Franklin

Leading Indicators of Banking Crises [electronic resource] : Was Asia Different?

Author/Creator:
International Monetary Fund
Publication:
Washington, D.C. : International Monetary Fund, 1998.
Series:
IMF eLibrary
IMF Working Papers; Working Paper No. 98/91.
IMF Working Papers; Working Paper No. 98/91
Format/Description:
Government document
Book
1 online resource (32 p.)
Local subjects:
Asian crisis.
Bank credit.
Bank deposit.
Bank failure.
Bank reserves.
Bank runs.
Bank soundness.
Bankers.
Banking.
Banking crises.
Banking crisis.
Banking distress.
Banking panics.
Banking sector.
Banking sector distress.
Banking sector fragility.
Banking sector problems.
Banking system.
Banking system distress.
Banking system fragility.
Banking systems.
Banks balance sheets.
Competitiveness.
Contagion.
Corporate sector.
Credit boom.
Crisis countries.
Crisis episodes.
Currency crises.
Currency crisis.
Deposit insurance.
Deposit insurance scheme.
Financial crises.
Financial crisis.
Foreign exchange.
Pre-crisis.
Recession.
Systemic banking crises.
Systemic crisis.
Algeria.
Botswana.
Cameroon.
Congo, Democratic Republic of the.
El Salvador.
Indonesia.
Korea, Republic of.
Mexico.
Philippines.
Thailand.
Summary:
This paper examines episodes of the banking system distress and crisis in a large sample of countries. The empirical results identify several macroeconomic and financial variables as useful leading indicators. The main macroeconomic indicators were of limited value in predicting the Asian crises; the best warning signs were proxies for the vulnerability of the banking and corporate sector. Full-blown banking crises are shown to be more associated with external developments, and domestic variables are the main leading indicators of severe but contained banking distress.
Notes:
Description based on print version record.
Contributor:
International Monetary Fund
Other format:
Print Version:
ISBN:
1451951744:
9781451951745
ISSN:
1018-5941
Publisher Number:
10.5089/9781451951745.001
Access Restriction:
Restricted for use by site license.
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