1. DSpace at Tribhuvan University Central Library (TUCL)
  2. ADB
  3. ADB Collections
Please use this identifier to cite or link to this item: https://elibrary.tucl.edu.np/handle/123456789/5181
Full metadata record
DC FieldValueLanguage
dc.contributor.authorADB; Park, Cyn-Young; Shin, Kwanho-
dc.date.accessioned2021-10-05T15:02:11Z-
dc.date.available2021-10-05T15:02:11Z-
dc.date.issued2017-07-
dc.identifier.isbnN/A-
dc.identifier.isbnN/A-
dc.identifier.issn23136537-
dc.identifier.issn23136545-
dc.identifier.urihttps://www.adb.org/publications/foreign-banks-financial-contagion-
dc.identifier.urihttps://elibrary.tucl.edu.np/handle/123456789/5181-
dc.descriptionThis paper develops an empirical methodology to test the contagion effect at the country level using bilateral data on bank claims between countries. Although the global financial crisis of 2008 took root in the advanced countries, its shocks spread through the emerging economies, reflecting the increasingly interconnected global financial system. The paper measures the direct and indirect exposures of emerging economies to crisis countries and tests whether these matter for capital outflows from emerging economies. It measures these exposures to the crisis-affected countries by using bilateral foreign claims sourced from Bank for International Settlements (i) consolidated banking statistics foreign claims on immediate counterparty and ultimate risk bases and (ii) locational banking statistics cross-border total claims. Results indicate that emerging market economies that were more exposed to banks from crisis-affected countries recorded more capital outflows than other countries during the global financial crisis.-
dc.format.extent25-
dc.subject.otherEconomics-
dc.subject.otherFinance sector development-
dc.subject.otherBanking and non-bank financial institutions-
dc.titleA Contagion through Exposure to Foreign Banks during the Global Financial Crisis-
local.publication.countryRegional - Asia and the Pacific-
Appears in Collections:ADB Collections

Files in This Item:
There are no files associated with this item.
Show simple item record


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.