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Persistent link: https://www.econbiz.de/10000071365
This paper examines the mainstream theories of "financial sustainability" and "financial development". It is suggested understanding "financial development" as the complex dynamic characteristics of the financial sector, which is formed under the influence of financial and economic policy...
Persistent link: https://www.econbiz.de/10012302049
Persistent link: https://www.econbiz.de/10014252325
The stability of a banking system ultimately depends on the strength and credibility of the fiscal backstop. While large countries can still afford to resolve large global banks on their own, small and medium-sized countries face a policy choice. This paper investigates the impact of resolution...
Persistent link: https://www.econbiz.de/10012935313
The stability of a banking system ultimately depends on the strength and credibility of the fiscal backstop. While large countries can still afford to resolve large global banks on their own, small and medium-sized countries face a policy choice. This paper investigates the impact of resolution...
Persistent link: https://www.econbiz.de/10013248852
Persistent link: https://www.econbiz.de/10013557539
We study the provision of financial services to small firms, consumers, and workers in developing countries as part of value chain relationships: value chain microfinance (VCMF). We first explore how VCMF can both overcome barriers to financial access - including asymmetric information,...
Persistent link: https://www.econbiz.de/10014468284
This paper presents recent trends in bank ownership across countries and summarizes the evidence regarding the implications of bank ownership structure for bank performance and competition, financial stability, and access to finance. The evidence reviewed suggests that foreign-owned banks are...
Persistent link: https://www.econbiz.de/10012957838
Using a unique hand-collected dataset of 1,251 European Union banks and 20,850 foreign affiliates hosted in 154 countries, this paper investigates how both host country and home country regulation affect the decision on where and how to go abroad in developing countries as opposed to developed...
Persistent link: https://www.econbiz.de/10012935516
Financial sectors in the developing world pressure governments to open capital accounts, a policy which standard … restrictions in the developing world, and by examining interest group pressures for financial internationalization in Indonesia … developing world, and suggest further areas for research in the political economy of globalization …
Persistent link: https://www.econbiz.de/10013140746