IDEAS home Printed from https://ideas.repec.org/p/imf/imfwpa/2009-261.html
   My bibliography  Save this paper

Systemic Liquidity Management in the U.A.E.: Issues and Options

Author

Listed:
  • Alexandre Chailloux
  • Ms. Dalia S Hakura

Abstract

The paper analyzes the U.A.E.'s liquidity management framework in the context of the 2008 global financial crisis and the measures taken by the Central Bank of the U.A.E. to ease liquidity pressures in the second half of 2008. Drawing also on an empirical analysis of data for 15 U.A.E. banks through end-2008, the paper emphasizes the importance of making available to banks additional instruments to manage their liquidity as well as to strengthen the monitoring of a more comprehensive set of liquidity risk indicators. As regards the former, the paper discusses the merits and scope for the U.A.E. to introduce a domestic bond market.

Suggested Citation

  • Alexandre Chailloux & Ms. Dalia S Hakura, 2009. "Systemic Liquidity Management in the U.A.E.: Issues and Options," IMF Working Papers 2009/261, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2009/261
    as

    Download full text from publisher

    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=23419
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Mr. Peter Stella & Seiichi Shimizu & Mr. Simon T Gray & Mr. Ulrich H Klueh & Alexandre Chailloux, 2008. "Central Bank Response to the 2007–08 Financial Market Turbulence: Experiences and Lessons Drawn," IMF Working Papers 2008/210, International Monetary Fund.
    2. John H. Boyd & Mr. Gianni De Nicolo & Abu M. Jalal, 2009. "Bank Competition, Risk, and Asset Allocations," IMF Working Papers 2009/143, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Fisher, Paul & Grout, Paul, 2017. "Competition and prudential regulation," Bank of England working papers 675, Bank of England.
    2. Wu, Ji & Guo, Mengmeng & Chen, Minghua & Jeon, Bang Nam, 2019. "Market power and risk-taking of banks: Some semiparametric evidence from emerging economies," Emerging Markets Review, Elsevier, vol. 41(C).
    3. Bishnu Prasad Neupane, 2016. "Competition in Nepalese Commercial Banks," NRB Economic Review, Nepal Rastra Bank, Economic Research Department, vol. 28(2), pages 75-89, October.
    4. Oghenovo Adewale Obrimah & Chidinma Edith Ebere, 2015. "Consolidation Within The Banking Sector And Savings Deposits: Effects On Liquidity, Output, And Profitability Within The Nigerian Economy," Annals of Financial Economics (AFE), World Scientific Publishing Co. Pte. Ltd., vol. 10(01), pages 1-29.
    5. Paolo Angelini & Andrea Nobili & Cristina Picillo, 2011. "The Interbank Market after August 2007: What Has Changed, and Why?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 43(5), pages 923-958, August.
    6. Ronald Fischer & Nicolás Inostroza & Felipe J. Ramírez, 2013. "Banking Competition and Economic Stability," Documentos de Trabajo 296, Centro de Economía Aplicada, Universidad de Chile.
    7. Kotaro Ishi & Mr. Kenji Fujita & Mr. Mark R. Stone, 2011. "Should Unconventional Balance Sheet Policies Be Added to the Central Bank toolkit? a Review of the Experience so Far," IMF Working Papers 2011/145, International Monetary Fund.
    8. Ms. Elena Loukoianova & Mr. Gianni De Nicolo & John H. Boyd, 2009. "Banking Crises and Crisis Dating: Theory and Evidence," IMF Working Papers 2009/141, International Monetary Fund.
    9. Xavier Vives, 2011. "Competition and Stability in Banking," Central Banking, Analysis, and Economic Policies Book Series, in: Luis Felipe Céspedes & Roberto Chang & Diego Saravia (ed.),Monetary Policy under Financial Turbulence, edition 1, volume 16, chapter 12, pages 455-502, Central Bank of Chile.
    10. Hao, Kaixuan & Han, Liyan & Li, (Tony) Wei, 2022. "The impact of China's currency swap lines on bilateral trade," International Review of Economics & Finance, Elsevier, vol. 81(C), pages 173-183.
    11. Aoki, Kosuke & Nikolov, Kalin, 2015. "Bubbles, banks and financial stability," Journal of Monetary Economics, Elsevier, vol. 74(C), pages 33-51.
    12. Faris Alshubiri, 2022. "The financial competition, concentration and structure of financial performance nexus in the financial sector of Oman," Economic Change and Restructuring, Springer, vol. 55(2), pages 681-714, May.
    13. Mr. Mark R. Stone & Mr. Etienne B Yehoue & Kotaro Ishi, 2009. "Unconventional Central Bank Measures for Emerging Economies," IMF Working Papers 2009/226, International Monetary Fund.
    14. Dasol Kim & Luke Olson & Toan Phan, 2024. "Bank Competition and Strategic Adaptation to Climate Change," Working Paper 24-06, Federal Reserve Bank of Richmond.
    15. Candida Ferreira, 2023. "The Influence of Bank Performance, Market Condition and Economic Growth on Non-Performing Loansa," World Journal of Applied Economics, WERI-World Economic Research Institute, vol. 9(1), pages 77-98, June.
    16. MAMADOU ASNGAR, Thierry & ONGO NKOA, Bruno Emmanuel & WIRAJING, Muhamadu Awal Kindzeka, 2022. "The Effect Of Banking Competition On Financial Stability In Central African Economic And Monetary Community Zone," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 26(1), pages 23-50, March.
    17. Fadoua Joudar & Zouheir Msatfa & Olaya Metwalli & Maha Mouabid & Brahim Dinar, 2023. "Islamic Financial Stability Factors: An Econometric Evidence," Economies, MDPI, vol. 11(3), pages 1-13, March.
    18. Kimani, Stephanie & Atiti, Faith & Agung, Raphael, 2021. "Competition and credit allocation in Kenya," KBA Centre for Research on Financial Markets and Policy Working Paper Series 50, Kenya Bankers Association (KBA).
    19. Kraenzlin, Sébastien & Nellen, Thomas, 2015. "Access policy and money market segmentation," Journal of Monetary Economics, Elsevier, vol. 71(C), pages 1-12.
    20. Nyola, Annick Pamen & Sauviat, Alain & Tarazi, Amine & Danisman, Gamze Ozturk, 2021. "How organizational and geographic complexity influence performance: Evidence from European banks," Journal of Financial Stability, Elsevier, vol. 55(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:imf:imfwpa:2009/261. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Akshay Modi (email available below). General contact details of provider: https://edirc.repec.org/data/imfffus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.