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Foreign Banks; Trends, Impact and Financial Stability

Horen, Neeltje van; Claessens, Stijn - International Monetary Fund (IMF) - 2012

This paper introduces a comprehensive database on bank ownership for 137 countries over 1995-2009, and reviews foreign … bank behavior and impact. It documents substantial increases in foreign bank presence, with many more home and host … foreign bank presence negatively related with domestic credit creation. During the global crisis foreign banks reduced credit …

Persistent link: https://www.econbiz.de/10009650620

Cyclical Patterns in Government Health Expenditures Between 1995 and 2010

Velenyi, Edit V.; Smitz, Marc F. - Economics Research, World Bank Group - 2014

The 2008-09 global economic crises have shown that no country is immune to external challenges. When policy controls are missing or not used efficiently, crises can reverse progress even in advanced economies. This unexpected outcome has increased concerns about the ability of governments in...

Persistent link: https://www.econbiz.de/10010829327

Chile; Institutions and Policies Underpinning Stability and Growth

Kalter, Eliot; Phillips, Steven; Singh, Manmohan; … - International Monetary Fund (IMF) - 2004

This paper presents the primary institutions and economic policies that have led to Chileâ€™s remarkable record of stability and growth over the past twenty years. The core of this policy stance is the combination of fiscal discipline and an open trade policy regime, together with carefully...

Persistent link: https://www.econbiz.de/10005767351

FDI Spillovers, Financial Markets and Economic Development

Sayek, Selin; Alfaro, Laura; Chanda, Areendam; … - International Monetary Fund (IMF) - 2003

This paper examines the role financial markets play in the relationship between foreign direct investment (FDI) and economic development. We model an economy with a continuum of agents indexed by their level of ability. Agents can either work for the foreign company or undertake entrepreneurial...

Persistent link: https://www.econbiz.de/10005768918

Kuwait; 2002 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Kuwait

International Monetary Fund (IMF); International … - 2003

This 2002 Article IV Consultation highlights that in 2001, overall real growth for Kuwait fell slightly as oil output dropped following OPEC-mandated production cuts. The real non-oil GDP growth decelerated to 0.5 percent from 1 percent in 2000 as the private sector investment remained broadly...

Persistent link: https://www.econbiz.de/10005825410

Being a Foreigner Among Domestic Banks; Asset or Liability?

Horen, Neeltje van; Claessens, Stijn - International Monetary Fund (IMF) - 2009

Studying a large number of banks in various countries between 1999 and 2006, we document that foreign banks perform better when from a high income country, when host country competition is limited, and when they are large and rely more on deposits for funding. Foreign banks' performance improves...

Persistent link: https://www.econbiz.de/10008497616

Taxing Financial Transactions; An Assessment of Administrative Feasibility

Brondolo, John - International Monetary Fund (IMF) - 2011

This paper considers how a tax on financial transactions could be applied to three broad and partially overlapping categories of financial instruments: (1) exchange-traded instruments; (2) over-the-counter instruments; and, (3) foreign exchange instruments. For each category, the paper examines...

Persistent link: https://www.econbiz.de/10009203525

United Kingdom-Montserrat-British Overseas Territory; 2011 Article IV Consultation

International Monetary Fund (IMF); International … - 2012

The 2011 Article IV Consultation highlights that low growth is expected for Montserrat in 2011 after sharp output contractions in 2009â€“10. Stress in the financial sector and slower-than-expected development of major capital investment projects continue to limit prospects for growth....

Persistent link: https://www.econbiz.de/10011245356

The Latin American Microfinance Industry: How Does it Measure Up?

Jansson, Tor; Taborga, Miguel - Inter-American Development Bank - 2000

This publication aims to help donors, creditors and investors evaluate the performance, condition and risk of individual microfinance institutions in Latin America and the Caribbean, in hopes of strengthening the microfinance industry and building the microenterprise sector. It provides concrete...

Persistent link: https://www.econbiz.de/10009291855

Self-regulation as a remedy for market turmoil: An over-the-counter or a prescription drug?

Senderski, Marcin - Volkswirtschaftliche Fakultät, … - 2012

The paper tackles the problem of the overwhelming regulatory burden that marks its presence in a post-crisis environment. With evidence of regulatory overload in some cases, paths for more effective design of regulatory frameworks should be sought. Although self-regulation does not enjoy...

Persistent link: https://www.econbiz.de/10011109436