01792cas a2200253 a 4500 AALejournalIMF007119 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455227051 1018-5941 BD-DhAAL BD-DhAAL Reyes, Javier. A network analysis of global banking : 1978-2009 / Javier Reyes, Camelia Minoiu. Washington, D.C. : International Monetary Fund, 2011. 1 online resource (41 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students In this paper we explore the properties of the global banking network using cross-border bank lending data for 184 countries over 1978-2009. Specifically, we analyze financial interconnectedness using network metrics of centrality, connectivity, and clustering. We document a relatively unstable global banking network, with structural breaks in network indicators identifying several waves of capital flows. Interconnectedness rankings, especially for borrowers, are relatively volatile over the period. Connectivity tends to fall during and after systemic banking crises and sovereign debt crises. The 2008-09 global financial crisis stands out as an unusually large perturbation to the cross-border banking network. Mode of access: Internet Minoiu, Camelia. IMF Working Papers; Working Paper ; No. 2011/074 Full text available on IMF http://elibrary.imf.org/view/journals/001/2011/074/001.2011.issue-074-en.xml IMF e-Library