Showing 1 - 10 of 497
This paper surveys that state of fiscal transparency in the wake of the current crisis and looks at what can be done to improve it. It examines the relationship between fiscal transparency and fiscal outcomes; reviews progress in promoting greater fiscal transparency over the past decade; considers...
Persistent link: https://www.econbiz.de/10014410215
Based on an assessment of external public debt indicators and given the continued buildup of external arrears, the Republic of Congo is classified as "in debt distress". Moreover, despite the recent restructuring agreement with China, public debt remains unsustainable with the net present value...
Persistent link: https://www.econbiz.de/10012646582
Congo (DRC)'s debt-carrying capacity was assessed as weak. DRC remains at a moderate risk of external and overall debt …
Persistent link: https://www.econbiz.de/10012646583
assess the sensitivity of banks and insurance companies to single-factor shocks to risk types affecting solvency and … liquidity position of institutions. The mission recommends that future STs should be risk-based and that macroprudential …
Persistent link: https://www.econbiz.de/10014402417
This paper discusses key findings of the Financial System Stability Assessment (FSSA) on Moldova. The assessment reveals that vulnerabilities of the financial sector appear to be manageable. Stress tests on likely scenarios do not indicate major vulnerabilities for the banking system as a whole....
Persistent link: https://www.econbiz.de/10014402952
determined by stress tests. The main sources of risk lie in the credit risk arising from exposures to Central, Eastern, and … Southeastern Europe (CESE) and the Commonwealth of Independent States (CIS), indirect credit risk from foreign currency lending …, and credit risk from domestic lending. The Austrian banking systems exhibits ample liquidity. In-depth discussions with …
Persistent link: https://www.econbiz.de/10014403572
We identify different sources of risk as important determinants of banks'' corporate structures when expanding into new … markets. Subsidiary-based corporate structures benefit from greater protection against economic risk because of affiliate …-level limited liability, but are more exposed to the risk of capital expropriation than are branches. Thus, branch-based structures …
Persistent link: https://www.econbiz.de/10014404312
This technical note on Mexico’s Financial Sector Assessment Program update presents an overview of the risk management … in the assessment of the resilience of the financial system to a set of key risks. These scenarios complement other risk … management practices such as liquidity risk and contagion analysis carried out by the relevant supervisors …
Persistent link: https://www.econbiz.de/10014407027
This paper presents an update to the Financial System Stability Assessment on Morocco. Major reforms have been achieved since the 2002 Financial Sector Assessment Program (FSAP) within a policy of actively promoting economic and financial sector opening. The 2002 FSAP recommendations have been...
Persistent link: https://www.econbiz.de/10014401185
challenges for the identification, measurement, monitoring, and control of underlying risks. Effective and efficient risk …
Persistent link: https://www.econbiz.de/10014399549