in real time. In this paper, systemic risk is defined as the conditional probability of a systemic banking crisis and …

expansion, assesses future trends, and evaluates its policy implications. It concludes that bank credit to the private sector is …

external public debt to multilateral creditors and a greater exposure of the domestic banking system to sovereign debt. …

The increased presence of foreign banks in a country's domestic banking system necessitates the development of … challenges which foreign banks bring to emerging market banking supervisors are also discussed. The paper also provides surveys …

A model of the domestic financial intermediation of foreign capital inflows based on agency costs is developed for … studying financial crises in emerging markets. In equilibrium, the banking system becomes progressively more fragile under … imperfect prudential regulation and public sector loan guarantees until a crisis occurs with a sudden reversal of capital flows …

The capacity of the Saudi Arabian banking sector to respond to macroeconomic shocks has been considerably strengthened … Banking Supervision, and it makes no differentiation between conventional and Sharia-compliant banking arrangements. …

burdens with large exposures to foreign exchange and inflation risk. The global banking crisis exposed Icelandâ …

This Selected Issues paper and Statistical Appendix examines banking sector developments in the Republic of Tajikistan …