The scramble to expand deposit guarantees in Europe in response to recent financial turmoil confirms that the on-going integration of European financial markets requires closer coordination of prudential policies and financial safety nets. We study the optimal design of prudential supervision...

The Global Financial Safety Net (GFSN) has expanded considerably since 2008, including in the non-traditional elements of the safety net such as Regional Financing Arrangements (RFAs). The resulting multi-layered structure of the GFSN makes collaboration between its various elements more...

International Monetary Fund Managing Director Christine Lagarde delivered this address at the Library of Congress as part of the Library's Henry A. Kissinger Lecture Series in Washington, D.C. on December 4, 2018

The main objectives of this evaluation is to provide an overall independent and accountable assessment of the European Commission’s cooperation relations with Thailand during the 1997-2007 period, to identify lessons learnt from past cooperation and thus to assist the implementation of the...

The overall purpose of this evaluation is to ensure accountability for the use of allocated resources as well as to promote a lesson-learning culture in European Commission (EC) development cooperation. The main specific objectives of the evaluation were: •to provide the relevant external...

This review of regional integration in African, Caribbean and Pacific (ACP) countries takes a broad view of regional integration and includes various aspects of regional trade integration such as tariff reduction and covers behind the border dimensions of regional trade integration such as...