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Covid-19 has exacted a tragic human, social, and economic toll on Mexico. Over 85,000 lives were lost; unofficial estimates are notably higher. Of 12 million workers that lost their jobs, most of whom came from the informal sector with a limited safety net, over 4 million remain out of the...
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the areas of bank resolution and crisis management frameworks. The institutional framework in Spain has been strengthened … entities, as well as for cross-border groups. Although the framework for bank resolution is well designed, the system could be …
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This technical note on Austria focuses on bank resolution and crisis management. This note assesses and makes … recommendations regarding bank resolution and crisis management arrangements. The scope of the assessment includes the institutional … arrangements for recovery, resolution, and crisis management; the supervision of banks' recovery plans; the legal regime for bank …
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legal instruments have been adopted that collectively establish a complex framework for bank resolution and crisis … European Central Bank concerning prudential supervision of banks including the adoption of early intervention measures and a …
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Russian Federation in the areas of bank resolution and a crisis management framework. The findings reveal that the experiences … of past financial crises have strengthened the Russian bank resolution framework. The resolution framework has been … effective in preserving financial stability. Since January 2014, 28 banks have been placed in open bank resolution, and three …
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The pandemic dealt a severe blow to the Italian people and their economy. GDP fell by nearly 9 percent in 2020, with much larger drops for contact-intensive services. Public and corporate debt increased strongly and preexisting vulnerabilities have likely worsened. The government is prioritizing...
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