Determinants of Zombie Banks in Emerging Markets and Developing Economies

preview-18
  • Determinants of Zombie Banks in Emerging Markets and Developing Economies Book Detail

  • Author : Torsten Wezel
  • Release Date : 2024-02-23
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 36
  • ISBN 13 :
  • File Size : 5,5 MB

Determinants of Zombie Banks in Emerging Markets and Developing Economies by Torsten Wezel PDF Summary

Book Description: While deeply undercapitalized banks have been shown to misallocate credit to weak firms, the drivers of such zombie banks are less researched, particularly across countries. To furnish empirical evidence, we compile a dataset of undercapitalized banks from emerging markets and developing economies. We classify zombie banks as those not receiving remedial treatment by owners or regulators or, alternatively, remaining chronically undercapitalized. Using logit regressions, we find that country-specific factors are more influential for zombie status than bank characteristics, alhough some become significant when disaggreating by region. The paper’s overall findings imply the need for a proper regulatory framework and an effective resolution regime to deal with zombie banks more decisively.

Disclaimer: www.yourbookbest.com does not own Determinants of Zombie Banks in Emerging Markets and Developing Economies books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

World Economic Outlook, October 2018

World Economic Outlook, October 2018

File Size : 99,99 MB
Total View : 7477 Views
DOWNLOAD

Global growth for 2018–19 is projected to remain steady at its 2017 level, but its pace is less vigorous than projected in April and it has become less balanc

Global Economic Prospects, June 2021

Global Economic Prospects, June 2021

File Size : 34,34 MB
Total View : 8157 Views
DOWNLOAD

The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The glo