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The financial sector plays an important role in supporting the green transformation of the European economy. A critical assessment of the current regulatory framework for sustainable finance in Europe leads to ambiguous results. Although the level of transparency on environmental, social and...
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Against the background of the present financial crisis Otmar Issing and Jan Krahnen, members of the expert commission advising the German government on issues relating to financial crisis prevention, have suggested the creation of a "global risk map" to be enhanced by a global credit register....
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unit, a so-called bad bank. This plan effectively addresses three key challenges. It provides for the transparent removal …
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In literature and practice the term “development bank” is commonly applied to investment banks for the financing of …- and long-term funds. Complementary consultative functions are occasionally performed as well while other bank transactions … development bank has proved too narrow, too normative and too general. …
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As the flow of financial aid from the industrial countries may be expected to shrink rapidly as a consequence of their economic difficulties, the developing countries will have to find out possibilities of using their own financial resources more effectively. In this connection the task of...
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