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The extension of the European Union with the first “wave†of new members in 2004 and later with the second “wave†of members in 2007 brought new opportunities for the countries in Eastern Europe, being obvious that “effective utilisation of EU support can foster the...
Persistent link: https://www.econbiz.de/10010617442
The financial crisis of 2007 to the present is a crisis triggered by a liquidity shortfall in the United States banking system. It has resulted in the collapse of large financial institutions, the bailout of banks by national governments, and downturns in stock markets around the world. In many...
Persistent link: https://www.econbiz.de/10010631836
Globally, the recession has forced an important rethink on the banking industry, with banks having to reconsider the fundamentals of their ways of doing business. This is all the more so, given the high profile bank failures in 2008, and the subsequent negative publicity as governments were...
Persistent link: https://www.econbiz.de/10010632011
This paper looks at whether the tendency of some governments to borrow short term is reinforced by financial support from the International Monetary Fund. I first present a model of sovereign debt issuance at various maturities featuring endogenous liquidity crises and maturity mismatches due to...
Persistent link: https://www.econbiz.de/10010583481
focused on loans between relatives, friends and usurers. Few literatures, however, have studied the Credit NGOs (CNGOs …
Persistent link: https://www.econbiz.de/10010583919
Persistent link: https://www.econbiz.de/10010584214
This paper develops and tests a theoretical model that allows for the endogenous decision of banks to engage in international and global banking. International banking, where banks raise capital in the home market and lend it abroad, is driven by differences in factor endowments across...
Persistent link: https://www.econbiz.de/10010585876
Compared to foreign grants, do concessional loans from foreign governments and/or unsubsidized loans from foreign … given amount of resources between grants and concessional loans; and (ii) in encouraging financial market reforms. We … examine the effects of ODA grants, concessional ODA loans, and private offshore bank loans on growth rates of 131 developing …
Persistent link: https://www.econbiz.de/10010705758
Persistent link: https://www.econbiz.de/10010720862
state of Tamil Nadu in India obtain loans from a variety of domestic and international funding bodies. The focus is on the …
Persistent link: https://www.econbiz.de/10010816772