The authors of the paper discuss reasons as well as current stage of the regulation of the financial (mostly banking) sector. They are not in favor of strict rejection of the regulation, but they are not in favor of strong regulation of the financial sector either. The article is based on the...

The article surveys the establishment of a legislative framework providing for banking regulation in Czechoslovakia during 1918?1938. The state intervened in bank sanitation twice during economic recessions in the early 1920s and 1930s. The shocks resulted in the adoption of banking laws to...

This paper analyses various approaches to dealing with problematic assets of the banking sector. These approaches include the establishment of an asset management company, capital injection and sale of the bank, purchase and assumption transactions, liquidation or bridge bank. All these...

This paper examines estimations of the expected losses of loans and the provisioning techniques imposed by Czech regulatory norms. The current Czech regulatory quidelines define the criteria for loan classification and specify the minimum coefficients used for creating provisions. These...

The article summaries the main points discussed at the seminar on ?Banking System Stability?, organized by the Czech Economic Association in May 2003. There were three speakers at the seminar. The first was Martin Èihák (International Monetary Found), who presented the problem of...

Èeská spoleènost ekonomická ve spolupráci s Èeskou národní bankou uspoøádala v kvìtnu 2001 v Praze semináø nazvaný ?Moral Hazard and Orderly Bank Exit?, na nìmž vystoupil David Mayes, profesor ekonomie na South Bank University v Londýnì a poradce bankovní rady Bank of Finland....

The article deals with the export credit promotion in the Czech Republic. The development and structure of Czech trade and export support is presented first and it is followed by the econometric analysis of the gravity model of Czech trade. The econometric results show that the credit support...

The article deals with the export credit promotion in the Czech Republic. The development and structure of Czech trade and export support is presented first and it is followed by the econometric analysis of the gravity model of Czech trade. The econometric results show that the credit support...

The article deals with the export credit promotion in the Czech Republic. The econometric analysis of the gravity model of Czech trade shows that the credit support provided by specialized government agency, Czech Export Bank, has a positive but statistically weak influence on export. The other...

The article provides a basic description and taxonomy of sovereign wealth funds, rapidly gaining importance in the international monetary and financial systems. SFWs are pools of assets owned and managed directly or indirectly by governments to achieve specific objectives. Tentative estimates of...