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Titlebook: Global Banking Crises and Emerging Markets; Josef C. Brada (Professor of Economics),Paul Wacht Book 2016 The Editor(s) (if applicable) and

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The Sequence of Bank Liberalisation: Financial Repression , Capital Requirements in Russia,as she can in this way retain the benefit of increased systemic stability without incurring the cost of financial repression in terms of lower financial development. But first appearances can be deceiving. We model the interaction between reserve requirements, capital rules and banks’ risk-taking be
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Introduction,ies that can efficiently allocate resources to the most productive uses are the foundation of a successful growth strategy. Interestingly, this has not always been the case. Mid-20th-century economic development discussions paid little attention to finance; its role only became clear in the last 25
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From Reputation amidst Uncertainty to Commitment under Stress: More than a Decade of Foreign-Owned Before 1995, virtually all foreign bank entry in TEs took the form of greenfield subsidiaries set up by a foreign bank in the host country. From 1995 onward, foreign banks participated in government programmes to privatise large state-owned banks and eventually took control of these banks. Oftentime
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Banking Competition and Efficiency: A Micro-Data Analysis on the Czech Banking Industry,e potential negative effects of banking competition through excessive risk-taking by banks, which may hamper financial stability (Allen and Gale, 2004; Carletti and Hartmann, 2002). Moreover, a higher degree of competition in banking markets is expected to provide welfare gains by reducing the price
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Private-Sector Credit in Central and Eastern Europe: New (Over) Shooting Stars?, number of transition economies.. This can be attributed to a number of factors, including macroeconomic stabilization, comprehensive reforms and privatization in the financial sector, the introduction of market institutions and legal reforms. However, given the size of the recent boom in bank lendi
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