This paper presents an assessment of the level of implementation of the IOSCO (International Organization of Securities Commissions) objectives and principles in the Russian Federation. Some of the most recent regulatory changes in the Russian Federation are clearly based on international...

Financial boom-bust cycles -- Lending booms and lending standards / Giovanni Dell'Ariccia, Robert Marquez -- Are weak banks leading credit boom? : Evidence from emerging Europe / Deniz Igan, Natalia Tamirisa -- Growth dynamics : the myth of economic review / Valerie Cerra, Sweta Chaman Saxena --...

This paper analyzes the linkages between capital account liberalization and other policies influencing financial sector stability. Drawing on country experiences, the paper develops an operational framework for sequencing and coordinating capital account liberalization with other policies aimed...

This chapter provides an overview of market practices, market structure, and official supervision and regulation in financial markets. This paper also highlights the key features of modern banking and over the counter (OTC) derivatives markets that seem to be relevant for assessing their...

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