Markets Volatility and Performance in Emerging Markets addresses the delicate balance between capital mobility and capital …

We assemble data on the structure of bank supervision, distinguishing supervision by the central bank from supervision … countries from 1998 through 2010, we find that supervisory responsibility tends to be assigned to the central bank in low …. Countries with independent supervisors other than the central bank have fewer nonperforming loans as a share of GDP even after …

and more on banks than developed countries. What costs, if any, do Asian countries incur as a result of their heavy … dependence on bank finance and the underdevelopment of their bond market? Barry Eichengreen addresses the questions: what …