The continued rise in oil prices since 2002 has resulted in a significant increase in export revenue for oil exporting countries. This increase in the price of oil and other commodities means that OPEC countries and Russia have received, between 2003 and 2006, a windfall of 1.3 trillion dollars...

The Chinese banking system, characterized by massive government intervention, poor asset quality and low capitalization, has started a reform process based on three main pillars: (i) bank restructuring, through the cleaning-up of non-performing loans and public capital injections, particularly...

El nuevo Marco de Basilea II será importante para los países emergentes pues una buena parte de ellos ha declarado tener intención de introducir dicho Marco en un futuro más o menos cercano y los bancos internacionales que operan en muchos de estas economías estarán sujetos al nuevo Marco...