Bonin Keynote Speaker at Banking Workshop

John Bonin, the Chester D. Hubbard Professor of Economics and Social Science, was the invited keynote speaker at the 5th annual CInSt Banking Workshop, hosted by the Center for International Studies at the National Research University Higher School of Economics in Moscow, Russia on Oct. 2.

The theme of the conference was “Banking in Emerging Markets: Challenges and Opportunities.” Bonin’s talk was titled, “Did foreign banks ‘cut and run’ or stay committed to emerging Europe during the crises?” Bonin presented research he did together with Dana Louie ’15. They examined the lending behavior of foreign banks during the global financial crisis and at the onset of the Eurozone crisis in eight new EU countries, known as “emerging Europe.”

At the conference, Bonin also served as a discussant on a paper titled “Market Discipline in Russian Regions: In Local Authorities We Trust?”