The recent financial crisis has given renewed urgency to the need for resolution systems for financial institutions, which both safeguard financial stability and limit moral hazard. However, experience demonstrates that these systems will not be effective unless progress is also made in...

This paper reviews progress under the Fund's strengthened cooperative strategy on overdue financial obligations. Since the last review, total arrears to the Fund declined by SDR 17.5 million to SDR 1,309.5 million. Payments to the Fund by Sudan and Zimbabwe were in excess of new obligations...

Financial sector liberalization can spur economic growth and development, but reforms to liberalize the financial sector can also entail risks if they are not properly designed and implemented. One of the central questions for countries reforming their financial systems is how to sequence the...

Das stetig wachsende Durchschnittsalter der Bevölkerung sowie der technische Fortschritt setzen das Gesundheitswesen unter Druck. Um zu gewährleisten, dass jedem Bürger der Anspruch auf die medizinische Grundversorgung auch in Zukunft erhalten bleibt, müssen Kosten reduziert und Fehler im...