The banking system in emerging economies: how much progress has been made?

The banking system in emerging economies: how much progress has been made?

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The banking system in emerging economies: how much progress has been made?

BIS Papers | No 28 | 07 August 2006PDF full text (2,676kb) | 382 pagesSummaryBanking crises in emerging markets in the 1990s were associated with major macroeconomic disruptions: sharp increases in interest rates, large currency depreciations, output collapses and lasting declines in the supply of credit.

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