Showing 1 - 10 of 196
Like most transition economies, Bulgaria, Lithuania, and Mongolia suffered severe banking crises, which had to be …
Persistent link: https://www.econbiz.de/10014403652
The paper discusses the interrelationships between payments system reform and monetary policy implementation in selected countries in Central and Eastern Europe. The reforms in the payments system are viewed as closely interrelated with the development of money and foreign exchange markets and...
Persistent link: https://www.econbiz.de/10014398716
The paper examines the evolution of the institutional setup of Lithuania''s Currency Board Arrangement (CBA) and competitiveness from 1994 through 2001, with a view to determining the resilience of the Lithuanian CBA to external shocks in 2002-03. First, several indicators of competitiveness are...
Persistent link: https://www.econbiz.de/10014399646
Cambodia became dollarized suddenly in the early 1990s, as a result of massive dollar inflows stemming from a postconflict situation. Considering that the amount of dollars in circulation is unusually high, we attempt to estimate the true degree of dollarization empirically. Our results show...
Persistent link: https://www.econbiz.de/10014399652
Bulgaria did not have any exchange rate crisis, international bailout, bank intervention, or build-up of public debt …
Persistent link: https://www.econbiz.de/10011245064
The authorities have actively pursued restoring credibility in the financial system following the collapse of the system's fourth largest bank in 2014. To restore credibility, the authorities - in addition to requesting a Basel Core Principles (BCP) assessment in 2015 and this financial sector...
Persistent link: https://www.econbiz.de/10012247459
This Technical Note (TN) examines the current state of NPLs in Bulgaria and makes recommendations for a strategy to …
Persistent link: https://www.econbiz.de/10012247486
effective banking supervision in Bulgaria. It provides an overview of the most recent initiatives taken by the Bulgarian …
Persistent link: https://www.econbiz.de/10012247487
This Selected Issues paper on Bulgaria investigates possible driving forces behind the investment boom based on cross …-country evidence. The diagnosis of the drivers behind the investment boom is important as it is key to assessing Bulgaria’s economic … investment boom reflects to a large extent a one-off reassessment of Bulgaria’s riskiness as an investment location. The paper …
Persistent link: https://www.econbiz.de/10014405929
This report on the Observance of Standards and Codes on Fiscal Transparency on Bulgaria explains a detailed description … of practice. Important areas where Bulgaria meets the code include the consistent use of the consolidated general …
Persistent link: https://www.econbiz.de/10014406047