Advanced Search
MyIDEAS: Login

Les Banques Étrangères En Asie Du Sud-Est : Le Rôle Des Local Claims

Contents:

Author Info

  • Delphine Lahet

    ()
    (Larefi - Laboratoire d'analyse et de recherche en économie et finance internationales - Université Montesquieu - Bordeaux IV : EA2954)

Abstract

L'objectif de l'article est d'étudier la présence des banques étrangères et leur impact sur le développement économique et financier de cinq pays asiatiques. Pour cela, nous appréhendons cette présence par les local claims, c'est-à-dire, les créances locales, notamment les activités de crédit auprès des agents locaux, de leurs filiales ou succursales implantées dans ces pays émergents, de 1994 à nos jours. Nous établissons, tout d'abord, la stratégie développée par les banques étrangères (implantations ou activités transfrontières (cross-border)) et l'identité des créanciers majoritaires : américains et britanniques et non plus japonais. Puis, nous montrons que les local claims résistent plutôt aux chocs économiques et financiers et que leur développement est bénéfique aux pays émergents, notamment les créances en monnaie locale : développement économique et financier, stabilité des financements extérieurs, assainissement du système bancaire local (rentabilité, risque, liquidité), notamment en Malaisie. En ces points, nous rejoignons les résultats que la littérature a obtenus à ce sujet sur les PECO et les pays d'Amérique latine. Néanmoins, la crise financière actuelle rappelle qu'une maison-mère en difficulté peut fragiliser sa filiale et perturber le fonctionnement du système bancaire local, donc le développement économique du pays émergent.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://hal.archives-ouvertes.fr/docs/00/64/56/27/PDF/CR09-EFI_06.pdf
Download Restriction: no

Bibliographic Info

Paper provided by HAL in its series Working Papers with number hal-00616577.

as in new window
Length:
Date of creation: 02 May 2009
Date of revision:
Handle: RePEc:hal:wpaper:hal-00616577

Note: View the original document on HAL open archive server: http://hal.archives-ouvertes.fr/hal-00616577/en/
Contact details of provider:
Web page: http://hal.archives-ouvertes.fr/

Related research

Keywords: créances locales; banques étrangères; développement financier; Asie;

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Detragiache, Enrica & Gupta, Poonam, 2006. "Foreign banks in emerging market crises: Evidence from Malaysia," Journal of Financial Stability, Elsevier, vol. 2(3), pages 217-242, October.
  2. Muhammad Al-Jasser & Ahmed Banafe, 2008. "Capital flows and financial assets in emerging markets: determinants, consequences and challenges for central banks," BIS Papers chapters, in: Bank for International Settlements (ed.), Financial globalisation and emerging market capital flows, volume 44, pages 423-426 Bank for International Settlements.
  3. James B. Ang & Warwick J. McKibbin, 2005. "Financial Liberalization, Financial Sector Development And Growth: Evidence From Malaysia," CAMA Working Papers 2005-05, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
  4. Markus Baltzer & Lorenzo Cappiello & Roberto A. De Santis & Simone Manganelli, 2008. "Measuring financial integration in new EU member states," Occasional Paper Series 81, European Central Bank.
  5. Zsófia Arvai & Karl Driessen & Ínci Ötker-Robe, 2009. "Regional Financial Interlinkages and Financial Contagion within Europe," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 59(6), pages 522-540, December.
  6. Ramon Moreno & Karsten von Kleist, 2007. "What can BIS statistics tell us about the risks of crises in emerging markets?," CGFS Papers chapters, in: Bank for International Settlements (ed.), Research on global financial stability: the use of BIS international financial statistics, volume 29, pages 3-15 Bank for International Settlements.
  7. Philip Turner, 2006. "The banking system in emerging economies: how much progress has been made?," BIS Papers chapters, in: Bank for International Settlements (ed.), The banking system in emerging economies: how much progress has been made?, volume 28, pages 1-9 Bank for International Settlements.
  8. Cappiello, Lorenzo & Gérard, Bruno & Kadareja, Arjan & Manganelli, Simone, 2006. "Financial integration of new EU Member States," Working Paper Series 0683, European Central Bank.
  9. Adam GERŠL, 2007. "Foreign Banks, Foreign Lending and Cross-Border Contagion: Evidence from the BIS Data (in English)," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 57(1-2), pages 27-40, March.
  10. R. T.A. de Haas & I. P.P van Lelyveld, 2004. "Foreign Bank Penetration and Private Sector Credit in Central and Eastern Europe," Journal of Emerging Market Finance, Institute for Financial Management and Research, vol. 3(2), pages 125-151, August.
  11. Burcu Aydin, 2008. "Banking Structure and Credit Growth in Central and Eastern European Countries," IMF Working Papers 08/215, International Monetary Fund.
  12. Patrick McGuire & Nikola Tarashev, 2008. "Bank health and lending to emerging markets," BIS Quarterly Review, Bank for International Settlements, December.
  13. Joe Peek & Eric S. Rosengren, 2000. "Implications of the globalization of the banking sector: the Latin American experience," New England Economic Review, Federal Reserve Bank of Boston, issue Sep, pages 45-62.
  14. James B. Ang, 2007. "Are Financial Sector Policies Effective in Deeping the Malaysian Financial System," DEGIT Conference Papers c012_031, DEGIT, Dynamics, Economic Growth, and International Trade.
  15. Ooi Sang Kuang, 2008. "Capital flows and financial assets in emerging markets: determinants, consequences and challenges for central banks: the Malaysian experience," BIS Papers chapters, in: Bank for International Settlements (ed.), Financial globalisation and emerging market capital flows, volume 44, pages 321-339 Bank for International Settlements.
  16. Ralph de Haas & Iman van Lelyveld, 2003. "Foreign Banks and Credit Stability in Central and Eastern Europe: A Panel Data Analysis," DNB Staff Reports (discontinued) 109, Netherlands Central Bank.
  17. Dubravko Mihaljek, 2006. "Privatisation, consolidation and the increased role of foreign banks," BIS Papers chapters, in: Bank for International Settlements (ed.), The banking system in emerging economies: how much progress has been made?, volume 28, pages 41-65 Bank for International Settlements.
  18. Yongil Jeon & Stephen M. Miller & Paul A. Natke, 2003. "Do Foreign Bank Operations Provide a Stabilizing Influence in Korea?," Working papers 2004-21, University of Connecticut, Department of Economics.
  19. Claessens, Stijn & Demirguc-Kunt, Asl[iota] & Huizinga, Harry, 2001. "How does foreign entry affect domestic banking markets?," Journal of Banking & Finance, Elsevier, vol. 25(5), pages 891-911, May.
  20. Dubravko Mihaljek, 2008. "The financial stability implications of increased capital flows for emerging market economies," BIS Papers chapters, in: Bank for International Settlements (ed.), Financial globalisation and emerging market capital flows, volume 44, pages 11-44 Bank for International Settlements.
  21. Daniel Stavárek, 2006. "Banking Efficiency in the Context of European Integration," Eastern European Economics, M.E. Sharpe, Inc., vol. 44(4), pages 5-31, August.
  22. Adam Geršl, 2007. "Foreign Banks, Foreign Lending and Cross-Border Contagion: Evidence from the BIS Data," Working Papers IES 2007/08, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Jan 2007.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:hal:wpaper:hal-00616577. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (CCSD).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.