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This paper reports on Bangladesh’s Financial System Stability Assessment. Considerable progress has been made in strengthening the resilience of the country's financial sector. Total assets of the banking sector have increased twofold since 2003, and credit to the private sector has risen...
Persistent link: https://www.econbiz.de/10011245298
This Selected Issues paper discusses the impact of global financial turmoil on Japan. It describes how close integration in global financial markets has deepened and expanded the channels for spillovers. The paper discusses options for increasing the consumption tax to finance the public pension...
Persistent link: https://www.econbiz.de/10011243246
Stress testing (ST) was undertaken as part of the Guernsey Financial sector assessment Program (FSAP) Update in order to assess the resilience of the Guernsey financial system to a variety of potential strains. The approach taken was a simulation of the effect of a potential double-dip recession...
Persistent link: https://www.econbiz.de/10014402417
structures. Furthermore, the corporate structure affects bank risk taking and affiliate size …
Persistent link: https://www.econbiz.de/10014404312
financial system in developing countries, including implicit insurance on bank liabilities, limitations of capital markets, and … lack of appropriate regulations, are sources of financial fragility. The paper concludes that close supervision of bank … penalty on banking activity or charging a fair insurance premium on bank liabilities …
Persistent link: https://www.econbiz.de/10014396313
policies. The authorities have already taken numerous welcome measures in response to the crisis. The Reserve Bank of India has …
Persistent link: https://www.econbiz.de/10011244299
This paper discusses key findings of the Second Review Under the Poverty Reduction and Growth Facility for Albania. The outlook for 2007 is positive, with growth projected at 6 percent. These developments owe much to good macroeconomic policies. All quantitative program targets were met. The...
Persistent link: https://www.econbiz.de/10011244514
This 2006 Article IV Consultation highlights that Mongolia’s macroeconomic performance in 2005–06 has been robust, underpinned by a run-up on copper and gold prices, declining inflation, and budget and external current account surpluses. Real GDP growth in 2005–06 is...
Persistent link: https://www.econbiz.de/10011245184
This paper presents empirical evidence on the effects of achieving investment grade on borrowing costs for the sovereign and the private sector. This study provides background information on sovereign credit ratings and compares Panama’s key macroeconomic and institutional characteristics...
Persistent link: https://www.econbiz.de/10011245188
Albania’s macroeconomic performance over the past year has been good, with strong growth and a significant reduction in poverty under the Poverty Reduction and Growth Facility Arrangement. Executive Directors commended the new strategy for maintaining the macroeconomic stability,...
Persistent link: https://www.econbiz.de/10011245430