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Fragile by Design: The Political Origins of Banking Crises and Scarce Credit
Calomiris, Charles W.; Haber, Stephen H. - Princeton University Press
Why are banking systems unstable in so many countries--but not in others? The United States has had twelve systemic … banking crises since 1840, while Canada has had none. The banking systems of Mexico and Brazil have not only been crisis prone … but have provided miniscule amounts of credit to business enterprises and households. Analyzing the political and banking …
Persistent link: https://www.econbiz.de/10011082760
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Fragile by Design: The Political Origins of Banking Crises and Scarce Credit
Calomiris, Charles W.; Haber, Stephen H. - Princeton University Press
Why are banking systems unstable in so many countries--but not in others? The United States has had twelve systemic … banking crises since 1840, while Canada has had none. The banking systems of Mexico and Brazil have not only been crisis prone … but have provided miniscule amounts of credit to business enterprises and households. Analyzing the political and banking …
Persistent link: https://www.econbiz.de/10011082767
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Panama; 2009 Article IV Consultation: Staff Report; Staff Statement and Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Dire...
International Monetary Fund (IMF); International … - 2009
banking system has weathered the global financial crisis relatively well. Executive Directors have noted that Panama is facing …
Persistent link: https://www.econbiz.de/10011244189
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Former Yugoslav Republic of Macedonia; Second Review Under the Stand-By Arrangement and Request for Waiver of Performance Criteria and Rephasing of the Program: Staff Report; Staff...
International Monetary Fund (IMF); International … - 2007
This paper discusses the Former Yugoslav Republic of Macedonia’s Second Review Under the Stand-By Arrangement and Request for Waiver of Performance Criteria and Rephasing of the Program. The 2007 fiscal deficit target increased modestly to 1 percent of GDP. Taxes were cut and budget...
Persistent link: https://www.econbiz.de/10011244281
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Democratic Republic of the Congo; Second Review Under the Three-Year Arrangement Under the Extended Credit Facility and Financing Assurances Review—Staff Report; Staff Supplement...
International Monetary Fund (IMF); International … - 2011
The IMF’s Executive Board completed the first review under the Extended Credit Facility (ECF) arrangement in June 2010 and decided that the Democratic Republic of Congo (DRC) had reached the completion point under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative. In 2010, an...
Persistent link: https://www.econbiz.de/10011244358
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Vietnam; 2008 Article IV Consultation: Staff Report; Staff Supplement and Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Dir...
International Monetary Fund (IMF); International … - 2009
Following an extended period of strong economic performance, Vietnam is facing considerable challenges. Growth moderated to 6.2 percent in 2008. Rapid credit growth fueled by massive capital inflows, coupled with a surge in commodity prices, led to high inflation and large trade deficits in the...
Persistent link: https://www.econbiz.de/10011244400
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Republic of Montenegro; 2008 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Republi...
International Monetary Fund (IMF); International … - 2009
This 2008 Article IV Consultation highlights that Montenegro has made significant progress in overhauling its economy. The authorities have taken several welcomed steps to help strengthen financial sector stability. Executive Directors have welcomed the structural reforms implemented over the...
Persistent link: https://www.econbiz.de/10011244435
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Haiti; Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criterion and Augmentation of Access: S...
International Monetary Fund (IMF); International … - 2009
financial crisis, remains sound. External credit lines are small and mostly trade related. Indicators of banking sector …
Persistent link: https://www.econbiz.de/10011244506
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Lao People's Democratic Republic; 2009 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion
International Monetary Fund (IMF); International … - 2009
Lao People’s Democratic Republic’s growth is expected to moderate but remain fairly robust, supported by large projects in train, strong mineral exports, and expansionary policies. The staff report for the Lao People’s Democratic Republic’s 2009 Article IV...
Persistent link: https://www.econbiz.de/10011244539
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Republic of Armenia; Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criterion: Staff Report; a...
International Monetary Fund (IMF); International … - 2006
The staff report for the Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility focuses on the Republic of Armenia’s economic environment and policy discussion. Financial sector reforms will focus on improving corporate governance, strengthening...
Persistent link: https://www.econbiz.de/10011244639