Normal view MARC view ISBD view

Leading Indicators of Banking Crises Was Asia Different?. [electronic resource] : - Washington, D.C. : International Monetary Fund, 1998. - 1 online resource (32 p.) - IMF Working Papers; Working Paper ; No. 98/91 . - IMF Working Papers; Working Paper ; No. 98/91 .

This paper examines episodes of the banking system distress and crisis in a large sample of countries. The empirical results identify several macroeconomic and financial variables as useful leading indicators. The main macroeconomic indicators were of limited value in predicting the Asian crises; the best warning signs were proxies for the vulnerability of the banking and corporate sector. Full-blown banking crises are shown to be more associated with external developments, and domestic variables are the main leading indicators of severe but contained banking distress.

ISBN: 1451951744 : 15.00 USD

ISSN: 1018-5941

Standard No.: 10.5089/9781451951745.001 doi

Subjects--Topical Terms:
Banking Crises
Banking Sector
Banking System Distress
Banking System
Banking
Leading Indicators

Subjects--Geographic Terms:
East Asia
Indonesia
Korea, Republic of
Mexico
Philippines
Thailand