Showing 1 - 10 of 579
This paper-consisting of a regional study and seven country studies-reviews the state of domestic public debt markets in Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua, and Panama as at end-2005. Although they account for the lion's share of capital markets, regional...
Persistent link: https://www.econbiz.de/10005825635
central bank management, strengthening competition and risk management, and reducing the role of the state in the financial …
Persistent link: https://www.econbiz.de/10011242936
How to entrench hard-won gains, increase resilience to shocks, and improve growth performance to reduce poverty? As Central America moves forward in regaining macroeconomic stability, these are the challenges. This study analyzes Central America’s real, fiscal, monetary, and financial...
Persistent link: https://www.econbiz.de/10005590924
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
The large holdings of government securities by banks in India draw attention to their risk as interest rates are at … historical low levels. This paper measures such a risk using duration and value-at-risk methods and assesses its current … of recommendations regarding government policies and individual bank practices to manage interest rate risk. …
Persistent link: https://www.econbiz.de/10005826476
trade, an increase in the country’s risk premium, and a decrease in the risk appetite of local banks. We characterize …
Persistent link: https://www.econbiz.de/10011242423
This 2005 Article IV Consultation highlights that data for the first half of 2005 point to a widening fiscal deficit for Antigua and Barbuda. A combination of a reduction in capital spending and some improvement in revenues following a tightening of the concessions regime resulted in a closing...
Persistent link: https://www.econbiz.de/10011243093
This paper discusses key findings of the Third Review Under the Stand-By Arrangement for Seychelles. The program is on track, and macroeconomic stabilization has advanced rapidly. The authorities continue to implement the program with a high degree of ownership and success. All quantitative...
Persistent link: https://www.econbiz.de/10011243523
This paper presents key findings of the Second Review for Seychelles under the Stand-By Arrangement. The program is on track, and macroeconomic stabilization has advanced rapidly. The authorities are implementing the program with determination and a high degree of ownership. All quantitative...
Persistent link: https://www.econbiz.de/10011243727
Cape Verde’s economic and policy performance remains sound under the Poverty Reduction and Growth Facility (PRGF) arrangement supported by Policy Support Instrument (PSI). Executive Directors commended the prudent macroeconomic policies and structural reforms. They emphasized the need for...
Persistent link: https://www.econbiz.de/10011245194