Call For Papers
Global Banking, Financial Markets and Crises (A special issue of International Finance Review)

VOLUME EDITORS:
Bang Nam Jeon, Drexel University
Maria Pia Olivero, Drexel University

This edited book is scheduled as volume 14 of International Finance Review (IFR), an annual book series, published by Emerald Group Publishing. The IFR publishes theme-oriented volumes on various issues in international finance, economics, accounting and strategy.

ABOUT THE NEW VOLUME: One of the most salient features of the 2007-9 global financial crisis was the role played by global banking and multinational banks in international shock transmission and credit stability. The literature has argued that through their cross-border lending and/or internal capital markets, global banks have played a central role in the 'sudden stop' or 'reversal' of global capital flows from developed countries to emerging economies and in the international transmission of financial shocks. Moreover, foreign banks in host emerging economies have been observed to play a controversial role in affecting credit stability and the monetary policy transmission mechanism during crises.

Academics and policy makers alike have debated the impact of cross-border banking and the presence of foreign banks on cross-country crisis contagion, as well as the banking sector stability and the effectiveness of monetary policy and macro-prudential regulation. A better empirical and theoretical understanding of the role of global banking and foreign banks in host economies are urgently needed to design the optimal policy responses to control contagion from abroad while harmonizing the occasional conflict of interest between multinational banks and policy makers in the host economies.

TOPICS: In order to meet this need, this volume covers the following topics (but not limited to)
- The role of global banking in international capital flows during the global financial crisis
- The impact of foreign banks on the stability of credit and the banking sector in emerging economies
- The role of multinational banks in cross-border financial shock transmission and contagion
- The regional experiences of global banking and foreign banks during crisis periods vs. noncrisis periods in Asia, Latin America, and Central and Eastern Europe
- The lending behavior of foreign banks vs. domestic banks in crisis
- Global banking operations, financial frictions and internal capital markets
- Foreign banks' mode of entry into emerging markets, performance, and host country surveillance
- Banking sector capital flows, bank leverage and global credit cycle
- Optimal responses to international banking crisis contagion and banking regulation
- Credit market frictions, global banks and international real business cycles
- Global banking, financial market integration and the transmission of business cycles
- International coordination of macro-prudential regulations and the cross-country transmission of business cycles

We invite you to submit your original research papers on these issues addressed using theoretical, empirical, institutional, or policy-oriented approaches.

PAPER SUBMISSION PROCEDURE: Interested authors are encouraged to submit completed papers, electronically in MSWord or PDF formats, via email to both of the co-editors as early as possible, no later than April 1, 2013.

Bang Nam Jeon
Department of Economics and International Business
Bennett S. LeBow College of Business
Drexel University, Philadelphia, PA 19104, USA
Email:jeonbana@gmail.com

Maria Pia Olivero
Department of Economics and International Business
Bennett S. LeBow College of Business
Drexel University, Philadelphia, PA 19104, USA
Email: maria.olivero@drexel.edu