| 000 | 02883nam a22004574a 4500 | ||
|---|---|---|---|
| 001 | WPIEA0632001 | ||
| 003 | IMF | ||
| 005 | 20190408085107.0 | ||
| 006 | m o d | ||
| 007 | cr cn||||||||| | ||
| 008 | 020129s2001 dcu o i00 0 eng d | ||
| 020 |
_a1451848420 : _c15.00 USD |
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| 020 | _z9781451848427 | ||
| 022 | _a1018-5941 | ||
| 024 | 7 |
_a10.5089/9781451848427.001 _2doi |
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| 035 | _a(IMF)WPIEA0632001 | ||
| 040 |
_aDcWaIMF _beng |
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| 100 | 1 | _aKletzer, Kenneth. | |
| 245 | 1 | 0 |
_aDomestic Bank Regulation and Financial Crises _h[electronic resource] : _bTheory and Empirical Evidence From East Asia / _cKenneth Kletzer. |
| 260 |
_aWashington, D.C. : _bInternational Monetary Fund, _c2001. |
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| 300 | _a1 online resource (50 p.) | ||
| 490 | 1 |
_aIMF Working Papers; Working Paper ; _vNo. 01/63 |
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| 520 | 3 | _aA model of the domestic financial intermediation of foreign capital inflows based on agency costs is developed for studying financial crises in emerging markets. In equilibrium, the banking system becomes progressively more fragile under imperfect prudential regulation and public sector loan guarantees until a crisis occurs with a sudden reversal of capital flows. The crisis evolves endogenously as the banking system becomes increasingly vulnerable through the renegotiation of loans after idiosyncratic firm-specific revenue shocks. The model generates dynamic relationships between foreign capital inflows, domestic investment, corporate debt and equity values in an endogenous growth model. The model's assumptions and implications for the behavior of the economy before and after crisis are compared to the experience of five East Asian economies. The case studies compare three that suffered a crisis or near-crisis, Thailand and Malaysia, to two that did not, Taiwan Province of China and Singapore, and lend support to the model. | |
| 588 | _aDescription based on print version record. | ||
| 650 | 7 |
_aBanking _2imf |
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| 650 | 7 |
_aDeposit Insurance _2imf |
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| 650 | 7 |
_aFinancial Fragility _2imf |
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| 650 | 7 |
_aForeign Capital Inflows _2imf |
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| 650 | 7 |
_aForeign Capital _2imf |
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| 650 | 7 |
_aOpen Economy Macroeconomics _2imf |
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| 651 | 7 |
_aChina, People's Republic of _2imf |
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| 651 | 7 |
_aKorea, Republic of _2imf |
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| 651 | 7 |
_aMalaysia _2imf |
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| 651 | 7 |
_aTaiwan Province of China _2imf |
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| 651 | 7 |
_aThailand _2imf |
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| 700 | 1 | _aDekle, Robert. | |
| 700 | 1 | _aKletzer, Kenneth. | |
| 776 | 0 | 8 |
_iPrint Version: _aKletzer, Kenneth. _tDomestic Bank Regulation and Financial Crises : Theory and Empirical Evidence From East Asia _dWashington, D.C. : International Monetary Fund, 2001. _z9781451848427 |
| 830 | 0 |
_aIMF Working Papers; Working Paper ; _vNo. 01/63 |
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| 856 | 4 | 0 |
_uhttp://elibrary.imf.org/view/IMF001/01859-9781451848427/01859-9781451848427/01859-9781451848427.xml _zIMF e-Library |
| 856 | 4 | 0 |
_uhttp://www.imfbookstore.org/IMFORG/9781451848427 _zIMF Book Store |
| 999 |
_c167270 _d167270 |
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