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Australia has a history of few bank failures, even fewer financial crises, and its banking sector emerged from the global financial crisis relatively well.1 With an eye toward international developments, the Australian authorities have taken commendable steps to strengthen the financial safety...
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Over the past several years, Nepal has pursued a prudent fiscal policy, which has resulted in a significant reduction … of public debt as a percentage of GDP. This paper reexamines the fiscal stance in Nepal in light of recent developments …
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The rapid growth of the financial system presents a number of challenges to maintaining financial stability in Nepal …
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