TY  - GEN
T1  - Global banking network and regional financial contagion.
T2  - Economics Working Papers.
A1  - Cyn-Young,Park
LA  - English
PP  - Metro Manila, Philippines
PB  - Asian Development Bank
YR  - 2018
UL  - https://tuklas.up.edu.ph/Record/UP-99796217613645564
AB  - This paper investigates and tests the role of regional exposures in financial contagion from advanced to emerging market economies through the global banking network using data on cross border bilateral bank claims and liability positions. Results indicate that direct exposures of a countrys own and the overall regions banking sectors to crisis affected countries are systematically related to bank capital outflows during the global financial crisis. A further analysis suggests more favorable behavior of the same region lender toward emerging economies during crisis.
OP  - 36
KW  - Public-private sector cooperation : Asia : Finance.
KW  - Electronic books.
ER  -