While capital inflows bring a number of benefits to recipient countries, they may also
exacerbate some risks including financial instability. In this paper, we propose that cross …

We examine whether macroprudential policies and capital controls can enhance financial
stability in the face of the risks typically associated with large capital inflows. We construct …

We examine whether macroprudential policies and capital controls can contribute to
enhancing financial stability in the face of large capital inflows. We construct new indices of …

An emerging consensus among scholars and policy‐makers identifies foreign capital inflows
as one of the primary determinants of banking crises in developed countries. We challenge …

Purpose The authors investigate the impacts of international capital inflows on bank lending
in the Association of Southeast Asian Nations-6 (ASEAN-6) countries on the dynamics of …

Foreign banks have increased their market share in many emerging markets since the mid-
1990s. We analyse the stability implications of foreign banks for cross-border and domestic …

This paper provides a comparative assessment of the effectiveness of macroprudential
policies in 12 Asia-Pacific economies over 2004–2013, using databases of domestic …

In response to the Great Financial Crisis (GFC), bank regulatory regimes were tightened
world-wide to strengthen banking stability and the resilience of the banking sectors. Yet, it is …

We study the Chinese experience and provide evidence that central banks can play an
active role in safeguarding financial stability. The narrative approach is used to disentangle …

The impact of global banking on financial stability and the connected post-crisis challenges
have been under-researched before the crisis. We interpret 'global banking'as 'global central …