Showing 1 - 10 of 76
The existing empirical literature on banking crises has not produced agreement on their causes. Using a sample of 75 … emerging markets in 1975-1997, we attempt to determine what we know about banking crises by establishing which previous results … are robust. Among the robust causes of emerging-market banking crises are rapid domestic credit growth, large bank …
Persistent link: https://www.econbiz.de/10010538650
The growing weight of the People's Republic of China (PRC) in the world economy, measured by gross domestic product (GDP) and trade volume, has intensified debate on the potential international role of its currency - the renminbi (RMB). This paper provides an overview of RMB internationalization...
Persistent link: https://www.econbiz.de/10010397329
This paper provides an overview of the potential international role of the renminbi (RMB). Reviewing the current state, the paper finds that much progress has been made on RMB settlements for trade involving the People’s Republic of China (PRC) and on RMB-denominated bond issuance in Hong...
Persistent link: https://www.econbiz.de/10010840243
Persistent link: https://www.econbiz.de/10013535539
Persistent link: https://www.econbiz.de/10001500218
We analyze the impact of technology on production and trade in services, focusing on the foreign exchange market. We identify exogenous technological changes by the connection of countries to submarine fiber-optic cables used for electronic trading, but which were not laid for purposes related...
Persistent link: https://www.econbiz.de/10011605934
Persistent link: https://www.econbiz.de/10000897073
Persistent link: https://www.econbiz.de/10011431768
Persistent link: https://www.econbiz.de/10011437472
Persistent link: https://www.econbiz.de/10011448934