Emerging Market Finance: New Challenges and Opportunities

Emerging economies have faced new challenges and opportunities in banking and finance in the post-crisis era, with a particular emphasis on banking. This edited volume of International Finance Review examines rising challenges facing emerging financial markets and institutions, including global banking, risk and contagion, stock market behavior, global financing for firms, and financial inclusion. It also provides insight and important policy implications for market participants, researchers, and policy makers.

\n Format: Hardback
\n Length: 296 pages
\n Publication date: 28 September 2020
\n Publisher: Emerald Publishing Limited
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In the aftermath of the crisis, emerging economies have encountered both daunting challenges and remarkable opportunities in the realm of banking and finance. The prevailing uncertainty has added an extra layer of complexity to the financial landscape, requiring these nations to adapt and evolve swiftly. This edited volume of International Finance Review presents a collection of original papers that delve into the emerging challenges confronting emerging financial markets and institutions. The topics covered include global banking, risk management, stock market behavior, global financing for firms, and financial inclusion in key emerging economies.

A significant focus is placed on banking, exploring the impact of foreign banks on domestic lending, the dynamics of bank loan pricing in the presence of corporate default risk, the determinants of nonperforming loans, and their macrofinancial implications. The chapter also examines foreign bank activities in emerging market entry, international financial shock transmission through the foreign bank lending channel via internal capital markets, and the spillover effects of global monetary shocks from advanced to emerging economies.

Furthermore, the volume emphasizes the behavior of stock markets and financing in emerging economies, particularly in the face of policy uncertainty emanating from advanced economies. Extended multifactor models are employed to analyze emerging stock markets, asymmetric volatility during geopolitical crises, the role of trade financing in the recent trade collapse, the determinants of capital structure, and social and financial inclusion in major emerging markets.

This comprehensive volume offers valuable insights and significant policy implications for market participants, researchers, and policymakers engaged in emerging market finance. It sheds light on the evolving dynamics and complexities of the financial landscape, providing valuable guidance for navigating the challenges and seizing the opportunities that arise in this rapidly changing environment.

\n Weight: 552g\n
Dimension: 159 x 239 x 17 (mm)\n
ISBN-13: 9781839820595\n \n