This paper examines possible ways for a developing country to finance budget deficits from domestic resources. It does … availability of foreign-currency deposits may have reduced the ability of the government to finance itself. …

current account deficits generating financial fragilities and vulnerability to a shock that can trigger banking and balance …

This paper presents a model of a banking industry with heterogeneous banks that delivers predictions on the …

risk-averse depositors. A "banking crisis" is defined as a case in which banks exhaust their reserve assets. Under … different model specifications, the banking industry is either a monopoly bank or a competitive banking industry. If the nominal … rate of interest (rate of inflation) is below (above) some threshold, a monopolistic banking system will always result in a …

The aim of this paper is to take a closer look at IMF conditionality in the banking sector. Our analysis shows that …-supported banking sector reform strategies has contributed to an improvement in banking sector performance, increases in the hardness …

of banking distress in Europe. We identify a set of indicators and thresholds that can help to distinguish sound banks …

This paper defines a set of banking stability measures which take account of distress dependence among the banks in a … associated with a specific bank. Our approach defines the banking system as a portfolio of banks and infers the system …

narrow banking with contemporary banking theories, and evaluates the potential consequences of narrow banking on finance and … financial debates and research. Narrow banking would prevent deposit-issuing banks from lending to the private sector and … restrict nonbank intermediaries from funding investments with demand deposits. Proponents of narrow banking defend it as a step …

This paper reviews key areas of central banking reform in a sample of centrally planned economies undergoing transition …. These objectives call for a coordinated approach to strengthening a wide range of central banking functions simultaneously …