Showing 1 - 10 of 31
, and financial crises are examined. The portfolio shifts during crisis periods are studied. The major lesson from these …
Persistent link: https://www.econbiz.de/10014396460
Financial sector reform in the Baltic countries is reviewed in light of the banking crises that emerged during the reform period. It is argued that the crises had their roots in the structural deficiencies specific to planned economies and the financial environment that developed before and...
Persistent link: https://www.econbiz.de/10014398351
The Thai financial system faced a crisis in 1983. Weak managerial practices and an inadequate legal and regulatory … substantial strengthening in the legal and regulatory framework. The crisis has impacted on the government budget deficit and …
Persistent link: https://www.econbiz.de/10014396255
Recapitalizing banks in a systemic crisis is a complex medium-term process that requires significant government …
Persistent link: https://www.econbiz.de/10014400966
Like most transition economies, Bulgaria, Lithuania, and Mongolia suffered severe banking crises, which had to be resolved before growth could resume. The macroeconomic and institutional failings that led to these crises are described, and parallels are drawn with the causes of banking crises in...
Persistent link: https://www.econbiz.de/10014403652
The profound structural reform underway in Eastern Europe has revealed the weakness of the banking sector there; macroeconomic stability and other reforms are thereby threatened. After an overview of recent developments in the banking sectors of these countries, a model is developed that...
Persistent link: https://www.econbiz.de/10014396262
United Kingdom, the euro area, and Japan during the recent crisis on interbank credit and liquidity risk premia …. Announcements of interest rate cuts, liquidity support, liability guarantees, and recapitalization were associated with a reduction … of interbank risk premia, albeit to a different degree during the subprime and global phases of the crisis. Decisions not …
Persistent link: https://www.econbiz.de/10014402377
This paper examines episodes of the banking system distress and crisis in a large sample of countries. The empirical …
Persistent link: https://www.econbiz.de/10014403373
banks are state-owned, there has been no banking crisis, although costs to the economy have been high. Main causes of …
Persistent link: https://www.econbiz.de/10014395886
Banks will want to influence the bank regulator to favor their interests, and they typically have the means to do so. It is shown that such ""regulatory capture"" in banking does not imply ineffectual regulation; a ""captured"" regulator may impose very tight, costly prudential requirements to...
Persistent link: https://www.econbiz.de/10014400538