This technical note discusses the banking system structure, performance, and medium-term challenges for Switzerland. The note discusses that the Swiss banking sector has been undergoing a substantial consolidation over the last 10 years, but retains a rich collection of institutional types...

This Selected Issues paper highlights the Philippine growth performance led by the services sector. Average GDP growth is higher in the post-Asian crisis period in the Philippines, while the majority of the Philippines’s regional peers have experienced substantially lower growth in the...

At the request of the Colombian authorities, the bank resolution regime was assessed against the Key Attributes of Effective Resolution Regimes for Financial Institutions (KAs). The assessment was conducted by staff of the Financial Stability Board (FSB), International Monetary Fund (IMF) and...

This paper describes economic developments in Colombia during the 1990s. Economic activity slowed in 1991 as financial policies were tightened to curb inflation. However, activity rebounded strongly to an average of 5 percent a year in 1992–94, buoyed by the trade and financial liberalization,...

This paper reviews economic developments in Colombia during 1990–95. In 1990–94, Colombia built upon the structural reforms initiated in the mid-1980s. The administration achieved its objective for output but not for inflation. Real GDP growth averaged 4.0 percent in 1990–94 and reached an...