Prudential issues in less diversified economies /

Prudential issues in less diversified economies /

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Bibliographic Details
Author / Creator:	Narain, Aditya, author.
Imprint:	Washington, D.C. : International Monetary Fund, 2003.
Description:	1 online resource (31 pages).
Language:	English
Series:	IMF working paper ; WP/03/198 IMF working paper ; WP/03/198.
Subject:	Diversification in industry -- Developing countries. Credit -- Developing countries. Banks and banking -- Developing countries. Risk -- Developing countries. Banks and banking. Credit. Diversification in industry. Economic policy. Risk. Developing countries -- Economic policy. Developing countries.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12496347

Hidden Bibliographic Details
Other authors / contributors:	Rabanal, Pau, author. Byskov, Steen, author. International Monetary Fund. Monetary and Financial Systems Department.
ISBN:	1282049801 9781282049802 9781451905441 1451905440 1462322603 9781462322602 1452791546 9781452791548 9786613798107 661379810X
ISSN:	2227-8885
Notes:	Cover title. "October 2003"--Caption. At head of title: Monetary and Financial Systems Department. Includes bibliographical references (pages 30-31). Restrictions unspecified Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 English. digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
Summary:	This paper examines the prudential issues associated with credit concentration in less diversified economies (LDEs), which are identified as countries where one or two sectors represent a large share of exports. In preparing this analysis, the characteristics of their financial and banking systems and their interactions with the real sector are studied. The paper also examines the limitations on portfolio diversification confronting banks in these countries, both from the viewpoint of the real sector and of the financial system. The paper finds that banks in LDEs, particularly in low-income countries, appear to face higher risk than their peers in more diversified economies and makes suggestions for policy options and regulatory practices which could be encouraged in such systems.
Other form:	Print version: Narain, Aditya. Prudential issues in less diversified economies. Washington, D.C. : International Monetary Fund, 2003
Standard no.:	10.5089/9781451905441.001