This paper considers how an international lender of last resort (LOLR) can prevent self-fulfilling banking and currency … crises in emerging economies. We compare two different arrangements: one in which the international LOLR injects liquidity … into international financial markets, and one in which its resources are used to back domestic banking safety nets. Both …

most to study franchisors' domestic and international operations, namely agency and internationalization theory, and use …

for technology diffusion, how this changed over time, and whether international trade, foreign direct investment, and …

Now in prospect is a major revision of international bank capital regulations that would embody recent advances in …

information heavily determines the pattern of international transactions. Our model integrates elements of the finance literature … on portfolio composition and the international macroeconomics and asset trade literature. Gross asset flows depend on …

index number formula. The great variation in relative prices and quantities in the international context means that the …

intermediation to examine the role of national monetary policy in determining the international competitiveness of a national banking … generate a demand for reserve money (reserve requirements). The international competitiveness of a banking system is enhanced …