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This paper presents an analysis of the effect of remittances on the current account in developing and emerging … suggest there is a positive effect of remittances on the current account contemporaneously, but that the lagged effect is … remittances have on the current account. The paper, therefore, asserts that policy makers face trade-offs pertaining to the use of …
Persistent link: https://www.econbiz.de/10012912329
The global financial crisis has uncovered a number of weaknesses in the supervision and regulation of cross border banks. One such weakness was the lack of effective cooperation among banking supervisors. Since then, international bodies, such as the G-20, the Financial Stability Board and the...
Persistent link: https://www.econbiz.de/10012975652
Banking markets are becoming increasingly international through financial liberalization and general economic integration. Using bank-level data for 80 countries for 1988-95, the authors examine the extent of foreign ownership in national banking markets. They compare net interest margins,...
Persistent link: https://www.econbiz.de/10012966173
This paper discusses the constraints for private equity financing of small and medium enterprises in developing economies. In addition to capital, private equity investors bring knowledge and expertise to the companies in which they invest. Through active participation on the board of directors...
Persistent link: https://www.econbiz.de/10012973354
New data on export insurance and guarantees suggest that publicly backed export credit agencies have played a role to prevent a complete drying up of trade finance markets during the current financial crisis. Given that export credit agencies are mainly located in advanced and emerging...
Persistent link: https://www.econbiz.de/10012976743
Confidence in combining inflation-targeting-cum-flexible-exchange-rate regimes with isolated microprudential regulation as a means to guarantee both macroeconomic and financial stability has been shattered by the scale and synchronization of asset price booms and busts that preceded the current...
Persistent link: https://www.econbiz.de/10012974709
Bancassurance is the process of using a bank's customer relationships to sell life and non-life insurance products. In some developed countries it has had a dramatic impact on developing sales volumes, attaining market shares in excess of 50 percent in life and more than 10 percent in non-life....
Persistent link: https://www.econbiz.de/10012974989
This paper examines how international remittances are affected by structural characteristics, macroeconomic conditions … bilateral remittances from 103 Italian provinces to 87 developing countries over the period 2005-2011. Remittances are … eases access to financial services for migrants and reduces transaction costs, is positively associated with remittances …
Persistent link: https://www.econbiz.de/10012973395
This paper provides a review of the literature on the development impact of migration and remittances on origin … development implications for both sending and receiving countries. For a sending country, migration and the resulting remittances … flows, leveraging remittances for improving access to finance of recipient households and countries, improving recruitment …
Persistent link: https://www.econbiz.de/10012976168
forecasting country-level remittance flows in a manner consistent with the medium-term outlook for the global economy. Remittances …
Persistent link: https://www.econbiz.de/10012976233