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liberalization of interest rates and credit should also take account of the solvency of financial and nonfinancial firms. A minimal …
Persistent link: https://www.econbiz.de/10005825950
Persistent link: https://www.econbiz.de/10005824821
The financial turmoil of the late 1990s prompted a broad search for tools and techniques for detecting and preventing financial crises, and more recent episodes of instability have high lighted the importance of continuous monitoring of financial systems as a tool for preventing crises. This...
Persistent link: https://www.econbiz.de/10005590915
Japan has made progress in addressing major economic challenges. Executive Directors emphasized for a comprehensive program designed to resolve financial and corporate sector weaknesses, end deflation, and rein in fiscal imbalances. They stressed the need to maintain strong fiscal and monetary...
Persistent link: https://www.econbiz.de/10005591740
This paper takes stock of the current state of development of the financial systems in five Central European transition economies (the Czech Republic, Hungary, Poland, the Slovak Republic, and Slovenia) that are also leading EU accession candidates. It presents both a progress report and an...
Persistent link: https://www.econbiz.de/10005248292
European countries, and finds that rapid growth of private sector credit continues to be a key challenge for most of these …
Persistent link: https://www.econbiz.de/10005263910
reviews the modernization of the banking sector and the development of competition within the sector, development of financial …
Persistent link: https://www.econbiz.de/10005252926
This study examines the recent marked slowdown in bank credit to the private sector in Latin America. Based on the …, changes in bank balance sheets are examined to determine whether the credit slowdown is merely a reflection of a slowdown in … recent studies of credit slowdowns in East Asia and Finland, the paper investigates possible causes for the slowdown in three …
Persistent link: https://www.econbiz.de/10005826373
cooperative banks in Cyprus. Credit risk appears as the main source of risk in the banking sector, with demand for real estate …Various indicators place Cyprus’s banking system soundness ahead of emerging countries but behind advanced economies …
Persistent link: https://www.econbiz.de/10011245527
In just over a decade after independence, the three Baltic countries, Estonia, Latvia, and Lithuania, have transformed themselves into fully functioning, small open-market economies that will be joining the European Union. Capital Markets and Financial Intermediation in The Baltics analyzes the...
Persistent link: https://www.econbiz.de/10005248055