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...

This evaluation covers CARDS assistance from the 2001-2006 national programmes to Montenegro.... This report was prepared by COWI A/S during the period from January 2008 to June 2009 and reflects the situation as of 30 April 2009, the cut-off date for the report.... The report examines the...

This ad hoc evaluation covers deconcentrated CARDS assistance from 2001-2006 national programmes to Albania.... This report was prepared by COWI A/S during the period from June to October 2008 and reflects the situation as of 16 October 2008, the cut of date for the report. The factual basis is...

This report is one of a series of six Ad Hoc and Thematic Reports which the OMAS Consortium is preparing. Its objectives are, firstly, “to assist the Candidate Countries in meeting the short and medium term challenges for accession, through analysis of OMAS experience of Monitoring and...