The experiences of past financial crises have strengthened the Russian bank resolution framework. The resolution framework has been effective in preserving financial stability. The effectiveness of bank resolution could be improved. Introduction of the full range of resolution powers and...

The objective of the reforms is to improve the capacity of financial institutions to serve the needs of economic agents and the population at large. In Cote d'Ivoire, downsizing, reorganization and (as required) privatization and liquidation of key banks and insurance companies, in the early...

In 2007-08 Da Afghanistan Bank (DAB), the central bank of Afghanistan, was in the process of reforming the financial sector. While some considerable advances have been made with respect to basic legislation, some central banking reform, the introduction of new currency, and the beginnings of a...

This report is a comprehensive review of the Nigerian financial system, covering the following areas: i) macro-financial environment; ii) safety and soundness of the banking system; iii) banking supervision; iv) development finance institutions; v) community banks and commercial banks' rural...

During Myanmar's decade of reforms, financial sector reforms were widely recognized to be a critical underpinning of Myanmar's democratization process, enabling the transition to a more egalitarian, accessible economy. Accordingly, the government developed a program of wide-ranging financial...

"There is a wide cross-country variation in the institutional structure of bank failure resolution, including the role of the deposit insurer. The authors use quantitative analysis for 57 countries and discuss specific country cases to illustrate this variation. Using data for over 1,700 banks...

"The authors seek to identify factors that influence decisions about a country's financial safety net, using a new dataset on 170 countries covering the 1960-2003 period. Specifically, they focus on how outside influences, economic development, crisis pressures, and political institutions affect...