Showing 1 - 10 of 29
Despite robust deposit growth, credit growth has been sluggish in the Philippines. We attribute this to legacy weaknesses in bank balance sheets, consumption-led economic growth, and relatively high net interest margins. Bank-level analysis suggests that interest margins in the Philippines rise...
Persistent link: https://www.econbiz.de/10010790364
This paper surveys institutional arrangements for macroprudential policy in Asia. Central banks in Asia typically have …
Persistent link: https://www.econbiz.de/10010790389
- modifications in the architecture of financial supervision and in supervisory governance - and concludes that they were negatively … to what extent two separate institutions would allow for more checks and balances to improve supervisory governance and …
Persistent link: https://www.econbiz.de/10009370541
The unprecedented rise in nonperforming assets during the recent Asian financial crisis severely tested the limit and capacity of the existing asset management infrastructure, leading policymakers to consider new approaches to resolve them. This paper examines two such approaches—the creation...
Persistent link: https://www.econbiz.de/10005826132
We analyze recent trends in, and determinants of, financial supervisory governance. We first calculate levels of … quality of public sector governance plays a decisive role in establishing accountability arrangements, more than independence … also show that the likelihood of establishing adequate governance arrangements are higher when the supervisor is located …
Persistent link: https://www.econbiz.de/10010790276
This report reviews Liberia’s Post-Conflict Economic Conditions and Economic Program for 2004–05. The economy of Liberia is recovering, following a sharp contraction in the second half of 2003, as a result of increasing donor support and the revival of associated manufacturing and...
Persistent link: https://www.econbiz.de/10005768455
. In the real world it is not always clear to what extent market features are taken into account. We present two …
Persistent link: https://www.econbiz.de/10005768758
Persistent link: https://www.econbiz.de/10005825330
This paper discusses the Use of IMF Resources in Haiti and Request for Emergency Post-Conflict Assistance (EPCA). The EPCA-supported program was on track until May 2005. All end-December and end-March targets were observed, inflation declined, the exchange rate stabilized, and net international...
Persistent link: https://www.econbiz.de/10005825392
This paper provides empirical evidence that the quality of regulatory governance-governance practices adopted by … system soundness and regulatory governance, based on country data collected from the Financial Sector Assessment Program … (FSAP). Regression results indicate that regulatory governance has a significant influence on financial system soundness …
Persistent link: https://www.econbiz.de/10005825836