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Persistent link: https://www.econbiz.de/10009486190
We examine changes in bank credit across a wide range of emerging market economies during the last decade. The rich …
Persistent link: https://www.econbiz.de/10014402554
carries risks. International experience suggests that China's credit growth is on a dangerous trajectory, with increasing … risks of a disruptive adjustment and/or a marked growth slowdown. Several China-specific factors-high savings, current …
Persistent link: https://www.econbiz.de/10011799612
This paper assesses the degree of bank competition and discusses efficiency with regard to banks'' financial …
Persistent link: https://www.econbiz.de/10014401037
This paper is an empirical analysis of competitiveness in the banking system of four out of the five East African Community (EAC) countries2. The results show that the degree of competition is low due to a combination of structural and socio-economic factors. By way of preview, the analysis...
Persistent link: https://www.econbiz.de/10014396944
Persistent link: https://www.econbiz.de/10011282724
Using a comprehensive database on bank credit, covering 135 developing countries over the period 1960�2011, we identify …
Persistent link: https://www.econbiz.de/10014411922
bank to nonbank finance, including trade credits and barter trade, generating an externality on banks'' interest rates. The …
Persistent link: https://www.econbiz.de/10014404142
This paper addresses the growth, welfare, and distributional effects of credit markets. We construct a general equilibrium model where human capital is the engine of growth and individuals differ in their education abilities. We argue that the existence of credit markets encourages...
Persistent link: https://www.econbiz.de/10014396004
The purpose of this paper is to explain the humped-shaped behavior of the growth rate. Within a dynamic general equilibrium framework, it is found that, in the early stages of development, the source of growth is the reallocation of resources from sectors low-productivity sectors to...
Persistent link: https://www.econbiz.de/10014400159