Search Results - subject_exact:"Internationaler Kredit"

Sovereign debt dynamics at the brink of default and the special role of supranational lenders

Zwart, Sanne - 2026

Compared with the relatively straightforward definition of a default event, assessing sovereign debt sustainability remains a grey area. The interaction between fiscal choices, lenders' expectations and economic uncertainty creates a setting in which-particularly when a default...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015610720

Dollar funding and housing markets : the role of non-US global banks

Ehlers, Torsten; Hoffmann, Mathias; Raabe, Alexander - 2026 - This version: January 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015613799

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Dollar funding and housing markets : the role of non-US global banks

Ehlers, Torsten; Hoffmann, Mathias; Raabe, Alexander - 2025 - This version: October 2025

Edition: This version: October 2025

Book / Working Paper

Foreign bonds, territorial change and repudiation : the Silesian Bonds saga

Bindseil, Ulrich; Gulati, Mitu - 2026

Once a famous tale of conquest, law and foreign bond markets, the saga of the Silesian Bonds of 1734-37 is missing from the literature on sovereign debt. The Silesian Bonds were among the earliest foreign currency sovereign bonds issued. They go into the market 84 years prior to the 1818...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015620325

Violent conflict and cross-border lending

Haas, Ralph de; Mamonov, Mikhail; Popov, Alexander; … - 2026

How do violent conflicts shape cross-border lending? Using syndicated loan data on 14,021 creditors and 97,169 firms across 179 countries, we document a dual response. Relative to domestic creditors, foreign lenders reduce overall lending by 27% (supplydriven) but increase lending to...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015644281

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Violent conflict and cross-border lending

Haas, Ralph de; Mamonov, Mikhail; Popov, Alexander; … - 2025

Book / Working Paper

Violent conflict and cross-border lending

Haas, Ralph de; Mamonov, Mikhail; Popov, Alexander; … - 2024

Book / Working Paper

States as financiers : international lending in war and peace

Horn, Sebastian; Reinhart, Carmen M.; Trebesch, Christoph - 2026

States are major international financiers, but their role is poorly understood. We study state-driven cross-border lending over two centuries using a new database covering 1.2 million official loans and grants by 134 governments and 70 multilateral institutions since 1790. We document a dual,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015664864

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States as financiers : international lending in war and peace

Horn, Sebastian; Reinhart, Carmen M.; Trebesch, Christoph - 2026

Book / Working Paper

States as Financiers : International Lending in War and Peace

Horn, Sebastian; Reinhart, Carmen M.; Trebesch, Christoph - 2026

Book / Working Paper

Bank lending and firm internal capital markets following a deglobalization shock

Imbierowicz, Björn; Nagengast, Arne J.; Prieto, Esteban; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015574492

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Bank lending and firm internal capital markets following a deglobalization shock

Imbierowicz, Björn; Nagengast, Arne J.; Prieto, Esteban; … - 2025

Book / Working Paper

Bank lending and firm internal capital markets following a deglobalization shock

Imbierowicz, Björn; Nagengast, Arne J.; Prieto, Esteban; … - 2025

Book / Working Paper

International monetary fund conditionality and structural reforms : evidence from developing countries

Apeti, Ablam Estel; Gomado, Kwamivi Mawuli - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015331832

The HIPC initiative and China's emergence as a lender : post hoc or propter hoc?

Cordella, Tito; Cufre, Maia; Presbitero, Andrea - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015560208

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The hipc initiative and China's emergence as a lender : post hoc or propter hoc

Cordella, Tito; Cufre, Maia; Presbitero, Andrea - 2025

Book / Working Paper

The HIPC Initiative and China's Emergence as a Lender : post hoc or propter hoc?

Cordella, Tito - 2025

Book / Working Paper

How China collateralizes

Gelpern, Anna; Haddad, Omar; Horn, Sebastian; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015463811

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How China collateralizes

Gelpern, Anna; Haddad, Omar; Horn, Sebastian; … - 2025

Book / Working Paper

How China collateralizes

Gelpern, Anna; Haddad, Omar; Horn, Sebastian; … - 2025

Book / Working Paper

Heterogeneous UIPDs across firms: spillovers from U.S. monetary policy shocks

Acosta-Henao, Miguel; Amado, Maria Alejandra; Martí, … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015421165

Lending : report 2024

2025

The EIB Lending Report shows where and how the EIB Group invested in 2024 - by country, sector, and priority - supporting climate, innovation and energy security across and beyond the European Union. It breaks down investment by the EIB Group's two entities, the European Investment Bank and the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015452987

A model of external debt sustainability and monetary hierarchy

Burotto, Nicolás M. - 2025

I develop a dynamic macroeconomic model of a small open economy to identify two key vulnerabilities that prevent emerging markets from fully integrating into global markets: high financial integration costs and their low position in the international monetary hierarchy. These vulnerabilities...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015438116

The response of emerging financial markets to IMF news during COVID-19 pandemic

Abuelfadl, Moustafa; Yamani, Ehab - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015459617

Stress testing Ghana's debt sustainability analysis 2010-2021

Aboagye, Anthony Qabitoo Quame - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015441801

A Stocktaking of The Current International Architecture for Resolving Sovereign Debt Involving Private Sector Creditors

2025

There have been major developments in the global economy and sovereign debt markets since the Fund’s stocktaking in 2020. The contractual framework for the resolution of privately held sovereign debt has evolved further. Progress has been made in certain areas, although gaps still remain

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015612964

Socialisation, policy opportunity, and bureaucratic bargaining : explaining China's zig-zag engagement with multilateral debt restructuring

Huang, Yufan; Bräutigam, Deborah A. - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015550592

International Debt Report 2025

2025

For more than five decades, the World Bank’s premier annual publication on debt, now titled the International Debt Report (IDR), along with the associated International Debt Statistics (IDS) database, has helped shape policies in development finance by sharing timely and comprehensive external...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015557136

Deposit specialization and lending behavior

Blickle, Kristian; Parlatore, Cecilia; Saunders, Anthony - 2025

We examine how banks' depositor composition shapes lending behavior, using granular supervisory data on deposits, loans, and securities for the largest U.S. banks. Classifying banks by depositor specialization, we find persistent differences in funding that translate to differences in asset...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015558093

IMF programs and borrowing costs does size matter?

Chahine, Salim; Panizza, Ugo; Suedekum, Guilherme - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015580798

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IMF programs and borrowing costs : does size matter?

Chahine, Salim; Panizza, Ugo; Suedekum, Guilherme - 2024

Book / Working Paper

IMF programs and borrowing costs : does size matter?

Chahine, Salim; Panizza, Ugo; Suedekum, Guilherme - 2024

Book / Working Paper

ESG lending

Kim, Sehoon; Kumar, Nitish; Lee, Jongsub; Oh, Junho - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015573449

Seniority and sovereign default : the role of official multilateral lenders

Wicht, Adrien - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015574327

Cross-border bank flows, regional household credit booms, and bank risk-taking

Boddin, Dominik; Kaat, Daniel Marcel te; Roszbach, Kasper - 2025

This paper provides novel microlevel evidence that cross-border bank flows are an important means for households to access credit, not only in emerging markets but also in advanced economies. Using supervisory bank-level data alongside household credit and consumption data from Germany, we study...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015399451

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Cross-border bank flows, regional household credit booms and bank risk-taking

Boddin, Dominik; Kaat, Daniel Marcel te; Roszbach, Kasper - 2024

Book / Working Paper

The "despotic leviathan" and its financial architecture : how IMF conditionalities deepen inequality

Mehrotra, Santosh K.; Hassan, Shady - 2025

This paper examines how IMF policies contribute to the inequality in MENA, and to a Middle-Income Trap (MIT). Developing a theory expanding Acemoglu and Robinson's "Narrow Corridor" framework, it shows how IMF conditions align domestic elite incentives with creditor interests through a...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015558456

How did the IMF evolve into a policy advisor? : shaping the conditional lending practice

Nishikawa, Teru - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015515172

Learning in World Bank Lending

2025

The World Bank Group considers itself a "Knowledge Bank." The Bank's knowledge work contributes to development outcomes both by informing clients in various policy and reform areas, and by informing staff and clients on the selection, design, and implementation of lending operations. This...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015402497

Debt sustainability assessments & their role in the global financial architecture

2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015403022

Gatekeepers of the market? : IMF surveillance and sovereign access to global finance

Aguilar Perez, Pablo - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015435923

When it rains, it pours : Mexico's bank nationalisation and the debt crisis of 1982

Flores Zendejas, Juan - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015055219

The IMF and the European debt crisis

James, Harold - 2024

This book explores the IMF's engagement in Europe in the aftermath of the 2008 global financial crisis. It explains the nature and consequences of the assistance provided to Greece, Ireland, Portugal, and Cyprus by the "troika" – the IMF, European Central Bank, and European Commission. It also...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015059709

Economic and political determinants of sovereign default and IMF credit use : a robustness assessment post 2010

Maddah, Lina; Sherry, Hassan; Zeaiter, Hussein - 2024

According to the IMF, the current public debt makes up nearly 40 percent of the global debt, marking the highest share since the mid-1960s. Despite the vast research on alarming levels of sovereign default, the literature remains inconclusive. This paper investigates macroeconomic, financial,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014636157

Why cronies don't cry? : IMF programs, Chinese lending, and leader survival

Kern, Andreas; Reinsberg, Bernhard; Shea, Patrick E. - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014550372

Can participation in IMF programs facilitate sovereign debt rescheduling? : the role of program size

Bai, Ye; Banerji, Sanjay; Wang, Zilong; Zhang, Wenjing - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014551380

Micro uncertainty and the lending channel : bank-level evidence in an emerging market

Thuy Tien Ho - 2024

Purpose: Existing research on uncertainty and bank lending has focused entirely on aggregate uncertainty (i.e., economic policy uncertainty) and its subcomponents, but not considering other uncertainty measures from the specif-ic perspective of financial markets, especially the banking sector....

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015069393

The Catalytic Impact of IMF Lending on Official Development Assistance

He, Bangyu - 2024

This paper explores the catalytic impact of IMF lending to Low-Income Countries on Official Development Assistance (ODA) during 1990-2019. It disentangles the effect on the amounts of ODA on countries’ participation in IMF programs (“extensive margin”) and the size of the IMF-supported...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015080292

The IMF's April 2024 policy reforms and sovereign debt restructuring

Henning, C. Randall - 2024

The Common Framework for Sovereign Debt Restructuring provides a process for easing debt burdens on low-income countries but has operated too slowly for the four countries that have so far sought relief under it. Official bilateral creditors that are not members of the Paris Club are often...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015075084

Channelling special drawing rights to multilateral development banks : overcoming remaining legal and political obstacles

Berensmann, Kathrin; Walle, Yabibal; Dufief, Elise; … - 2024

In 2021, the G20 committed to reallocate USD 100 billion of the International Monetary Fund's (IMF) recent allocation of Special Drawing Rights (SDRs) to low-income and vulnerable middle-income countries. However, most of these donations have been made to the IMF's Poverty Reduction and Growth...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015076839

Global banks and synthetic funding : the benefits of foreign relatives

Eguren-Martin, Fernando; Ossandon Busch, Matias; … - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014483206

Getting special drawing rights right : opportunities for re-channelling SDRs to vulnerable countries

Zattler, Jürgen - 2024

Many developing countries are still grappling with the consequences of the pandemic and the associated high debt burdens while facing huge financing needs, inter alia related to climate change. In response, the International Monetary Fund (IMF) issued $650 billion in Special Drawing Rights...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014526777

The global network of liquidity lines

Bahaj, Saleem; Fuchs, Marie; Reis, Ricardo - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014530672

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The global network of liquidity lines

Bahaj, Saleem; Fuchs, Marie; Reis, Ricardo - 2024

Book / Working Paper

Debt crises between a country and an international lender as a two-period game

Hausken, Kjell; Welburn, Jonathan William - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014535033

IMF lending in sovereign default

Stefanidis, Georgios - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014465386

International Debt Report 2023

2024

The International Debt Report (IDR) is a longstanding annual publication of the World Bank featuring external debt statistics and analysis for the 122 countries that report to the World Bank Debtor Reporting System. IDR 2023 is the 50th annual edition and includes (1) analyses of external debt...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014454404

Monetary power and vulnerability to sovereign debt crises : rethinking the global financial architecture

Lima, Karina Patrício Ferreira - 2024

This paper challenges the prevailing view in the sovereign debt literature by arguing that sovereign debt markets, in many respects, behave similarly to other credit markets. These markets are hierarchical rather than flat, inherently hybrid in nature, blending elements of public order and...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015152671

Do geopolitical interests affect how financial markets react to IMF programs?

Andresen, Lena Lee; Sturm, Jan-Egbert - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015050624

The IMF and the future of the global financial architecture

2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015173401

Draft report on the implementation of regional and international agendas and other special initiatives in Southern Africa : the Addis Ababa action agenda in Southern Africa: reporting progress on finance, trade and development cooperation : thirtieth meeting of the Intergovernmental Committee of Senior Officials and Experts of Southern Africa, 20 - 21 November 2024 Livingstone, Zambia

2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015173719

The Role of IMF Arrangements in Restoring Access to International Capital Markets

Kogan, Joseph - 2024

Using a database of emerging market fundamentals and bond index spreads across 56 frontier and emerging market countries rated below investment grade during the period 2002-22, we assess whether IMF arrangements can restore access to international capital markets (ICM) for countries in distress...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015328527

Ghana and the IMF : policy shifts, economic bailouts and macroeconomic outcomes

Karimu, Suale - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015443280

Stranded? : the IMF in a world of rising economic nationalism

Woods, Ngaire - 2024

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015045320

Sovereign Haircuts : 200 Years of Creditor Losses

Luckner, Clemens von <Graf>; Meyer, Josefin; Reinhart, … - 2024

We study sovereign external debt crises over the past 200 years, with a focus on creditor losses, or "haircuts". Our sample covers 327 sovereign debt restructurings with external private creditors over 205 default spells since 1815. Creditor losses vary widely (from none to 100%), but the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014576628

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Sovereign haircuts : 200 years of creditor losses

Luckner, Clemens von <Graf>; Meyer, Josefin; Reinhart, … - 2024

Book / Working Paper

Sovereign haircuts : 200 years of creditor losses

Luckner, Clemens von <Graf>; Meyer, Josefin; Reinhart, … - 2024

Book / Working Paper