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resulted in deeper credit markets. To measure banking sectorreforms we use a new index that tracks policy changes in five … significantly influencethe effect of banking reforms on financial development. …
Persistent link: https://www.econbiz.de/10005264064
banking system. We test for the likelihood that an extreme shock affecting a major, systemic U.K. bank would also affect …
Persistent link: https://www.econbiz.de/10005768965
This paper considers the extent of retail banking integration in the Communauté Economique et Monétaire d …
Persistent link: https://www.econbiz.de/10005599544
This work employs a dynamic general equilibrium model to evaluate the causes and implications of bank insolvencies. The model is applied to stylized data from several South Asian countries. It derives conclusions about policy instruments designed to alleviate the impact of insolvencies. Firms...
Persistent link: https://www.econbiz.de/10005605249
This paper studies why currency and monetary shock hit Indonesia's economy and banking sector so severely and the … measures that were taken to deal with the banking crisis, the lessons learned, and challenges faced in restructuring and … strengthening the banking system. The vulnerable state of the banking sector, in combination with exchange rate and interest rate …
Persistent link: https://www.econbiz.de/10005605259
-important-to-fail problem. It is argued that while the more radical of these proposals such as narrow utility banking do not adequately address …
Persistent link: https://www.econbiz.de/10009369435
This study looks at the first two years of the banking crisis that erupted in Indonesia in late 1997. It finds that the … banking sector was weak at the outset, and that governance problems intensified the crisis and seriously delayed its … in the costs of resolution. By end-1999, the critical elements to reconstruct the banking system were in place, and the …
Persistent link: https://www.econbiz.de/10005826629
Despite far-reaching banking sector reforms and a prolonged period of macroeconomic stability and strong economic … potential to increase cost efficiency and competition in the banking system. …
Persistent link: https://www.econbiz.de/10005768878
This paper runs the gamut of qualitative and quantitative analyses to examine the performance of French banks during 2006-2008 and the financial support measures taken by the French government. French banks were not immune but proved relatively resilient to the global financial crisis reflecting...
Persistent link: https://www.econbiz.de/10008528665
The paper's central theme is that where a financial crisis emerges, regional supervisors should have systems in place to effectively respond to their country-specific crises and-in the case of foreign operations and financial conglomerates-to collaborate comprehensively with other supervisory...
Persistent link: https://www.econbiz.de/10005604784