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The profound structural reform underway in Eastern Europe has revealed the weakness of the banking sector there; macroeconomic stability and other reforms are thereby threatened. After an overview of recent developments in the banking sectors of these countries, a model is developed that...
Persistent link: https://www.econbiz.de/10014396262
, crisis management, and bank resolution. Although Sweden crisis management fared well during the global financial crisis, its …
Persistent link: https://www.econbiz.de/10014398296
place to address cases of bank insolvency. It is primarily intended to inform the work of the staffs of the International … Monetary Fund (IMF) and World Bank, and to provide guidance to their member countries …
Persistent link: https://www.econbiz.de/10014410074
. Large bank failures during the global financial crisis brought home the lack of adequate tools for resolving 'too …
Persistent link: https://www.econbiz.de/10014410334
-year financial plan (2001–10) by Bank Negara Malaysia restructured the financial sector. Banks were well capitalized, household …This assessment is a review of the financial environment of Malaysia. Like many other Asian countries, Malaysia … debts were strengthened, and securities and insurances were developed. Malaysia thus became the global center for Islamic …
Persistent link: https://www.econbiz.de/10011242711
significant shocks. The Central Bank of Kuwait's (CBK) well-designed framework for banks has proven effective in shielding the …
Persistent link: https://www.econbiz.de/10011244313
weaknesses in Austria’s financial stability policy framework. Austria needs to put in place a special bank resolution regime to … authorities prefer to await the formal adoption of the European Union (EU) Directive on bank recovery and resolution, it would be … in Austria’s interest to swiftly introduce a full-fledged bank resolution framework, with a wide range of tools and …
Persistent link: https://www.econbiz.de/10011244325
This technical note discusses the lessons learned from the financial crisis in Russia in 2008. The note summarizes key findings and recommendations, and analyzes the institutional framework and coordination arrangements for systemic risk monitoring and crisis management. It also covers crisis...
Persistent link: https://www.econbiz.de/10011244415
oversight, tightening prudential regulations, and lifting bank capitalization requirements. …
Persistent link: https://www.econbiz.de/10011244435
This paper discusses Moldova’s request for a Three-Year Arrangement under the Extended Credit Facility and request for an Extended Arrangement. The economy remained overregulated and hampered by relative price distortions. High barriers to entry and low competition in telecommunications,...
Persistent link: https://www.econbiz.de/10011244523