credit growth experienced by these countries. We find that, on average, both bank capitalization and lending activities in … Latin America increased after Basel. Consequently, Basel did not seem to lead to an overall credit decline. However, we do … Basel II might cause greater procyclicality of credit. …

This paper analyzes the credit crunch following the recent financial crisis in Korea. Using enterprise-level data, we … find that there were big differences in the magnitude of the credit contraction across different types of firms. In … particular, chaebol (conglomerate)-affiliated firms appeared to have lost the preferential access to credit they enjoyed in the …

This study examines the recent marked slowdown in bank credit to the private sector in Latin America. Based on the …, changes in bank balance sheets are examined to determine whether the credit slowdown is merely a reflection of a slowdown in … bank deposits, or whether the asset side has changed. Third, following an econometric disequilibrium approach used in …

closely integrated with the mainland of China. Section I provides an overview of recent macroeconomic developments and the …

This paper examines the impact of interest rates and inflation on bank loans and investment within a framework that …