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assistance-related information ("TA Information"). On the basis of this framework, management intends to issue guidelines to the …
Persistent link: https://www.econbiz.de/10014410167
This paper explains why sovereign issuers of reserve currencies do not use unexpected inflation to repudiate their foreign liabilities. Monetary restraint is exercised because of the fear that reserve users will switch to other currencies if an attempt is made to raise “excessive” revenue....
Persistent link: https://www.econbiz.de/10014396294
TA information should be disseminated more widely. The more active sharing of TA information with donors and other TA … interest in receiving information on TA that is financed by them. For TA recipient countries, the wider dissemination of TA … information among different government agencies will strengthen ownership and facilitate the more effective implementation of TA …
Persistent link: https://www.econbiz.de/10014410136
TA information should be disseminated more widely. The more active sharing of TA information with donors and other TA … interest in receiving information on TA that is financed by them. For TA recipient countries, the wider dissemination of TA … information among different government agencies will strengthen ownership and facilitate the more effective implementation of TA …
Persistent link: https://www.econbiz.de/10014410442
longer lasting than those on prices. Yet the process of information absorption tends to be more drawn out than in mature bond …
Persistent link: https://www.econbiz.de/10014404285
arbitrage pricing theory framework. Returns are characterized by a limited response to unexpected changes in procyclical U … data to meet the empirical arbitrage pricing theory restrictions and the large proportion of return variance unexplained by …
Persistent link: https://www.econbiz.de/10014396212
. It is shown that, under asymmetric information, banks may therefore rationally lend more than they would otherwise in …
Persistent link: https://www.econbiz.de/10014401746
This Selected Issues paper aims to present a medium-term reform strategy that could be pursued by Libya to accelerate its transition to a market economy. The paper reviews the main characteristics of the Libyan economy, and medium-term prospects under current policies. It examines the priority...
Persistent link: https://www.econbiz.de/10011245827
This paper presents a Detailed Assessment and Updates of Financial Sector Standards and Codes for Kazakhstan. The assessment reveals that although Kazakhstan’s banking system is liquid, there are significant variations from bank to bank, with the distinctions between the tenge and foreign...
Persistent link: https://www.econbiz.de/10005252763
Algeria’s Financial System Stability Assessment highlights the Observance of Standards and Codes on monetary and financial policy transparency and banking supervision. Financial intermediation in Algeria will be bank-based in the future, and only politically difficult decisions to...
Persistent link: https://www.econbiz.de/10005768650