Narrow search
Showing 1 - 10 of 458
Cover Image
Managing Financial Crises; Recent Experience and Lessons for Latin America
Kincaid, G. Russell; Collyns, Charles - International Monetary Fund (IMF) - 2003
This paper seeks to draw lessons from the IMF’s experience in handling financial crises around the globe over the past ten years that are relevant to the challenges faced by countries in Latin America, especially in the wake of the recent crisis in Argentina. Experience suggests that...
Persistent link: https://www.econbiz.de/10005824823
Cover Image
Financial Development and Growth in India; A Growing Tiger in a Cage?
Oura, Hiroko - International Monetary Fund (IMF) - 2008
This paper examines the efficiency of the different segments of India's financial system using firm-level data on corporate financing patterns. Firms are increasingly relying on external funds to finance their investment in most recent years. Empirical analyses indicate that (1) the financial...
Persistent link: https://www.econbiz.de/10005826480
Cover Image
Intercreditor Distribution in Sovereign Debt Restructuring
Mandeng, Ousmène - International Monetary Fund (IMF) - 2004
Intercreditor equity represents one of the main objectives of bankruptcy proceedings. Yet, recent restructurings of sovereign debt suggest that violation of intercreditor equity is common. While existing contractual provisions, and guidelines issued by creditor committees, establish fundamental...
Persistent link: https://www.econbiz.de/10005599754
Cover Image
Stress Testing of Financial Systems; An Overview of Issues, Methodologies, and FSAP Experiences
Peria, Maria Soledad Martinez; Majnoni, Giovanni; … - International Monetary Fund (IMF) - 2001
The paper has three objectives. After a general introduction to some of the concepts and basic techniques of stress testing, the paper gives an overview of some of the conceptual issues involved in evaluating risks at the aggregated level of financial systems. Second, this study provides a basic...
Persistent link: https://www.econbiz.de/10005248173
Cover Image
The Use of Mortgage Covered Bonds
Avesani, Renzo G.; Ribakova, Elina; Pascual, Antonio Garcia - International Monetary Fund (IMF) - 2007
The rapid mortgage credit growth experienced in recent years in mature and emerging countries has raised some stability … concerns. Many European credit institutions in mature markets have reacted by increasing securitization, particularly via … movements in covered bond prices can be used to analyze the credit developments of the underlying issuer and the quality of its …
Persistent link: https://www.econbiz.de/10005826294
Cover Image
A Framework for Financial Market Development
Chami, Ralph; Sharma, Sunil; Fullenkamp, Connel - International Monetary Fund (IMF) - 2009
The paper proposes a framework for examining the process of financial market development. The framework, consistent with the functional view of financial system design, is anchored in studying the incentives facing the key players in financial markets-borrowers, lenders, liquidity providers, and...
Persistent link: https://www.econbiz.de/10008528687
Cover Image
Assessing the Risk of Private Sector Debt Overhang in the Baltic Countries
Herzberg, Valerie - International Monetary Fund (IMF) - 2010
Between 2000 and 2007 nonfinancial private sector credit expanded rapidly in the Baltic countries, resulting in a non …
Persistent link: https://www.econbiz.de/10008727791
Cover Image
Sweden; Financial Sector Assessment Program Update: Technical Note on Stress Testing of the Banking Sector
International Monetary Fund (IMF); International … - 2011
banking sector appears resilient to credit risk stress tests, liquidity stress test results reveal some weaknesses owing to …
Persistent link: https://www.econbiz.de/10011244366
Cover Image
European Union; Publication of Financial Sector Assessment Program Documentation—Technical Note on Stress Testing of Banks
International Monetary Fund (IMF); International … - 2013
This article summarizes the European Union’s stress testing exercises and future priorities. The 2011 solvency stress testing was marked by methodology and data. The exercise forced banks to increase the quality and quantity of capitalization. This test has many controversial issues, but...
Persistent link: https://www.econbiz.de/10011244482
Cover Image
Tunisia; Financial System Stability Assessment Update
International Monetary Fund (IMF); International … - 2006
financial system. A number of measures have been taken in the regulatory, fiscal, and legal areas to improve credit quality and … sector plays a predominant role in financing the economy. New regulations requiring banks to strengthen credit evaluation and …
Persistent link: https://www.econbiz.de/10011244664