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The Global Credit Crisis of 2008-09 has underscored the urgency of reforming the international financial architecture. While a number of short-term reforms are already in train, this paper contemplates more ambitious reforms of the international financial architecture that might be implemented...
Persistent link: https://www.econbiz.de/10008528699
This paper attempts to set out the principal issues that need to be resolved in formulating a proposal for quotas and voice reform in the IMF that could command broad support. Following John Rawls, we argue that "justice is the first virtue of social institutions," and we use his theory of...
Persistent link: https://www.econbiz.de/10005825790
The economic model of Belarus is increasingly untenable, resulting in poor policy outcomes. Strong and predictable … needed. The National Bank of the Republic of Belarus (NBRB) should tighten liquidity and stand ready to take further measures …
Persistent link: https://www.econbiz.de/10011242991
This paper focuses on Fifth Post-Program Monitoring Discussions with Republic of Belarus. Growth in Belarus has …
Persistent link: https://www.econbiz.de/10011243457
outlook. High financing needs and low buffers leave Belarus highly dependent on external financial support. The risk of …
Persistent link: https://www.econbiz.de/10011244333
Persistent link: https://www.econbiz.de/10011244432
This paper focuses on the 2012 Article IV Consultation and Second Post-Program Monitoring Discussions with Belarus …
Persistent link: https://www.econbiz.de/10011245627
This Selected Issues Paper presents an analysis of Belarus-specific conditions and cross-country research, and proposes …. The paper also provides estimates of potential gains for Belarus from conducting structural reforms, and offers a …
Persistent link: https://www.econbiz.de/10011245717
This detailed assessment of the observance of standards and codes in the financial sector of the Kingdom of the Netherlands—Netherlands Antilles reviews implementation of the Basel Core Principles for effective banking. Legal provisions are in place entrusting the Bank of the Netherlands...
Persistent link: https://www.econbiz.de/10005824889
This report assesses the Observance of Standards and Codes on the Financial Action Task Force (FATF) Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) in Chile. Banking secrecy provisions continue to limit the ability of Chile to investigate and...
Persistent link: https://www.econbiz.de/10005824964