Real and Financial Vulnerabilities (Kim & Mitra)

Real and financial vulnerabilities from crossborder banking linkages by Kyunghum Kim and Srobona Mitra published by IMF (7/2014). “This paper looks at the vulnerabilities stemming from banking sector linkages between countries and their macroeconomic effects. It finds that credit risks (from a banking system’s claims on other countries) and funding risks (from a banking system’s liabilities to another) have declined over the past five years…”

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