SSRN Working Paper – Internationalizing Like China

Posted on July 13, 2022July 13, 2022 by Cristina Zgherea

Author(s): Christopher Clayton, Amanda Dos Santos, Matteo Maggiori and Jesse Schreger Date: July 2022 Abstract: We empirically characterize how China is internationalizing the Renminbi by selectively opening up its domestic bond market to foreign investors and propose a dynamic reputation model to explain this internationalization strategy. The Chinese government deliberately controlled the entry of foreign[…]

June 2022: SRB Annual Report for 2021

Posted on July 13, 2022 by Cristina Zgherea

By the Single Resolution Board (SRB) The SRB today published its Annual Report for 2021. The report details the work of Europe’s Single Resolution Board and highlights the progress made in making Europe’s banking sector more stable, by ensuring all of the SRB’s banks are resolvable. The SRB focused on areas such as implementing the[…]