, time-varying, bilateral data on foreign bank ownership for many countries, we show that, for emerging markets, greater … local foreign bank presence, especially from the importing country, is associated with higher exports in sectors more … weaker. The presence of a bank from the importing country is also associated with higher exports in sectors with more opaque …

global factors driving cross-border bank flows, alongside country-specific factors. It confirms the explanatory power of US … financial conditions, with flows decreasing in market volatility (VIX) and term premia, and increasing in bank leverage, growth … frameworks and better bank regulation, but less so for flows to non-financial firms …

This paper studies the determinants of global liquidity using data on cross-border bank flows, with a longer time … liquidity is driven primarily by uncertainty (VIX), US monetary policy (term premia), and UK and Euro Area bank conditions … more stringent bank regulation …