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Brazil. The 2012 Article IV Consultation highlights that financial stability in Brazil has been underpinned by a strong …
Persistent link: https://www.econbiz.de/10014395436
KEY ISSUES Context. Brazil is recovering gradually from the growth slowdown that started in mid- 2011, but the recovery … remains uneven and inflation elevated. Output is estimated at potential with supply-side constraints, linked to tight labor …) has weakened the credibility of Brazil’s long-standing fiscal framework, while broader policy uncertainty has weighed on …
Persistent link: https://www.econbiz.de/10014394551
This technical note on Transparency of Monetary Policy on the Republic of Belarus highlights the open process for formulating and reporting of monetary policy discussions. The National Bank of the Republic of Belarus (NBRB) displays a satisfactory degree of transparency in formulation and...
Persistent link: https://www.econbiz.de/10014407584
For the time being—and possibly for a considerable time to come—developments and prospects for the euro area are quite favorable. This upbeat outlook is underpinned by buoyant activity indicators and a supportive policy mix. High household and business confidence, rising capacity utilization...
Persistent link: https://www.econbiz.de/10014401965
This report focuses on the Monetary Statistics Component of the Regional Data Module Report on the Observance of Standards and Codes for the Eastern Caribbean Central Bank (ECCB). The report reveals that with respect to the prerequisites of quality and assurances of integrity, the legislation...
Persistent link: https://www.econbiz.de/10014402779
This Technical Assistance report highlights that the Hungarian economy is recovering gradually from a sharp recession. Restoring credit growth has become a central policy objective, seen as key to economic recovery and effective monetary transmission. Recent legislation significantly affects the...
Persistent link: https://www.econbiz.de/10014412007
This technical note examines Cyprus’s factual update on the Basel Core Principles for Effective Banking Supervision for Cyprus. The 2006 directive on corporate governance provides that each commercial credit institution should have a robust internal governance framework. Although the level of...
Persistent link: https://www.econbiz.de/10014406661
EXECUTIVE SUMMARY The oversight framework of the European Central Bank (ECB) is comprehensive. The ECB has developed a wide-ranging oversight policy, including quantitative and qualitative criteria to identify, monitor, and remedy any potential systemic risks related to financial market...
Persistent link: https://www.econbiz.de/10014394281
Persistent link: https://www.econbiz.de/10000987623