Now showing items 1-10 of 105
Financial openness, domestic financial development and credit ratings
This article shows that financial openness significantly affects corporate and sovereign credit ratings and that the magnitude of this effect depends on the level of development of the domestic financial market. Issuers ...
A Chronicle of a Latin American Country Financial Crash: The Case of Venezuela
(Instituto de Investigaciones Rodolfo Quintero, 2013)
Where do we stand?
International Capital liberalization: The impact on World Development
(Universidad de Chile. Facultad de Economía y Negocios, 1997-12)
The widespread liberalization of international financial flows followed the end of the Bretton Woods system of fixed parities among the world’s major currencies. The trend toward openness has accelerated in the 1980’s and ...
Financial intermediation and its impact on capital formation in the context of the CARICOM Single Market and Economy (CSME)
(ECLAC, Subregional Headquarters for the Caribbean, 2015)
Financial liberalization, market structure and credit penetration
This paper shows that the effects of financial liberalization on the credit market of a small and capital constrained economy depend on the market structure of domestic banks prior to liberalization. Specifically, under ...