Showing 1 - 10 of 1,348
The constraints that external linkages impose on domestic policy choices in Saudi Arabia have continuously evolved over the past four decades. This paper argues that two major ongoing developments in particular have affected and will continue to affect policy trade-offs. First, growing oil needs...
Persistent link: https://www.econbiz.de/10011142130
The relationship between the observance of financial system standards and financial stability is complex owing to the multitude of macroeconomic and structural factors affecting stability. Therefore, assessments of standards in terms of technical criteria for compliance needs to be reinforced...
Persistent link: https://www.econbiz.de/10005264028
. It is shown that such "regulatory capture" in banking does not imply ineffectual regulation; a "captured" regulator may …
Persistent link: https://www.econbiz.de/10005264136
This paper studies whether compliance with the Basel Core Principles for effective banking supervision (BCPs) is …
Persistent link: https://www.econbiz.de/10008470385
Banks may be unable to refinance short-term liabilities in case of solvency concerns. To manage this risk, banks can accumulate a buffer of liquid assets, or strengthen transparency to communicate solvency. While a liquidity buffer provides complete insurance against small shocks, transparency...
Persistent link: https://www.econbiz.de/10010790317
with prudential regulation inside the central bank tend to have institutional arrangements that give the central bank a … leading role. In larger and more complex economies where prudential regulation is outside the central bank, the financial …
Persistent link: https://www.econbiz.de/10010790389
There is much confusion about what shadow banking is. Some equate it with securitization, others with non …-traditional bank activities, and yet others with non-bank lending. Regardless, most think of shadow banking as activities that can … create systemic risk. This paper proposes to describe shadow banking as “all financial activities, except traditional …
Persistent link: https://www.econbiz.de/10011123838
We identify current challenges for creating stable, yet efficient financial systems using lessons from recent and past crises. Reforms need to start from three tenets: adopting a system-wide perspective explicitly aimed at addressing market failures; understanding and incorporating into...
Persistent link: https://www.econbiz.de/10011142013
Over the past decade policy makers in Latin America have adopted a number of macroprudential instruments to manage the procyclicality of bank credit dynamics to the private sector and contain systemic risk. Reserve requirements, in particular, have been actively employed. Despite their...
Persistent link: https://www.econbiz.de/10010878415
on loan supply in Turkey. This suggests that the effect of monetary policy in Turkey can be propagated by the banking …
Persistent link: https://www.econbiz.de/10005248226