Showing 1 - 10 of 459
This paper explores insurance as a source of financial system vulnerability. It provides a brief overview of the … insurance industry and reviews the risks it faces, as well as several recent failures of insurance companies that had systemic … used for surveillance of financial soundness of insurance companies and the insurance sector as a whole …
Persistent link: https://www.econbiz.de/10014403822
Persistent link: https://www.econbiz.de/10009488605
role that key characteristics of Japan's labor and product markets-labor-market duality and weak corporate governance … reforms may contribute to Japan's short-run goal of reflating the economy. It finds that boosting inflation with structural …
Persistent link: https://www.econbiz.de/10011436738
The Great Recession pushed Japan’s unemployment rate to historic highs, but the increase has been small by … international standards and small relative to the large output shock. This paper explores Japan’s cyclical labor market response to …
Persistent link: https://www.econbiz.de/10014403441
Globally, financial institutions have increased their holdings of domestic sovereign debt, tightening the linkage between the health of the financial system and the level of sovereign debt, or the "financial sector-sovereign nexus," during the ongoing COVID-19 pandemic. In South Africa, the...
Persistent link: https://www.econbiz.de/10013170007
In Latin America and the Caribbean (LAC), financial technology has been growing rapidly and is on the agenda of many policy makers. Fintech provides opportunities to deepen financial development, competition, innovation, and inclusion in the region but also creates new and only partially...
Persistent link: https://www.econbiz.de/10012009989
exports of all five broad categories of the U.K.'s financial and insurance services. No trade barriers are found for the bulk … suggests that post-Brexit disruptions of the U.K.'s export of financial and insurance services may be minor …
Persistent link: https://www.econbiz.de/10012796259
of IFRS 17. The paper is based on the results of a survey of 20 insurance supervisors. Overall, IFRS 17 is a welcome … development but there will be challenges of implementation. Not many insurance supervisors currently intend to use IFRS 17 as a …
Persistent link: https://www.econbiz.de/10012300617
still in their infancy. Similarly, despite the introduction of new private sector insurance companies coverage of insurance … public ownership in banks and insurance companies, expansion of the contractual savings system through more rapid expansion … of the insurance and pension systems, greater spread of mutual funds, and development of institutional investors. It is …
Persistent link: https://www.econbiz.de/10011716448
ex-ante preparedness is needed to manage the risks. The paper discusses sovereign experience with disaster insurance as a … key instrument to mitigate the risks; proposes ways to judge the adequacy of insurance; and considers ways to enhance its … use by vulnerable countries. The paper especially aims to inform policy decisions on disaster insurance. Through …
Persistent link: https://www.econbiz.de/10012170086