In this paper, we examine how the presence of country insurance schemes affects policymakers'' incentives to undertake … reform in crisis-prone volatile economies. The consequences of country insurance, however, hinge on the nature of the reforms … ultimately discouraged by, insurance. By contrast, ""enhancing"" reforms that pay off more generously in the absence of a crisis …

Global merchandise trade expanded rapidly over the last 6 1\2 decades and its relationship with global income has seen … exports and income. The paper estimates trade and income elasticities using ADL models taking account of structural breaks … and income are in a 'new normal' or only 'back to (an old) normal' after the GTC and GFC …

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 …

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 …

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 …

Natural disasters are a source of economic risks in many countries, especially in smaller and lower-income states, and … 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 …

This paper discusses the key sources of vulnerabilities for pension plans and insurance companies in light of the … institutions including insurance and pensions; and 5) the need to revisit the resolution and crisis management framework for … insurance and pensions …

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 …

invest prudently and so reduce bank risk taking. This systemic insurance effect will be relatively more important when …