Foreign Bank Participation and Crises in Developing Countries
Foreign Bank Participation and Crises in Developing Countries
复制标题
外资银行的参与和发展中国家的危机
DOI：
10.1596/1813-9450-4128
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发表时间：
2007
期刊：
影响因子：
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通讯作者：
Maria Soledad Martinez Peria
中科院分区：
文献类型：
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作者：
Robert J. Cull;Maria Soledad Martinez Peria
本文描述了发展中国家外资银行所有权的最新趋势，总结了有关外资银行存在的原因和影响的现有证据，并重新审视了银行业危机与外资银行参与之间的联系。利用 1995 年至 2002 年间外国银行在 100 多个发展中国家持有的银行业资产份额的数据，结果显示，经历过银行业危机的国家往往比没有经历过银行业危机的国家拥有更高水平的外国银行参与度。此外，面板回归表明，外国参与因危机而增加，而不是在危机发生之前。然而，危机后外资参与度的增加与私营部门信贷的增加并不同步，这或许是因为在许多情况下外国银行收购了陷入困境的银行。
This paper describes the recent trends in foreign bank ownership in developing countries, summarizes the existing evidence on the causes and implications of foreign bank presence, and reexamines the link between banking crises and foreign bank participation. Using data on the share of banking sector assets held by foreign banks in over 100 developing countries during 1995-2002, the results show that countries that experienced a banking crisis tended to have higher levels of foreign bank participation than those that did not. Furthermore, panel regressions indicate that foreign participation increased as a result of crises rather than prior to them. However, post-crisis increases in foreign participation did not coincide with increased credit to the private sector, perhaps because in many cases foreign banks acquired distressed banks.