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. Progress has been made toward stronger pan-European approaches. Moving banks and sovereigns jointly to safety is essential …
Persistent link: https://www.econbiz.de/10011245466
The global financial crisis has demonstrated weaknesses in resolution regimes for financial institutions around the globe, including in the European Union (EU). This paper considers the principles underlying resolution regimes for financial institutions, and draws out how a well-designed...
Persistent link: https://www.econbiz.de/10008528635
This paper explains the continuing success of European cooperative banks through evolving comparative advantages. It … governance challenges. Risks include the use of the endowment for purposes other than members' best interest, such as empire … corporate governance is warranted and that cooperatives need mechanisms enabling them to better manage their capital. …
Persistent link: https://www.econbiz.de/10005264159
The causes of the global financial crisis were multi-faceted but revealed still unresolved weaknesses in national and international financial oversight and resolution frameworks. In particular, many governments in the crisis-hit countries had to provide unprecedented levels of support to contain...
Persistent link: https://www.econbiz.de/10011245888
This paper presents a technical note on Crisis Management Arrangements for the United States. The crisis has seen widespread systemic instability, large-scale fiscal support, and an increase in moral hazard. The lack of a formal systematic process for the assessment of risks may have contributed...
Persistent link: https://www.econbiz.de/10011245009
Most banks in Paraguay appear resilient to shocks, although the exposure to large borrowers is high. The mission …
Persistent link: https://www.econbiz.de/10011245504
Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience...
Persistent link: https://www.econbiz.de/10011245879
Based on detailed regulatory intervention data among German banks during 1994-2008, we test if supervisory measures … and its duration while weak measures are insignificant. With the benefit of hindsight, we exclude banks that eventually …
Persistent link: https://www.econbiz.de/10008519496
analysis to measure efficiency and a generalized method of moments system to explain financial development. SSA banks are found …
Persistent link: https://www.econbiz.de/10008542987
benefits without unnecessary instability, requires vigilant supervision, governance, and monetary policy, and a flexible policy …
Persistent link: https://www.econbiz.de/10008528666