Showing 1 - 10 of 609
Macro-stress testing studies often rely on rather short sample periods due to the limited availability of banking data …. They may fail to appropriately account for the cyclicality in the interaction between the banking system and macroeconomic … to model the interaction between the banking sector and the macroeconomy. Our identified-VAR analysis indicates that the …
Persistent link: https://www.econbiz.de/10005818895
Upon entry into the European Union, countries become members of the Economic and Monetary Union (EMU), with a derogation from adopting the euro as their currency (that is, each country joining the EU commits to replace its national currency with the euro, but can choose when to request...
Persistent link: https://www.econbiz.de/10005767345
restructuring, and discusses the various arguments for and against public involvement in banking. …
Persistent link: https://www.econbiz.de/10005767363
This paper presents key findings of the Assessment of the Supervision and Regulation of the Financial Sector for Palau. Palau’s government has demonstrated a clear political commitment to antimoney laundering. In addition to being a signatory to the Honiara Declaration, it has more...
Persistent link: https://www.econbiz.de/10005768379
This 2002 Article IV Consultation highlights that the overall budget balance of Algeria weakened in 2001 and the first half of 2002. This deterioration mainly reflected higher spending and a decline in hydrocarbon revenues owing to a reduction in volumes and prices. The overall balance dropped...
Persistent link: https://www.econbiz.de/10005768380
This Selected Issues paper and Statistical Appendix presents five essays examining issues in the United Arab Emirates related to the financial sector, long-term fiscal trends, fiscal sustainability, the competitiveness of the non-oil economy, and the labor market, as well as estimates of the...
Persistent link: https://www.econbiz.de/10005768385
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Persistent link: https://www.econbiz.de/10005768397
of Performance Criterion. The favorable program results reflect prudent macroeconomic policies and important banking …
Persistent link: https://www.econbiz.de/10005768404
and Codes on Monetary and Financial Policy Transparency, Banking Supervision, and the Financial Action Task Force …
Persistent link: https://www.econbiz.de/10005768419
Madagascar showed satisfactory performance under the Poverty Reduction and Growth Facility (PRGF) program. Executive Directors agreed that the crisis has undermined the timely achievement of the program, requiring the government to redouble its efforts. They welcomed the 2003 budget and stressed...
Persistent link: https://www.econbiz.de/10005768438