Search Results - subject:"FINANCIAL LIBERALIZATION"

Sovereign Default, Domestic Banks and Financial Institutions

Gennaioli, Nicola; Martin, Alberto; Rossi, Stefano - C.E.P.R. Discussion Papers - 2010

We build a model where sovereign defaults weaken banks’ balance sheets because banks hold sovereign bonds, causing private credit to decline. Stronger financial institutions boost default costs by amplifying these balance-sheet effects. This yields a novel complementarity between public debt...

Persistent link: https://www.econbiz.de/10008466349

Effect of catital flight on investment : evidence from emerging markets

Yalta, A. Yasemin - In: Emerging markets finance & trade : a journal of the … 46 (2010) 6, pp. 40-54

Persistent link: https://www.econbiz.de/10009238984

Confidence building in emerging stock markets

Laeven, L.; Perotti, E.C. - 2001

development and is a significant determinant of excess returns. We conclude that, just as financial liberalization, the resolution …

Persistent link: https://www.econbiz.de/10009460192

Financial Liberalization and the Evolution of Banking and Financial Risks The Case of South Korea

Demetriades, Panicos; Fattouh, Bassam; Shields, Kalvinder - Department of Economics, Leicester University - 2001

The paper provides new insights into the role of financial liberalization in the South Korean financial crisis using a … to construct summary measures of financial liberalization. Thirdly, qualitative information on the role of financial … exposure to the events surrounding the financial crisis. Fourthly, the effects of financial liberalization on the evolution of …

Persistent link: https://www.econbiz.de/10005385025

Business Sector Debt, Capital Markets Expansion and Liberalization in South Korea: Evidence from National Accounts Data

Tropeano, Domenica - Dipartimento di Istituzioni Economiche e Finanziarie, … - 2001

<span style="font-size: 9.5pt">In this work the sources of investment financing in South Korea in the period 1970-1997 are calculated following the same method used by Colin Mayer and Jenny Corbett in their influential works. An anomaly of the Korean case is stressed. In the period before the financial crisis of 1997 the...</span>

Persistent link: https://www.econbiz.de/10005403497

Confidence building in emerging markets

Perotti, Enrico C.; Laeven, Luc - 2001

development and is a significant determinant of excess returns. We conclude that, just as financial liberalization, the resolution …

Persistent link: https://www.econbiz.de/10011608862

A economia política da crise e da mudança estrutural na Ásia

Medeiros, Carlos Aguiar de - In: Revista Economia e Sociedade 17 (2001) 1, pp. 22-22

last years were strongly shaped by financial liberalization and American mercantilistic pressures. The Chinese fast growth …

Persistent link: https://www.econbiz.de/10004988711

Does Financial Liberalization Improve the Allocation of Investment? Micro Evidence from Developing Countries

Galindo, Arturo; Schiantarelli, Fabio; Weiss, Andrew - Department of Economics, Boston College - 2001

Has financial liberalization improved the efficiency with which investment funds are allocated to competing uses? In … investigate whether financial liberalization has increased the share of investment going to firms with a higher marginal return to … relationship between this index and various measures of financial liberalization. The results suggest that in the majority of cases …

Persistent link: https://www.econbiz.de/10005027880

Modern Banking and OTC Derivatives Markets; The Transformation of Global Finance and its Implications for Systemic Risk

Drees, Burkhard; Schinasi, Garry J.; Kramer, Charles … - International Monetary Fund (IMF) - 2001

Persistent link: https://www.econbiz.de/10005590943

Financial System Soundness in the Caribbean; An Initial Assessment

Cherebin, Desiree; Worrell, DeLisle; Polius, Tracy - International Monetary Fund (IMF) - 2001

A survey of the financial systems of Caribbean countries reveals systems dominated by banks, with services widely available. Jamaica is the only country to have experienced a financial crisis. The paper describes recent improvements in the regulatory framework, and examines factors, which affect...

Persistent link: https://www.econbiz.de/10005768880