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World Bank staff have developed the Bali Fintech Agenda, summarized in Annex I of this paper. The Agenda brings together and … policy discussions. It does not represent the work program of the IMF or the World Bank, nor does it aim to provide specific … guidance or policy advice. The Agenda will help guide the focus of IMF and World Bank staff in their work on fintech issues …
Persistent link: https://www.econbiz.de/10014408463
institutions. The larger state-owned commercial banks/ groups include Sberbank, the VTB Bank group, and Gazprombank. Like private …. The main state hybrid bank is the Russian Agricultural Bank (RAB), which has a policy mandate to focus on agribusiness …
Persistent link: https://www.econbiz.de/10012644837
The experiences of past financial crises have strengthened the Russian bank resolution framework. The resolution … framework has been effective in preserving financial stability. The effectiveness of bank resolution could be improved … public funds. To ensure adequate bank capitalization, a comprehensive review of banks' asset portfolios and collateral …
Persistent link: https://www.econbiz.de/10012246711
made by the IMF and the World Bank in their 2015 assessment report on the observance of Basel Core Principles (BCPs) for … National Bank (BNB) to address the shortcomings found in the domestic supervisory regime. It also reflects the regulatory and …
Persistent link: https://www.econbiz.de/10012247487
This Selected Issues paper reviews developments in health care spending in France and discusses the recent measures to improve the functioning of the system and contain costs. It argues that by addressing many of the issues that had bedeviled past reforms, the new measures offer a reasonable...
Persistent link: https://www.econbiz.de/10014397240
This Selected Issues paper addresses the question of what policy changes in France are needed under European Monetary Union (EMU), as regards the role of fiscal policy in stabilizing the economy. The fiscal strategy over the past two and a half decades is reviewed, and, against this background,...
Persistent link: https://www.econbiz.de/10014397924
This paper describes a financial system that should be adopted for the 21st century. The paper highlights that the financial crisis of 2008 has raised fundamental questions about how the financial industry is structured, managed, and regulated. The paper discusses that a well-functioning...
Persistent link: https://www.econbiz.de/10014397983
This Selected Issues paper analyzes developments and issues in banking and financial markets in France. The paper provides an overview of the transition from a state-directed to a market-based financial system. It adopts a comprehensive approach and discusses the outcome of this transition in...
Persistent link: https://www.econbiz.de/10014397996
This paper presents an overview of the different methodologies that can be used to measure the amount of available slack in an economy. A comparison of these alternatives reveals that the evolution of the Nairu is crucial for understanding recent cyclical developments in the French economy. A...
Persistent link: https://www.econbiz.de/10014403325
This Technical Note reviews banking sector soundness and stress testing in Serbia. Serbia’s banking sector is well capitalized and liquid, but the corporate sector’s weak performance is a source of concern because of its adverse impact on nonperforming loans. Stress tests indicate that banks...
Persistent link: https://www.econbiz.de/10014403726