| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP10194 |
| DP10194 The Impact of the Global Financial Crisis on Banking Globalization | |
| Stijn Claessens; Neeltje van Horen | |
| 发表日期 | 2014-10-12 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | Although cross-border bank lending has fallen sharply since the crisis, extending our bank ownership database from 1995-2009 up to 2013 shows only limited retrenchment in foreign bank presence. While banks from OECD countries reduced their foreign presence (but still represent 89% of foreign bank assets), those from emerging markets and developing countries expanded abroad and doubled their presence. Especially advanced countries hit by a systemic crisis reduced their presence abroad, with far flung and relatively small investments more likely to be sold. Poorer and slower growing countries host fewer banks today, while large investments less likely expanded. Conversely, faster host countries? growth and closeness to potential investors meant more entry. Lending by foreign banks locally grew more than cross-border bank claims did for the same home-host country combination, and each was driven by different factors. Altogether, our evidence shows that global banking is not becoming more fragmented, but rather is going through some important structural transformations with a greater variety of players and a more regional focus. |
| 主题 | Financial Economics ; International Macroeconomics |
| 关键词 | Foreign banks Financial globalization Global financial crisis Cross-border banking Financial fragmentation |
| URL | https://cepr.org/publications/dp10194 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/539027 |
| 推荐引用方式 GB/T 7714 | Stijn Claessens,Neeltje van Horen. DP10194 The Impact of the Global Financial Crisis on Banking Globalization. 2014. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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