Author/Editor: Tarhan Feyzioglu.

Release Date:August, 2009

Chinese banks generate large profits and have relatively low nonperforming loans. However, good financial performance does not, in itself, guarantee that banks efficiently intermediate the economy's more...

Author/Editor: Tarhan Feyzioglu, Nathan Porter, Elöd Takáts.

Release Date:August, 2009

What might interest rate liberalization do to intermediation and the cost of capital in China? China's most binding interest rate control is a ceiling on the deposit rate, although lending rates are more...

Author/Editor: Murtaza H Syed, Michael Skaarup, Tarhan Feyzioglu.

Release Date:January, 2008

Korea is on the verge of an unprecedented demographic shift. In coming decades, rapid aging will transform it from one of the youngest populations in the OECD to among the oldest in record time. In more...

Author/Editor: Luke Willard, Tarhan Feyzioglu.

Release Date:February, 2006

With China's share in global trade increasing rapidly, some argued in 2002-03 that China was exporting deflation to other countries as it was dumping cheap goods in mature markets. Later, others more...

Release Date:June, 2003

Deflation can be costly and difficult to anticipate, and concerns of a generalized decline in prices in both industrial and emerging market economies have increased recently. This paper investigates more...

Author/Editor: Tarhan Feyzioglu.

Release Date:September, 1997

An equilibrium exchange rate is here defined as the level that is consistent with simultaneous internal and external balances as specified in Montiel (1996). Exogenous more...