Are Foreign Banks a 'Safe Haven'? : Evidence from Past Banking Crises /

The presence of foreign banks in emerging markets has increased markedly over the last two decades, raising questions about their potentially stabilizing or destabilizing role during times of financial distress. Most studies on this subject have focused on banks' asset side (i.e., their lending...

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Bibliographic Details
Main Author: Adler, Gustavo
Other Authors: Cerutti, Eugenio
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2015.
Series:IMF Working Papers; Working Paper ; No. 2015/043
Online Access:Full text available on IMF