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The scramble to expand deposit guarantees in Europe in response to recent financial turmoil confirms that the on-going integration of European financial markets requires closer coordination of prudential policies and financial safety nets. We study the optimal design of prudential supervision...
Persistent link: https://www.econbiz.de/10014401736
International Monetary Fund Managing Director Christine Lagarde delivered this address at the Library of Congress as part of the Library's Henry A. Kissinger Lecture Series in Washington, D.C. on December 4, 2018
Persistent link: https://www.econbiz.de/10014408376
The Global Financial Safety Net (GFSN) has expanded considerably since 2008, including in the non-traditional elements of the safety net such as Regional Financing Arrangements (RFAs). The resulting multi-layered structure of the GFSN makes collaboration between its various elements more...
Persistent link: https://www.econbiz.de/10014408706
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Am 3. Januar 1992 stellte der Präsident der russischen Föderation den offiziellen Antrag auf Aufnahme in den IMF und die Weltbankgruppe. Bereits seit November 1991 besuchten IMF-Experten Moskau, um mit den russischen Behörden die Wirtschaftspolitik zu besprechen, eine fundierte...
Persistent link: https://www.econbiz.de/10000323678
A joint IMF-World Bank mission visited the Russian Federation from March 15 to 31, 2016, to conduct an assessment under the Financial Sector Assessment Program (FSAP). The mission assessed financial sector risks and vulnerabilities, assessed the quality of financial sector supervision, and...
Persistent link: https://www.econbiz.de/10012644832
. In the case of Russia, the main objective of insurance supervision is to ensure that insurers fully comply with core …
Persistent link: https://www.econbiz.de/10012644833
The overall state of financial inclusion in Russia is relatively advanced along certain basic metrics. The number of … increases experienced across all segments of the population, including for the poorest 40 percent and for women.1 Russia also … United States (32.39) and China (24.03). In addition, usage of accounts and other financial services remains low among the …
Persistent link: https://www.econbiz.de/10012644834
well as responses to a questionnaire sent out in advance were provided by the Central Bank of Russia (CBR) before and … the sector will lead to a better performing insurance market.In the case of Russia, the main objective of insurance …
Persistent link: https://www.econbiz.de/10012644836
State-owned financial institutions fall into three main groups: commercial banks, hybrid banks, and development institutions. The larger state-owned commercial banks/ groups include Sberbank, the VTB Bank group, and Gazprombank. Like private commercial banks, these institutions do not have a...
Persistent link: https://www.econbiz.de/10012644837