Showing 31 - 40 of 454
This Selected Issues paper discusses the effectiveness of monetary policy in the euro area in the context of the financial crisis, the need for special resolution regimes for financial institutions in the European Union (EU), and the proposed new EU financial stability arrangements. The paper...
Persistent link: https://www.econbiz.de/10011244389
The slow-paced growth rate of the U.S. economy, notwithstanding the bolstering attempts is disheartening. Implementing financial reforms and highly accommodative monetary policy are hoped to have a desired effect. Deficit reduction, debt ratio stabilizing strategies, removal of fiscal cliff...
Persistent link: https://www.econbiz.de/10011244411
sector to the rest of the economy are limited. The high level of bank excess reserves in Paraguay reflects a mixture of … precautionary and involuntary factors. Large bank excess reserves weaken the monetary transmission channel, and cause inefficiency … costs. Bank reforms should be undertaken to preserve financial and macroeconomic stability. …
Persistent link: https://www.econbiz.de/10011244461
This paper discusses the request from the Bosnia and Herzegovina authorities for a Stand-By Arrangement. The global financial and economic crisis hit Bosnia and Herzegovina when the overheating was already raising doubts about the sustainability of the economic expansion. The authorities’...
Persistent link: https://www.econbiz.de/10011244464
exchange controls, widespread public ownership, and an abundance of domestic funding have protected banks from external shocks …, with privatization of banks halted and consumer lending suspended. The authorities have also made progress in a number of …
Persistent link: https://www.econbiz.de/10011244487
) core principles for systemically important payment systems in Thailand. This assessment covers the Bank of Thailand …
Persistent link: https://www.econbiz.de/10011244499
the port of Mombasa to Kampala and Kigali. Kenyan banks export their successful business models through East Africa and … other countries in the region, while complying with upgraded prudential regulations. The Central Bank of Kenya (CBK …
Persistent link: https://www.econbiz.de/10011244508
Denmark’s public expenditure as a share of GDP is the highest in the OECD. The main difference between Denmark and the median OECD country is the larger amount of social protection expenditure. The public health expenditure of Denmark is the second highest in the OECD. Following years of...
Persistent link: https://www.econbiz.de/10011244534
Although progress has been made in strengthening the Swiss economy, systemic risks posed by large banks as well as … and intervention of the Swiss National Bank (SNB) on strengthening financial sector stability, and stressed the need of a …
Persistent link: https://www.econbiz.de/10011244540
condition shows stability in systematic risks, but it also has vulnerabilities. Kosovo banks are exposed to macrofinancial risks … because of its open economy, but the Central Bank of the Republic of Kosovo (CBK) has immensely promoted the growth and …
Persistent link: https://www.econbiz.de/10011244562