The Power of Banks and Governments

(2012) investigate why rating agencies issue different ratings for banks with similar financial performance but from different countries (the reliability of ratings), they employ

Based on a broad set of 714 banks across 14 East-Asian and Latin-American countries for the period 1997- end 2007, our study documents the dramatic increase in

Since our dataset covers two local elections (2003 and 2008), we are able to extend our preceding empirical analysis to test the existence of some kind of yardstick competition

A vast literature debates the role played by banks in spurring growth, good corporate governance and innovation, but the empirical evi- dence is mixed on the actual effects of more

The recent global financial crisis has shaken the celebrated paradigm of an independent central bank with monetary policy mandate focused on the paramount

The creation and management of liquidity is crucial for banks and financial institutions during financial difficulties.They need liquidity for payment of customer

• information and communication technologies must support all processes belonging to registration and all services typical for exclusion and inclusion phenomena in modern

During the initial stage of the digitalization process, government agencies in Albania started building custom made information systems from scratch, to fulfill