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exports of all five broad categories of the U.K.'s financial and insurance services. No trade barriers are found for the bulk … suggests that post-Brexit disruptions of the U.K.'s export of financial and insurance services may be minor …
Persistent link: https://www.econbiz.de/10012796259
ex-ante preparedness is needed to manage the risks. The paper discusses sovereign experience with disaster insurance as a … key instrument to mitigate the risks; proposes ways to judge the adequacy of insurance; and considers ways to enhance its … use by vulnerable countries. The paper especially aims to inform policy decisions on disaster insurance. Through …
Persistent link: https://www.econbiz.de/10012170086
invest prudently and so reduce bank risk taking. This systemic insurance effect will be relatively more important when …We revisit the link between bailouts and bank risk taking. The expectation of government support to failing banks … creates moral hazard—increases bank risk taking. However, when a bank’s success depends on both its effort and the overall …
Persistent link: https://www.econbiz.de/10014394541
This paper contains a proposal (referred to as the ""modified reverse-charging"" approach) to tax financial intermediation services under a VAT. At the heart of the proposal is the application of a reverse charge that shifts the collection of the VAT on deposit interest from depositors to banks,...
Persistent link: https://www.econbiz.de/10014404171
still in their infancy. Similarly, despite the introduction of new private sector insurance companies coverage of insurance … public ownership in banks and insurance companies, expansion of the contractual savings system through more rapid expansion … of the insurance and pension systems, greater spread of mutual funds, and development of institutional investors. It is …
Persistent link: https://www.econbiz.de/10011716448
the important role of bank profitability and asset quality in driving bank-specific return connectedness …
Persistent link: https://www.econbiz.de/10011743090
these operations. Despite a vast literature on the topic, central bank approaches and practices vary considerably. In this …
Persistent link: https://www.econbiz.de/10011436788
We examine how the development of the digital infrastructure known as the 'India Stack'-including an interoperable payments system, a universal digital ID, and other features-is delivering on the government's objective to expand the provision of financial services. While each individual...
Persistent link: https://www.econbiz.de/10012518740
financial inclusion in Cambodia. Based on a difference-in-difference analysis on bank and microfinance supervisory data, results …
Persistent link: https://www.econbiz.de/10012604813
This paper revisits the competitive environment of the banking system in Latin America and the Caribbean (LAC) and investigates the early impact of fintech development in the region thus far. Against the backdrop of high net interest margins (NIMs) and limited financial depth in the region,...
Persistent link: https://www.econbiz.de/10012605062