Showing 61 - 70 of 943,104
We develop a theoretical model showing that countercyclical transfers from a wealthy donor to a poorer recipient generate a signal of altruistic donor motivation. Using OECD foreign aid (ODA) data we find the signal present in approximately one-sixth of a large set of donor-recipient pairs. We...
Persistent link: https://www.econbiz.de/10013023940
We develop an empirical model to predict banking crises in a sample of 60 low-incomecountries (LICs) over the 1981-2015 period. Given the recent emergence of financial sectorstress associated with low commodity prices in several LICs, we assign price movements inprimary commodities a key role in...
Persistent link: https://www.econbiz.de/10012913883
Trade finance shortfalls now appear regularly. Does this matter for trade expansion and economic development in developing countries? Global trade finance has resumed following the 2009 global financial crisis. However, the pattern of recovery has been uneven across countries and categories of...
Persistent link: https://www.econbiz.de/10012882813
This paper tests the effect of sovereign debt structure on default likelihood. Sovereign debt structure is identified on the basis of maturity, creditor type and currency composition. The paper uses panel logit model to estimate the likelihood of default. The results provide evidence that...
Persistent link: https://www.econbiz.de/10013082631
Official lenders provide financial assistance to countries that face sovereign debt crisis. The availability of financial assistance has counteracting effects on the default incentives of governments. On the one hand, financial assistance can help to avoid defaults by bridging times of...
Persistent link: https://www.econbiz.de/10009748733
Trade finance shortfalls now appear regularly. Does this matter for trade expansion and economic development in developing countries? Global trade finance has resumed following the 2009 global financial crisis. However, the pattern of recovery has been uneven across countries and categories of...
Persistent link: https://www.econbiz.de/10011584075
Trade finance shortfalls now appear regularly. Does this matter for trade expansion and economic development in developing countries? Global trade finance has resumed following the 2009 global financial crisis. However, the pattern of recovery has been uneven across countries and categories of...
Persistent link: https://www.econbiz.de/10011645906
Trade finance shortfalls now appear regularly. Does this matter for trade expansion and economic development in developing countries? Global trade finance has resumed following the 2009 global financial crisis. However, the pattern of recovery has been uneven across countries and categories of...
Persistent link: https://www.econbiz.de/10011631528
Banks are a critical facilitator of trade. Without bank-intermediated trade finance, global exports and imports would come to a halt. This has been apparent during the episodes of credit rationing that accompany financial shocks. But we have little insight into the drivers of rejection pooling...
Persistent link: https://www.econbiz.de/10011612173
This paper evaluates the competitive conditions in development finance and the implications for successfully mobilising private sector finance in order to achieve the United Nations Sustainable Development Goals (SDGs). Using a market definition of cross-border development finance, the analysis...
Persistent link: https://www.econbiz.de/10013403771