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Australia has a very high level of compliance with the Basel Core Principles for Effective Banking Supervision (BCPs). The Australian banking system was more sheltered than a number of other countries and weathered the Global Financial Crisis relatively well. This was in part due to relative...
Persistent link: https://www.econbiz.de/10009679486
This Technical Note elaborates the recommendations made in the Financial Sector Assessment Program (FSAP) for Italy in … impact of the global financial crisis in Italy and how the authorities handled the crisis. It analyzes the institutional …
Persistent link: https://www.econbiz.de/10011245774
This Technical Note elaborates the recommendations made in the Financial Sector Assessment Program for Italy in the … the global financial crisis in Italy and how the authorities handled the crisis. It analyzes the institutional framework …
Persistent link: https://www.econbiz.de/10011242981
Italy: Detailed Assessment of IAIS Insurance core Principles. …
Persistent link: https://www.econbiz.de/10012689852
-- FUTURE CHALLENGES FACING ITALY'S FINANCIAL SECTOR -- A. The Evolution of the Bank Business Model -- B. Recommendations -- C … ITALY: AN EFFICIENCY ANALYSIS -- A. Background -- B. Comparison with Euro Area Spending and Efficiency Indicators -- C …. Conclusions and Policy Recommendations -- REFERENCES -- FIGURE -- 1. Italy and Euro Area: Increase in Spending by Level of …
Persistent link: https://www.econbiz.de/10012690555
This Selected Issues paper focuses on economic challenges and options for overcoming the demographic drag in Italy …. Italy has large catch-up potential to help overcome the demographic drag on output, but fundamental changes are needed to … shift from the current suboptimal equilibrium. On numerous metrics, Italy is among the worst EU performers in areas that …
Persistent link: https://www.econbiz.de/10015059204
The 2023 Article IV Consultation highlights that the Italian economy has weathered well the effects of Russia's war in Ukraine, growing by 3.7 percent in 2022. Private consumption rose robustly on recovery in employment, buoyant tourism, and extensive fiscal support of real purchasing power....
Persistent link: https://www.econbiz.de/10015059206
Persistent link: https://www.econbiz.de/10015060204
GDP has fully recovered from the pandemic crisis, but government debt has risen to very high levels. The war in Ukraine triggered a surge in energy prices and the prospect of monetary policy tightening caused government bond yields to rise sharply. Implementation of the National Recovery and...
Persistent link: https://www.econbiz.de/10015060205
The insurance sector is underdeveloped and has been inadequately supervised to date, as the regulator lacks the requisite independence, skills, and resources. The three public pension systems, which cover less than 10 percent of the active population, appear to be fiscally unsustainable. The...
Persistent link: https://www.econbiz.de/10011244181