wiiw Seminar Series 'Integration in a Wider Europe'
Regular lecture series on economic policy issues of Europe and its neighbours.Series Details
Venue: wiiw
Tuesday, 30 September 2008, 4:00 pm
Recent trends in private sector capital flows clearly point to the growing financial integration of emerging market economies. What merits attention from the financial stability viewpoint is especially the large increase in inflows to emerging market banks and the non-bank private sector, and the large increase in outflows to foreign debt securities. This presentation will examine the solvency, credit and contagion risks stemming from cross-border banking flows, as well as the policy responses to these risks, focusing on recent developments in Central and Eastern Europe.