0000000000940785
AUTHOR
Ramona Orăștean
Business Models in the International Banking System—From Traditional to Innovative Banks
The international banking system after the global crisis is a system different from the one before, as a result of the crisis itself and global developments (shifts in global economic power, demographic and social change, new regulations, advances in technology and new customer behaviors). This paper analyzes the developments in the banks’ business models, showing the diversity of them at the global level: from retail-funded and wholesale-funded commercial banking models to investment and digital banking business models. The study continues by presenting a performance assessment of top banks from 2008 to 2018 in terms of capital, assets and profit, using The Banker’s database. The results r…
IMF lending arrangements in emerging and developing countries – participation and prediction
AbstractThe literature on determinants of International Monetary Fund (IMF) interventions in emerging and developing countries shows that the IMF’s decisions are determined by political and economic causes. This article empirically investigates economic factors, showing that a country’s probability to sign an IMF arrangement can be predicted by looking at a core group of macroeconomic variables. Using discriminant analysis we develop a score function that allows us to predict a country’s future participation in IMF programmes. The study covers 153 emerging and developing countries, over more than 30 years (1980–2011) and 654 agreements, for both non-concessional and concessional loans. The …