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The Euro zone debt crisis has indeed jeopardized the recovery plans put in place post global crisis by regulators … on the topic, analyses the causes for sovereign debt crisis and presents the implications of sovereign debt crises and …
Persistent link: https://www.econbiz.de/10013082025
Interim Report are systematically evaluated. We also deal with different governance visions emerging from the ongoing euro … area crisis and starts from different views of the ‘North and the South’ of the euro area on this issue. This contribution … and debt mutualisation: competition-based fiscal federalism accompanied by a properly defined banking union. In order to …
Persistent link: https://www.econbiz.de/10010255185
maintaining financial stability in the euro area by providing vast liquidity support to commercial banks that are operating in … centrifugal forces become that ultimately might break up the single currency. Instead of a fiscal union, a euro … ; Monetary policy ; Financial crisis ; Euro area ; Financing mechanisms …
Persistent link: https://www.econbiz.de/10009624569
We explore the global footprint of Chinese banks and compare it with that of other bank nationalities. Chinese banks have become the largest cross-border creditors for almost half of all emerging market and developing economies (EMDEs). Their global reach resembles that of banks from advanced...
Persistent link: https://www.econbiz.de/10013252034
We analyze whether financial integration will lead to lower national regulation of domestic banking activities. In our model, banks? efforts and public regulation can lower the probability of bankruptcy. We contrast the national case with an integrated banking market and find that banks will...
Persistent link: https://www.econbiz.de/10010957329
We analyze whether financial integration will lead to lower national regulation of domestic banking activities. In our model, banks' efforts and public regulation can lower the probability of bankruptcy. We contrast the national case with an integrated banking market and find that banks will...
Persistent link: https://www.econbiz.de/10010295528
We develop a simple model that looks at the incentives of private banks to behave prudentially and undertake costly efforts to lower the probability of bankruptcy or having to be bailed out by a lender of last resort. Government regulators can force banks to increase efforts beyond the privately...
Persistent link: https://www.econbiz.de/10010299093
We develop a simple model that looks at the incentives of private banks to behave prudentially and undertake costly efforts to lower the probability of bankruptcy or having to be bailed out by a lender of last resort. Government regulators can force banks to increase efforts beyond the privately...
Persistent link: https://www.econbiz.de/10008533523
Persistent link: https://www.econbiz.de/10011790739
At the time of publication, this article provided the most in-depth critique of capital account liberalization in any U.S. law journal. The article stemmed from a paper presented by the author to the Seventh Annual Conference of the United States-Mexico Law Institute in Santa Fe, New Mexico on...
Persistent link: https://www.econbiz.de/10014055934