This paper examines changes in bank capital and capital regulations since the global financial crisis, in the Europe and Central Asia region. It shows that banks in Europe and Central Asia are better capitalized, as measured by regulatory capital ratios, than they were prior to the crisis....

This paper introduces key findings from a new cross-country survey on state-owned financial institutions in Europe and Central Asia. It covers 41 such institutions operating in the region as of end 2016, and considers variables in the areas of mandates, instruments, performance, governance, and...

The international diffusion of technology presents an opportunity for developing economies distant from the world technological frontier to reduce their income gap relative to advanced economies. It is therefore crucial to understand why, when faced with similar technological alternatives...