Download or read book Banking Across Boundaries written by Brett Christophers and published by John Wiley & Sons. This book was released on 2013-01-07 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: This compelling contribution to contemporary debates about the banking industry offers a unique perspective on its geographical and conceptual 'placement'. It traces the evolving links between the two, revealing how our notions of banking 'productiveness' have evolved alongside the shifting loci of banking activity. An original contribution to the urgent debates taking place on banking sparked by the current economic crisis Offers a unique perspective on the geographical and social concept of 'placement' of the banking industry Combines theoretical approaches from political economy with contemporary literature on the performativity of economics Details the globalization of Western banking, and analyzes how representations of the banking sector's productiveness have shifted throughout the evolution of Western economic theory Analyzes the social conceptualization of the nature – and value – of the banking industry Illuminates not only how economic ideas 'perform' and shape the economic world, but how those ideas are themselves always products of particular economic realities
Download or read book Banking Across Borders with Heterogeneous Banks written by Friederike Niepmann and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Banking Across Borders Are Chinese Banks Different written by Mr.Eugenio M Cerutti and published by INTERNATIONAL MONETARY FUND. This book was released on 2020-11-13 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: We explore the global footprint of Chinese banks and compare it with that of other bank nationalities. Chinese banks have become the largest cross-border creditors for almost half of all emerging market and developing economies (EMDEs). Their global reach resembles that of banks from advanced economies (AEs). We take a nationality approach as international banks, and Chinese banks in particular, grant a substantial share of their cross-border loans from affiliates located abroad. But differences remain. Using a gravity model with a novel measure of distance capturing the role of foreign affiliates across all bank nationalities, we find that larger distances deter cross-border bank lending to EMDEs more than to AEs. For Chinese banks, however, distance deters lending to EMDEs less than for peer EMDE banks. We show that for all banks combined, bilateral economic interactions like trade, FDI and portfolio investment, positively correlate with lending. Chinese banks’ lending to EMDEs also strongly correlates with trade, but not with FDI and, unlike other banks, it correlates negatively with portfolio investment.
Download or read book Bankers Without Borders Implications of Ring Fencing for European Cross Border Banks written by Ms.Anna Ilyina and published by International Monetary Fund. This book was released on 2010-11-01 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents a stylized analysis of the effects of ring-fencing (i.e., different restrictions on cross-border transfers of excess profits and/or capital between a parent bank and its subsidiaries located in different jurisdictions) on cross-border banks. Using a sample of 25 large European banking groups with subsidiaries in Central, Eastern and Southern Europe (CESE), we analyze the impact of a CESE credit shock on the capital buffers needed by the sample banking groups under different forms of ring-fencing. Our simulations show that under stricter forms of ring-fencing, sample banking groups have substantially larger needs for capital buffers at the parent and/or subsidiary level than under less strict (or in the absence of any) ring-fencing.
Download or read book Collaborate Or Perish written by William J. Bratton and published by Crown Pub. This book was released on 2012 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shares field-tested, streetwise advice by an NYC and LAPD police commissioner and a Harvard professor on how to share information and collaborate across groups, businesses and industries, outlining strategic arguments on the benefits of effective networking in today's connected world.
Download or read book Banking Beyond Boundaries written by Abhik Ray and published by . This book was released on 2011 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Banking Across Borders written by Friederike Niepmann and published by . This book was released on 2016 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: Banking across borders has risen substantially over the past two decades. Yet there is significant heterogeneity in the international and global activities of banks across countries. This paper develops and tests a theoretical model that explains this variation from an international trade theory perspective. In the model, banking across borders arises from differences in factor endowments and differences in banking sector efficiencies between countries. The paper shows how these differences determine banks' foreign asset and liability holdings as well as foreign direct investment in the banking sector. It highlights the differential effects of capital account and banking sector liberalization on banks' foreign positions and international capital flows. The model is consistent with major stylized facts on cross-border banking. The data strongly support its cross-sectional predictions.
Download or read book Banking Across Borders written by Friederike Niepmann and published by . This book was released on 2011 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis sheds light on the motives, the nature and the implications of banking across borders. In Chapter 1, co-authored with Tim Schmidt-Eisenlohr, I examine the challenges that increased nancial integration presents for policy cooperation as nancial crises and government intervention have stronger e ects beyond borders. We provide a model of international contagion allowing for bank bailouts. While a social planner trades o tax distortions, liquidation losses and intra- and inter-country income inequality, in the noncooperative game between governments there are ine ciencies due to externalities, a lack of burden sharing and free-riding. We show that, in absence of cooperation, stronger interbank linkages make government interests diverge, whereas cross-border asset holdings tend to align them. We analyze di erent forms of cooperation and their e ects on global and national welfare. In Chapter 2, I show that rst principles of international trade theory go far in explaining banking across borders. I develop and test a theoretical model where trade in banking services arises from di erences in relative factor endowments and in banking technology across countries. The analysis reveals that di erences in endowments lead to international banking where banks raise capital in the home market and lend it abroad. In contrast, di erences in banking sector e ciency make banks intermediate capital locally in the foreign market, an activity which is denoted as global banking. The foreign assets and liabilities of a banking sector re ect the importance of each of the two driving forces. Key model predictions regarding the cross-country pattern of foreign banks asset and liability holdings are strongly supported by the data. In Chapter 3, I develop a general equilibrium model that can explain heterogeneity in banks' international and global activities across countries, across banks, and over time that is consistent with empirical facts. Choosing between investing and raising deposits at home and abroad, banks sort endogenously into cross-border lending and FDI: more e cient larger banks are more likely to engage in both of these activities (extensive margin). At the same time, they hold more foreign assets and liabilities (intensive margin). The model predicts precisely how the intensive and extensive margins change as capital accounts and banking sectors become more integrated, and how they vary with recipient and source country characteristics. It shows that capital ows depend crucially on banking sector e ciency in the source and the recipient country.
Download or read book GDP written by Diane Coyle and published by Princeton University Press. This book was released on 2015-09-22 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: How GDP came to rule our lives—and why it needs to change Why did the size of the U.S. economy increase by 3 percent on one day in mid-2013—or Ghana's balloon by 60 percent overnight in 2010? Why did the U.K. financial industry show its fastest expansion ever at the end of 2008—just as the world’s financial system went into meltdown? And why was Greece’s chief statistician charged with treason in 2013 for apparently doing nothing more than trying to accurately report the size of his country’s economy? The answers to all these questions lie in the way we define and measure national economies around the world: Gross Domestic Product. This entertaining and informative book tells the story of GDP, making sense of a statistic that appears constantly in the news, business, and politics, and that seems to rule our lives—but that hardly anyone actually understands. Diane Coyle traces the history of this artificial, abstract, complex, but exceedingly important statistic from its eighteenth- and nineteenth-century precursors through its invention in the 1940s and its postwar golden age, and then through the Great Crash up to today. The reader learns why this standard measure of the size of a country’s economy was invented, how it has changed over the decades, and what its strengths and weaknesses are. The book explains why even small changes in GDP can decide elections, influence major political decisions, and determine whether countries can keep borrowing or be thrown into recession. The book ends by making the case that GDP was a good measure for the twentieth century but is increasingly inappropriate for a twenty-first-century economy driven by innovation, services, and intangible goods.
Download or read book The Great Cross Border Bank Deleveraging written by Mr.Eugenio Cerutti and published by International Monetary Fund. This book was released on 2014-09-25 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: International banks greatly reduced their direct cross-border and local affiliates’ lending as the global financial crisis strained balance sheets, lowered borrower demand, and changed government policies. Using bilateral, lender-borrower countrydata and controlling for credit demand, we show that reductions largely varied in line with markets’ prior assessments of banks’ vulnerabilities, with banks’ financial statement variables and lender-borrower country characteristics playing minor roles. We find evidence that moving resources within banking groups became more restricted as drivers of reductions in direct cross-border loans differ from those for local affiliates’ lending, especially for impaired banking systems. Home bias induced by government interventions, however, affected both equally.
Download or read book Managing Knowledge Integration Across Boundaries written by Fredrik Tell and published by Oxford University Press. This book was released on 2017 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Knowledge integration-the purposeful combination of specialized and complementary knowledge to achieve specific tasks-is increasingly important for organizations. This book offers a consistent set of ideas, methods and tools useful to interpret, analyze and act upon the processes of knowledge integration across organizational and other boundaries.
Download or read book Community Reinvestment Act written by United States. Congress. House. Committee on Banking and Financial Services. Subcommittee on Financial Institutions and Consumer Credit and published by . This book was released on 1995 with total page 874 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Banking Crisis Handbook written by Greg N Gregoriou and published by CRC Press. This book was released on 2009-12-01 with total page 630 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the Origin of the Recent Banking Crisis and how to Preclude Future CrisesShedding new light on the recent worldwide banking debacle, The Banking Crisis Handbook presents possible remedies as to what should have been done prior, during, and after the crisis. With contributions from well-known academics and professionals, the book contains e
Download or read book The Evolution of Transnational Rule Makers through Crises written by Panagiotis Delimatsis and published by Cambridge University Press. This book was released on 2023-06-30 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years transnational private regulators have emerged and multiplied. In this book, experts from various academic disciplines offer empirically grounded case studies and theoretical insights into the evolution and resilience of these bodies through crises. Transnational private regulators display considerable flexibility if compared to public institutions both in exercising their rule-making functions and adapting and transforming in light of endogenous or exogenous crises events calling for change. The contributors identify such events and reflect on their impact on transnational private rule-makers. This edited volume covers important areas of global production and finance that are associated with private rule-making and delves into procedural, substantive and practical elements of private rule-making processes. At a policy level, the book provides comparisons among practices of private bodies in various areas, allowing for important lessons to be drawn for all public and private stakeholders active in, or affected by, private and public rule-making. This title is Open Access.
Download or read book Interstate Banking written by Susan J. Aluise and published by . This book was released on 1987 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Banking Across Borders written by Friederike Niepmann and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Banking across borders has risen substantially over the past two decades. Yet there is significant heterogeneity in the international and global activities of banks across countries. This paper develops and tests a theoretical model that explains this variation from an international trade theory perspective. In the model, banking across borders arises from differences in factor endowments and differences in banking sector efficiencies between countries. The paper shows how these differences determine banks' foreign asset and liability holdings as well as foreign direct investment in the banking sector. It highlights the differential effects of capital account and banking sector liberalization on banks' foreign positions and international capital flows. The model is consistent with major stylized facts on cross-border banking. The data strongly support its cross-sectional predictions.
Download or read book The Digitalization of Money written by Gary Gorton and published by Cambridge Scholars Publishing. This book was released on 2024-07-31 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: The form of money is changing, increasingly becoming digitized. Does this change the meaning of “money”? Are these new forms of money safe? Will we soon be using this new money to buy coffee? Are there advantages to using the new money? Should the central bank issue its own digital money? These, and other questions, are addressed in this nontechnical book. To address these questions the book first considers the history of money. Then the infrastructure for the new monies is introduced: blockchain, cryptography, smart contracts, and early applications like Bitcoin. There is also another form of new money, that is not blockchain-based. It is based on a phone system, which is used to move money, and make deposits and withdraws. While blockchain-based money is embryonic, this second form of new money has changed the lives of millions of people.
