Showing 1 - 10 of 178
Persistent link: https://www.econbiz.de/10014563528
The Indian banking system was initially thought to be insulated from the global financial crisis owing to heavy public ownership and cautious management. It was thus a surprise when some banks experienced deposit flight, as depositors shifted their money toward government-owned banks and...
Persistent link: https://www.econbiz.de/10010719327
Persistent link: https://www.econbiz.de/10001654030
The Indian banking system was initially thought to be insulated from the global financial crisis owing to heavy public ownership and cautious management. It was thus a surprise when some banks experienced a deposit flight, as depositors shifted their money toward government-owned banks and...
Persistent link: https://www.econbiz.de/10011258159
Persistent link: https://www.econbiz.de/10008684471
We assemble data on the structure of bank supervision, distinguishing supervision by the central bank from supervision by a nonbank governmental agency and independent from dependent governmental supervisors. Using observations for 140 countries from 1998 through 2010, we find that supervisory...
Persistent link: https://www.econbiz.de/10009278253
We analyze why the Eurozone crisis increasingly resembles Latin America’s lost decade instead of Asia’s phoenix miracle, emphasizing the roles of the real exchange rate, the external environment, and debt restructuring. In addition, we contrast the adjustment to housing bubbles in Ireland,...
Persistent link: https://www.econbiz.de/10011119781
We analyze why the Eurozone crisis increasingly resembles Latin America’s lost decade instead of Asia’s phoenix miracle, emphasizing the roles of the real exchange rate, the external environment, and debt restructuring. In addition, we contrast the adjustment to housing bubbles in Ireland,...
Persistent link: https://www.econbiz.de/10010786705
Persistent link: https://www.econbiz.de/10011695977
Governments have rarely imposed or removed capital controls in response to short-term fluctuations in output, the terms of trade, or financial-stability considerations. We show empirically that controls on the international flow of financial capital are highly durable, often remaining in place...
Persistent link: https://www.econbiz.de/10010939663