systemic financial risk. Benefits, such as enhanced investment and consumption smoothing, tend to be greater for countries … national level, robust macroprudential policy frameworks focused on mitigating systemic risk can improve the capacity of a … and to reduce systemic financial risk stemming from such flows (CFM/MPMs), and thereby ensure the appropriate application …

development crisis. The financial crisis originated in the developed world, but it has spread quickly and inexorably to the … developing world, sparing no country. Increasingly it appears that this will not be a short-lived crisis. The poor countries are … people typically are the hardest hit, and have the least cushion. For millions of them, the crisis puts at risk their very …

boosting economic growth and reducing poverty. It is pushing millions back into poverty and putting at risk the v …

boosting economic growth and reducing poverty. It is pushing millions back into poverty and putting at risk the very survival …, prepared jointly by the staff of the World Bank and the International Monetary Fund, provides a development perspective on the …