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, along with variables reflecting macroeconomic conditions, the structure of the banking system, and the quality of political …
Persistent link: https://www.econbiz.de/10005825836
A healthy and dynamic financial sector is essential to achieving high and sustainable economic growth in the Maghreb region-Algeria, Libya, Mauritania, Morocco, and Tunisia. Financial integration within the Maghreb region will help deepen financial markets, increase their efficiency, and enhance...
Persistent link: https://www.econbiz.de/10005825882
A review of the experience of five developing countries in reforming their financial systems illustrates the benefits and risks, and provides lessons on the factors which contribute to successful financial sector reforms. Financial sector reforms need to be supported by active monetary policy,...
Persistent link: https://www.econbiz.de/10005825950
financial debates and research. Narrow banking would prevent deposit-issuing banks from lending to the private sector and … restrict nonbank intermediaries from funding investments with demand deposits. Proponents of narrow banking defend it as a step … narrow banking with contemporary banking theories, and evaluates the potential consequences of narrow banking on finance and …
Persistent link: https://www.econbiz.de/10005826230
In episodes of significant banking distress or perceived systemic risk to the financial system, policymakers have often … restructuring programs and may increase moral hazard going forward. Using a sample of 42 episodes of banking crises, this paper …
Persistent link: https://www.econbiz.de/10005826542
This paper argues that an optimal deposit insurance scheme would allow the level of insurance coverage to be determined by the market. Based on this principle, the paper proposes an insurance scheme that minimizes distortions and embodies fairness and credibility, two essential characteristics...
Persistent link: https://www.econbiz.de/10005768851
This study investigates the impact of financial sector reforms on interest rate spreads in the commercial banking … system in Malawi. The financial reform program commenced in 1989 when both the Reserve Bank Act and the Banking Act were … revised with the easing of entry requirements into the banking system, and indirect monetary policy instruments were …
Persistent link: https://www.econbiz.de/10005768992
and profitability. Possible factors leading to large profits in the banking system, despite wide-spread inefficiencies …
Persistent link: https://www.econbiz.de/10008528607
We study a simple general equilibrium model in which investment in a risky technology is subject to moral hazard and banks can extract market power rents. We show that more bank competition results in lower economy-wide risk, lower bank capital ratios, more efficient production plans and...
Persistent link: https://www.econbiz.de/10008528628
The global financial crisis has demonstrated weaknesses in resolution regimes for financial institutions around the globe, including in the European Union (EU). This paper considers the principles underlying resolution regimes for financial institutions, and draws out how a well-designed...
Persistent link: https://www.econbiz.de/10008528635