistent link: https://www.econbiz.de/10012869282
lower credit growth to the private sector and with a higher return on assets of the banking sector. Analysis suggests that …
Persistent link: https://www.econbiz.de/10012858956
theories of the sovereign default-banking crisis nexus …
Persistent link: https://www.econbiz.de/10013049802
For a sample of 83 financial institutions during 2003–2011, this paper attempts to answer three questions: first, what is the evolution of banks' stock price exposure to country-level and global risk factors as approximated by equity indices; second, which bank-specific characteristics explain...
Persistent link: https://www.econbiz.de/10013079882
Policymakers' uneasiness about granting independence to financial sector regulators stems to a large extent from the lack of familiarity with, and elusiveness of, the concept of accountability. This paper gives operational content to accountability and argues that it is possible to do so in a...
Persistent link: https://www.econbiz.de/10013318072