Volume/Issue: 2011/132
Series: IMF Working Papers
Author(s):
Mangal Goswami
, and
Sunil Sharma
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2011
ISBN: 9781455259373
The paper makes an assessment of the progress made in developing local debt markets in emerging Asia. Market development has been limited by hurdles confronting borrowers and lenders, current and potential liquidit...
Volume/Issue: 2002/194
Series: IMF Working Papers
Author(s):
Jahangir Aziz
, and
Christoph Duenwald
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
November
2002
ISBN: 9781451859874
This paper studies the relationship between economic growth and financial development in China during the post-1978 reform period. Recent studies, based on cross-country data, have found a positive association betw...
Volume/Issue: 2002/194
Series: IMF Working Papers
Author(s):
Jahangir Aziz
, and
Christoph Duenwald
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
November
2002
DOI: http://dx.doi.org/10.5089/9781451859874.001
ISBN: 9781451859874
This paper studies the relationship between economic growth and financial development in China during the post-1978 reform period. Recent studies, based on cross-country data, have found a positive association betw...
Volume/Issue: 2019/111
Series: IMF Working Papers
Author(s):
Yu Shi
,
Robert Townsend
, and
Wu Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
21
May
2019
DOI: http://dx.doi.org/10.5089/9781498314411.001
ISBN: 9781498314411
Using business registry data from China, we show that internal capital markets in business
groups can propagate corporate shareholders' credit supply shocks to their subsidiaries.
An average of 16.7% local bank cre...
Volume/Issue: 2015/207
Series: IMF Working Papers
Author(s):
Nasha Ananchotikul
, and
Dulani Seneviratne
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
September
2015
DOI: http://dx.doi.org/10.5089/9781513516233.001
ISBN: 9781513516233
Given the heavy reliance on bank lending as the main source of financing in most Asian
economies, banks could potentially play a pivotal role in monetary policy transmission.
However, we find that Asia's bank lendi...
Volume/Issue: 2011/132
Series: IMF Working Papers
Author(s):
Mangal Goswami
, and
Sunil Sharma
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2011
DOI: http://dx.doi.org/10.5089/9781455259373.001
ISBN: 9781455259373
The paper makes an assessment of the progress made in developing local debt markets in emerging Asia. Market development has been limited by hurdles confronting borrowers and lenders, current and potential liquidit...
Volume/Issue: 2012/258
Series: IMF Working Papers
Author(s):
Shekhar Aiyar
, and
Sonali Jain-Chandra
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
October
2012
DOI: http://dx.doi.org/10.5089/9781475580914.001
ISBN: 9781475580914
During the global financial crisis, European banks contracted foreign claims on recipient economies sharply. This paper examines the impact of that deleveraging on credit supply in recipient economies, with a parti...
Volume/Issue: 2019/111
Series: IMF Working Papers
Author(s):
Yu Shi
,
Robert Townsend
, and
Wu Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
21
May
2019
ISBN: 9781498314411
Using business registry data from China, we show that internal capital markets in business
groups can propagate corporate shareholders' credit supply shocks to their subsidiaries.
An average of 16.7% local bank cre...
Volume/Issue: 2015/207
Series: IMF Working Papers
Author(s):
Nasha Ananchotikul
, and
Dulani Seneviratne
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
September
2015
ISBN: 9781513516233
Given the heavy reliance on bank lending as the main source of financing in most Asian
economies, banks could potentially play a pivotal role in monetary policy transmission.
However, we find that Asia's bank lendi...