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Since the global financial crisis in 2008/09 there has been heightened concern about the resilience of banking systems in Southeast Asia. This paper proposes a methodology that uses a macroprudential perspective to assess the resilience of banking systems in member countries of the Association...
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the Philippines. Our model shows that the impact of extremely rare typhoons on GDP could already be systemic and worsen …, partly thanks to the strength of Philippines’ banks and economy before the COVID crisis. However, more work is needed before …
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