Showing 1 - 10 of 6,502
This paper discusses the experience of the EU`s eight new member countries (EU8) between 1995 and 2003 when the bulk of capital account liberalization took place, focusing on interest-rate-sensitive portfolio flows and financial flows. It takes stock of the lessons from capital flow patterns to...
Persistent link: https://www.econbiz.de/10012774253
This paper builds a dataset on bank ownership that covers more than 6,500 banks in 181 countries (59 low-income economies, 72 middle-income economies, and 50 high-income economies) over 1995-2020. I show that until 2010, there was a reduction in state-ownership of banks and an increase foreign...
Persistent link: https://www.econbiz.de/10014249625
We discuss past performance and future challenges for the countries of Central and Eastern Europe (CEE). We highlight …
Persistent link: https://www.econbiz.de/10014555560
Europe after the global financial crisis (GFC). We find that the post-GFC recoveries in Europe have been weaker than previous …
Persistent link: https://www.econbiz.de/10012929951
that state industrial policy in Europe after 1945 had been always one of the most controversial policy fields and that its … enormous differences between nations and regions in Europe, even when they had to face similar challenges. The paradigm shift … environment favourable to competition, innovation and technology transfer. For Western Europe, it was increasing trade and …
Persistent link: https://www.econbiz.de/10010432441
The paper analyze the economic models of the well-known Eurasianist doctrine of Russian imperial thinking and the Eurasian Economic Union (EAEU). In the modern era of globalization, an alliance of countries on the basis of the Eurasianist economic model is impossible to establish. The newly...
Persistent link: https://www.econbiz.de/10012961335
Macroeconomic adjustment in the euro area periphery was more recessionary than pre-crisis imbalances would have warranted. To make this claim, this paper uses a Propensity Score Matching Model to produce counterfactuals for the Eurozone crisis countries (Greece, Portugal, Ireland, Cyprus, Spain)...
Persistent link: https://www.econbiz.de/10012866042
Macroeconomic adjustment in the euro area periphery was more recessionary than pre-crisis imbalances would have warranted. To make this claim, this paper uses a Propensity Score Matching Model to produce counterfactuals for the Eurozone crisis countries (Greece, Portugal, Ireland, Cyprus, Spain)...
Persistent link: https://www.econbiz.de/10012033212
This paper provides robust evidence that the home country identity of a foreign-owned bank is an important consideration for credit growth. Among the set of foreign-owned banks we find significant differences in loan growth between banks from advanced than emerging source countries during the...
Persistent link: https://www.econbiz.de/10012990034
Along time the European Union (EU) has been pointed as the most succeeded example of regional integration. Now, this example has been cruelly shaken by the EZ (Euro Zone) crisis, originating increasing doubts about the integration process. It is evident that the proposed solutions for attacking...
Persistent link: https://www.econbiz.de/10011515832