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...

Druck von außen gilt als einer der Faktoren, die Organisationen zu Reformen zwingen. Im Fall der internationalen Sportorganisationen scheint das nicht zu stimmen: Obwohl das IOC, die FIFA und etliche andere Verbände seit Jahren in der Kritik stehen, halten sie unbeirrt an ihrer Politik fest....