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This note reviews some concepts of global liquidity and discusses measurement approaches that have been used by various interlocutors, including at the BIS, by Fund staff, and in academia. Some measures that could be regularly monitored by policy makers are presented
Persistent link: https://www.econbiz.de/10014410545
This paper provides the most comprehensive empirical study of the effectiveness of macroprudential instruments to date. Using data from 49 countries, the paper evaluates the effectiveness of macroprudential instruments in reducing systemic risk over time and across institutions and markets. The...
Persistent link: https://www.econbiz.de/10009369434
This paper is an analysis of Japan’s credit channel. The economic condition has no hindrance, but credit demand showed … aspects act as an impediment to credit control. The Executive Board expects restructuring of financial policies in government … this paper as a study of Japan’s thoughts in an efficient route to credit boom …
Persistent link: https://www.econbiz.de/10014395722
To test the role of bank lending in transmitting currency crisis we examine a panel of BIS data on bank flows to 30 … emerging markets disaggregated by 11 banking centers. We find that bank exposures to a crisis country help predict bank flows … in third countries after the Mexican and Asian crisis, but not after the Russian crisis. In the latter, there is evidence …
Persistent link: https://www.econbiz.de/10014399830
Persistent link: https://www.econbiz.de/10009582713
-20 leaders for the Fund to assess regularly the actions taken by countries to address the global crisis and accelerate …
Persistent link: https://www.econbiz.de/10014401002
crisis and other events during financial year 2009, which covers the period from May 1, 2008, through April 30, 2009. The …
Persistent link: https://www.econbiz.de/10014403938
The economic and financial crisis is affecting the fiscal accounts of virtually every country. Public sector support … governments reassess the state of their public finances in light of the global crisis and adopt strategies that will ensure medium …- and long-term fiscal sustainability. Many of the advanced economies most affected by the crisis are also those where age …
Persistent link: https://www.econbiz.de/10014404400
What is the human cost of the global economic crisis? This year’s Global Monitoring Report, The MDGs after the Crisis … countries. Although the recovery is under way, the impact of the crisis will be lasting and immeasurable. The impressive … taking multiple jobs. The crisis will also have serious costs on human development indicators: • 1.2 million more children …
Persistent link: https://www.econbiz.de/10014399405
Over the past decade, Indonesia has developed into an important regional and global economy, as well as an active participant in the G20. The chapters in this book document the substantial improvements in the quality of macroeconomic policy that Indonesia has achieved, while also clearly laying...
Persistent link: https://www.econbiz.de/10014397052