from domestic banks. As public debt approached sustainability limits in a number of countries, however, high bank exposure …

This Selected Issues paper for Chile assesses the impact of the global financial crisis on Chilean banks. It provides a … framework for analyzing government measures aimed at reducing systemic risk. The analysis suggests that Chilean banks are …, there may be risk spillovers from other banks in the region and in advanced economies. The paper also presents options for …

This paper explains the continuing success of European cooperative banks through evolving comparative advantages. It …

development and becomes relatively less important as the economy develops, and why banks may retard financial sector development …

This paper presents a model of a banking industry with heterogeneous banks that delivers predictions on the … relationship between banks' risk of failure, market structure, bank ownership, and banks' screening and bankruptcy costs. These … predictions are explored empirically using a panel of individual banks data and ownership information including more than 10 …