requirements, the enhanced use of supervisory colleges, and proposed bank resolution regimes. In addition to analyzing recent …

distress. We build the first comprehensive dataset on China’s overseas bailouts between 2000 and 2021 and provide new insights … by the People’s Bank of China is increasingly used as a financial rescue mechanism, with more than USD 170 billion in … together, China’s overseas bailouts correspond to more than 20 percent of total IMF lending over the past decade and bailout …

matter for the relative merits of bank-based and market-based financial systems. Market-based systems work better in low rule … of law countries, while bank-based systems are more efficient in high-rule of law countries. These results are consistent … with the premise that market-based systems’ superiority in solving the incomplete information problem dominates over bank …

The aim of this paper is to analyze the effect of corruption in bank lending. Corruption is expected to hamper bank …. Nevertheless the similarities between the consequences for bank lending of law enforcement and corruption are misleading, as they … consider only judiciary corruption. Corruption can also occur in lending and may then be beneficial for bank lending via bribes …