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This Selected Issues paper on Canada examines economic development and policies. Capital ratios before the crisis have been a key determinant of bank performance during the turmoil; and Canadian banks had ample capital. Specifically, most banks with critically low capital at end-2006 later...
Persistent link: https://www.econbiz.de/10011244253
macroprudential standards for mortgage lending while undertaking tax reforms to gradually reduce incentives for excessive leverage …
Persistent link: https://www.econbiz.de/10011244493
and mortgage debt. It also describes the Spanish mortgage market and assesses the resilience of the financial sector to a … possible adjustment in the housing and mortgage markets. It presents a market-based indicator to show the market views on the … quality of the mortgage portfolio and also provides recommendations. …
Persistent link: https://www.econbiz.de/10011244584
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Persistent link: https://www.econbiz.de/10011244786
stability. The rise in household debt and the banking system’s increased exposure to mortgage debt resulted with the changes …
Persistent link: https://www.econbiz.de/10011244923
This technical note presents a comparative analysis of the Danish Mortgage Market. It discusses the particularities of … the regulatory framework of the Danish mortgage system. The note compares and contrasts mortgage financing in Denmark and … evolutions, which could have potentially far-reaching consequences for the Danish mortgage system, are elaborated. The note also …
Persistent link: https://www.econbiz.de/10011245042
The Article IV Consultation discusses the IMF Executive Board’s assessment of economic developments and policies in Switzerland. With the exchange rate floor in place for more than one year, the Swiss economy has been relatively stable. Although overall export growth is weak, the external...
Persistent link: https://www.econbiz.de/10011245199
Rebalancing in Spain’s private sector is under way, but with more modest progress on reducing stocks. Spain is subject to significant spending pressures, reflecting unfavorable demographic trends and subdued growth prospects, and will require substantial structural reform. Priority...
Persistent link: https://www.econbiz.de/10011245500
This Selected Issues paper on Turkey reviews a decline in private saving and adoption of a fiscal rule. As economic confidence has improved, capital inflows have surged while private saving has fallen. Together, these developments have produced current account deficits and a strong lira, raising...
Persistent link: https://www.econbiz.de/10011245633
This Technical Note discusses key findings of the insolvency and creditor rights assessment for Lithuania. Lithuania has made significant progress in the field of creditor rights legislation and related institutions. Under the current legal framework, the creation and registration of secured...
Persistent link: https://www.econbiz.de/10011245697