This paper investigates empirically the drivers of financial imbalances ahead of the global financial crisis. Three … financial imbalances ahead of the crisis …

remittance multipliers in recipient countries, this paper estimates the impact of the global economic crisis on African GDP via … percentage points, with migrants to Europe hardest hit while migrants within Africa relatively unaffected by the crisis. The …

This study investigates the impact of the current financial crisis on Canada's potential GDP growth. Using a simple … GDP growth to gradually rise to around 2 percent, below the pre-crisis growth rate, mostly reflecting the effects of …

foreign bank presence negatively related with domestic credit creation. During the global crisis foreign banks reduced credit …

financial crisis has reflected shifts in (i) global risk aversion; (ii) country-specific risks, directly from worsening …. Earlier in the crisis, the increase in market-implied contagion led to higher Asian sovereign bond yield spreads over swaps …. But, after the crisis, Asia's sovereign spreads normalized, despite the debt crisis in the euro area, reflecting a fall in …

financial crisis, strengthening sovereign-bank linkages. In light of these risks, the paper proposes a framework — sovereign …

This paper examines publicly listed Chilean firms' performance during the 2008-09 crisis. In particular, it studies the …, and profits, using firm-specific characteristics measured prior to the crisis. The evidence suggests that the crisis had a …