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  • 标题:The euro area crisis and cross-border bank lending to emerging markets
  • 本地全文:下载
  • 作者:Stefan Avdjiev ; Zsolt Kuti ; Előd Takáts
  • 期刊名称:BIS Quarterly Review: International Banking and Financial Market Developments = BIZ-Quartalsbericht: Internationales Bankgeschäft und internationale Finanzmärkte
  • 印刷版ISSN:1012-9979
  • 出版年度:2012
  • 卷号:2012
  • 语种:English
  • 出版社:Bank for International Settlements
  • 摘要:Cross-border bank lending to emerging markets dropped sharply in the second half of 2011 as the euro area crisis intensified. Stefan Avdjiev (BIS), Zsolt Kuti (Magyar Nemzeti Bank) and Előd Takáts (BIS) use the BIS international banking statistics to identify the key drivers of this decline. Their results suggest that the latest contraction in cross-border bank lending was largely linked to the deteriorating health of euro area banks.
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