Search Results

Showing results 1 to 10 of approximately 44.

(refine search)
SORT BY: PREVIOUS / NEXT
Keywords:Argentina 

Journal Article
Foreign and domestic bank participation in emerging markets: lessons from Mexico and Argentina

It is generally agreed that strong domestic financial systems play an important role in attaining overall economic development and stabilization. The role played by foreign banks in achieving this goal, however, is still controversial. This article brings new evidence to the debate over foreign participation by examining the lending patterns of domestic and foreign banks in Argentina and Mexico during the 1990s. The authors conclude that foreign banks in both countries typically have stronger and less volatile loan growth than their domestic counterparts. The corollary to this finding, ...
Economic Policy Review , Issue Sep , Pages 17-36

Journal Article
Implications of the globalization of the banking sector: the Latin American experience

Foreign entry into domestic banking markets remains a contentious issue. Whether privatizing a state bank in Brazil or selling a failed bank in Japan, the proposed sale of a large domestic financial institution, possibly to a foreign acquirer, frequently results in a major controversy. Many Asian countries have yet to experience major foreign penetration of domestic banking markets, while Latin American countries have privatized many of their banks and have encouraged foreign banks to enter their domestic markets. ; Because many Latin American countries opened their markets during the 1990s, ...
New England Economic Review , Issue Sep , Pages 45-62

Report
On the determinants and resilience of bond flows to LDCs, 1990-1995: evidence from Argentina, Brazil and Mexico

Bond flows to Less Developed Countries (LDCs) proved more resilient than expected to the rising U.S. interest rates during 1994, raising hopes that the current episode of private capital flows to LDCs may not end in a widespread crisis as its predecessors in the 1920s and 1970s did. This paper attributes the surprising resilience of the flows to the fact that global bond issuance was a significant determinant of them, independently of U.S. (and world) interest rates. Briefly, global issuance, which recovered quickly from the shock of the first interest-rate rise in February 1994, helped ...
Research Paper , Paper 9703

Working Paper
Export market diversification and productivity improvements: theory and evidence from Argentinean firms

This paper examines the relationship between trade and investment in technology adoption when firms face demand uncertainty. Our model predicts that, for a given overall market size, exporting to several countries reduces firms' demand uncertainty and, hence, raises incentives to invest in productivity improvements. The effects of diversification are heterogeneous across firms: An additional foreign market matters more for firms exporting to fewer destinations. We test the proposed theory using a large sample of Argentinean manufacturing exporters. The predictions of the model find strong ...
Working Papers , Paper 2013-015

Working Paper
Interpreting the Pari Passu Clause in Sovereign Bond Contracts: It's All Hebrew (and Aramaic) to Me

In this comment, we take a helicopter tour of the history of notions of ?equality? and ?justice? in sovereign debt restructuring in particular, and in the division of property more generally, and show that these concerns have existed for centuries, if not millennia. We argue that the issue at stake in the interpretation of the pari passu clause is not so much the treatment of holders of identical claims?it is now customary to treat them identically?but whether the holders of different claims should be treated differently. We show that exists a customary ?principle of differentiation? that ...
Working Paper Series , Paper WP-2014-6

Conference Paper
Economic reorganization as a prerequisite to growth

Proceedings - Economic Policy Symposium - Jackson Hole

Conference Paper
Lessons from the stabilization process in Argentina (general discussion)

Proceedings - Economic Policy Symposium - Jackson Hole

Conference Paper
Lessons from the stabilization process in Argentina, 1990-1996

Proceedings - Economic Policy Symposium - Jackson Hole

Conference Paper
What lessons can be learned from recent financial crises? : the Argentine experience

Proceedings - Economic Policy Symposium - Jackson Hole

Journal Article
Argentina Agonistes

International Economic Trends , Issue Feb

FILTER BY year

FILTER BY Series

FILTER BY Content Type

Journal Article 17 items

Working Paper 17 items

Conference Paper 5 items

Report 3 items

Newsletter 1 items

Speech 1 items

show more (1)

FILTER BY Author

FILTER BY Jel Classification

E32 2 items

F34 2 items

D63 1 items

F41 1 items

F42 1 items

F43 1 items

show more (4)

FILTER BY Keywords

Argentina 44 items

Mexico 7 items

Brazil 6 items

Money 6 items

Inflation (Finance) 5 items

Financial crises - Latin America 4 items

show more (46)

PREVIOUS / NEXT