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Assessing the Impact of the March 2023 US and Europe Banking Turmoil on East Asia's Financial Sector (Inglês)

The recent turmoil in US and European banks is a timely reminder of the potential for financial shocks to spill over into financial sectors in emerging market and developing economies. So far, banks in developing East Asia economies appear to have been relatively unaffected. This brief discusses strengths and vulnerabilities of banks in developing East Asia economies and constructs a measure of financial stress to monitor recent changes in financial...
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