EIB Working Paper 2023/03 -
Does an increase in lending by multinational development banks affect the private lending activity in developing countries? This paper shows that this is indeed the case using data on loans and investments by the EIB in combination with data on syndicated loans. We find that a pronounced increase in...
Сохранить в:
| Главный автор: | |
|---|---|
| Формат: | Online |
| Язык: | английский |
| Опубликовано: |
European Investment Bank
2023
|
| Предметы: | |
| Online-ссылка: | https://library.oapen.org/handle/20.500.12657/63714 |
| Метки: |
Нет меток, Требуется 1-ая метка записи!
|
| _version_ | 1869529950994825216 |
|---|---|
| author | EUROPEAN INVESTMENT BANK |
| author_browse | EUROPEAN INVESTMENT BANK |
| author_facet | EUROPEAN INVESTMENT BANK |
| author_sort | EUROPEAN INVESTMENT BANK |
| collection | Directory of Open Access Books |
| description | Does an increase in lending by multinational development banks affect the private lending activity in developing countries? This paper shows that this is indeed the case using data on loans and investments by the EIB in combination with data on syndicated loans. We find that a pronounced increase in EIB operations is followed by a surge in the number and volumes of syndicate loans in countries outside the European Union. Our results suggest that multinational banks can incentivise private sector lending by playing an important role in signalling to private markets that borrowers in emerging and developing countries are safe. |
| format | Online |
| id | doab-20.500.12854ir-101724 |
| institution | Directory of Open Access Books |
| language | eng |
| publishDate | 2023 |
| publishDateRange | 2023 |
| publishDateSort | 2023 |
| publisher | European Investment Bank |
| publisherStr | European Investment Bank |
| record_format | ojs |
| spelling | doab-20.500.12854ir-1017242025-07-31T12:14:26Z EIB Working Paper 2023/03 - EUROPEAN INVESTMENT BANK thema EDItEUR::K Economics, Finance, Business and Management Does an increase in lending by multinational development banks affect the private lending activity in developing countries? This paper shows that this is indeed the case using data on loans and investments by the EIB in combination with data on syndicated loans. We find that a pronounced increase in EIB operations is followed by a surge in the number and volumes of syndicate loans in countries outside the European Union. Our results suggest that multinational banks can incentivise private sector lending by playing an important role in signalling to private markets that borrowers in emerging and developing countries are safe. 2023-07-19T10:32:35Z 2023-07-19T10:32:35Z 2023-06-30T05:31:09Z 2023 book https://library.oapen.org/handle/20.500.12657/63714 https://directory.doabooks.org/handle/20.500.12854/101724 eng open access image/jpeg image/jpeg image/jpeg Attribution 4.0 International Attribution 4.0 International Attribution 4.0 International https://library.oapen.org/bitstream/20.500.12657/63714/1/1849787050.pdf https://library.oapen.org/bitstream/20.500.12657/63714/1/1849787050.pdf https://library.oapen.org/bitstream/20.500.12657/63714/1/1849787050.pdf European Investment Bank European Investment Bank 10.2867/455760 10.2867/455760 feca012f-a3d8-4aac-95aa-b6cf4bdbed7c Knowledge Unlatched Knowledge Unlatched (KU) KU Open Services European Investment Bank open access |
| spellingShingle | thema EDItEUR::K Economics, Finance, Business and Management EUROPEAN INVESTMENT BANK EIB Working Paper 2023/03 - |
| title | EIB Working Paper 2023/03 - |
| title_full | EIB Working Paper 2023/03 - |
| title_fullStr | EIB Working Paper 2023/03 - |
| title_full_unstemmed | EIB Working Paper 2023/03 - |
| title_short | EIB Working Paper 2023/03 - |
| title_sort | eib working paper 2023 03 |
| topic | thema EDItEUR::K Economics, Finance, Business and Management |
| topic_facet | thema EDItEUR::K Economics, Finance, Business and Management |
| url | https://library.oapen.org/handle/20.500.12657/63714 |
| work_keys_str_mv | AT europeaninvestmentbank eibworkingpaper202303 |