Banking

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Globalization of economic activities and advances in technology are continuously shaping the relationship between governments, regulatory bodies and private sectors. In facing such changes, governments and regulatory bodies have to reconsider their economic policies. In my disse…

This dissertation presents three essays. The first analyzes the determinants of the fiscal costs and output loss for a broad sample of countries experiencing a banking crisis. It explores three hypotheses: crisis countries with a greater supply of financial professionals, all el…

The Grameen Bank has improved the lives of several million poor people in rural Bangladesh by providing them with credit. Using an innovative group lending program, the bank has been able to recover 97% of its loans. This dissertation is an attempt to understand the intricacies …