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The 2006 Article IV Consultation on San Marino explains financial sector development and stability. A wide-ranging reform of the regulatory framework and supervision is under way to modernize the financial sector and make it conform to international standards. Executive Directors encouraged to...
Persistent link: https://www.econbiz.de/10011244177
The adverse impact of the crisis on Luxembourg’s growth outlook is partly mitigated by the authorities’ well … financial crisis, waning confidence, and euro area recession. …
Persistent link: https://www.econbiz.de/10011244188
Mexico’s policy stance has focused on balancing domestic and external conditions, supporting the recovery while rebuilding policy buffers through fiscal consolidation and reserve buildup. Growth has remained resilient during the first half of 2011 and is expected to continue into 2012,...
Persistent link: https://www.econbiz.de/10011244191
and outlook. China has maintained robust growth since the global crisis, but the heavy reliance on credit and investment … to sustain activity is raising vulnerabilities. The consequence is a steady build-up of leverage that is eroding the …
Persistent link: https://www.econbiz.de/10011244201
policies. The authorities have already taken numerous welcome measures in response to the crisis. The Reserve Bank of India has …
Persistent link: https://www.econbiz.de/10011244299
The study shows that the global financial crisis has adversely affected Kuwait’s financial system, especially in the … banking sector from the crisis. It shows that the enactment of the capital market law is an important step toward the creation …
Persistent link: https://www.econbiz.de/10011244313
The slow-paced growth rate of the U.S. economy, notwithstanding the bolstering attempts is disheartening. Implementing financial reforms and highly accommodative monetary policy are hoped to have a desired effect. Deficit reduction, debt ratio stabilizing strategies, removal of fiscal cliff...
Persistent link: https://www.econbiz.de/10011244411
. The paper presents a narrative of the various stages of the banking and sovereign crisis since the Summer of 2011. It also …
Persistent link: https://www.econbiz.de/10011244498
The key findings of Denmark’s 2008 Article IV Consultation are examined. The global liquidity crisis put the … financial sector under severe stress, but most banks have weathered the crisis well owing to strong initial positions and … supportive policies. The crisis accelerated a downturn that had begun in 2007 and tilted the balance of macroeconomic risk toward …
Persistent link: https://www.econbiz.de/10011244513
policy elements. It examines the vulnerabilities of households' finances as a result of the rapid growth of housing prices …
Persistent link: https://www.econbiz.de/10011244584