This paper explores the sovereign-bank nexus in emerging markets and developing economies: the interconnectedness between the health of the sovereign and the banking system. Data from 140 emerging markets and developing economies suggest that this nexus is rising. First, banks have increased their exposure to their sovereigns in the past decade. Second, government debt has grown, and fiscal positions have deteriorated, raising the specter of sovereign...
更多显示
详细
-
2019/07/30
-
政策研究报告
-
WPS8950
-
1
-
1
-
2019/07/30
-
Disclosed
-
The Sovereign-Bank Nexus in EMDEs : What Is It, Is It Rising, and What Are the Policy Implications ?
-
banking system asset