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core and the periphery of the global financial system. Drawing on in-depth analysis of eleven countries across Africa, Asia …
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This paper proposes and applies an analytical framework to assess vulnerabilities of emerging and developing economies to the global financial and economic crisis. The analytical framework identifies six different channels of vulnerability to the global financial and economic crisis and...
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Recessions associated with banking crises are deeper and longer than other recessions. While banking crises are often believed to reflect defects in regulation and supervision, regulatory and supervisory frameworks may also determine the shape of subsequent recoveries. Combining new databases...
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Cross-border banking in emerging markets and developing economies has expanded across most World Bank regions and has …
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