Showing 1 - 10 of 10,708
; monetary and exchange rate developments; the use of monetary instruments; and commercial banking sector developments and bank …
Persistent link: https://www.econbiz.de/10005591355
The key policy challenge for Turkey in the years ahead will be to enhance and consolidate the advances made since the nation’s 2000-01 economic crisis. Higher growth could reduce unemployment and raise living standards toward European Union levels. This paper reviews Turkey’s...
Persistent link: https://www.econbiz.de/10005767368
This paper examines Turkey’s Seventh Review Under the Stand-By Arrangement, and Requests for Waiver of Applicability and Nonobservance of Performance Criteria. Successful macroeconomic management delivered an impressive economic performance in 2003. However, budget slippages interrupted...
Persistent link: https://www.econbiz.de/10005768511
The report provides the details of the Malta Financial Stability Assessment (MFSA). It defines its roles, responsibilities, and objectives for financial policies. It reviews the reports on the observance of standards and codes on monetary and financial policy transparency, banking supervision,...
Persistent link: https://www.econbiz.de/10005825136
This paper presents key findings of the Detailed Assessment of the Observance of Standards and Codes in the Financial Sector of Bermuda. The small number of licensed deposit-taking institutions in Bermuda are part of the broader financial intermediation sector. Typically, some 50 percent to 60...
Persistent link: https://www.econbiz.de/10005825139
sector and foreign exchange bureaus in Seychelles is carried out by the Bank Supervision Division of the Central Bank …. Supervision of the credit union and the insurance companies is less formal, and carried out within the Ministry of Finance … development bank has no designated supervisor, but its Board includes representatives from several key ministries. …
Persistent link: https://www.econbiz.de/10005825285
The financial turmoil of the late 1990s prompted a broad search for tools and techniques for detecting and preventing financial crises, and more recent episodes of instability have high lighted the importance of continuous monitoring of financial systems as a tool for preventing crises. This...
Persistent link: https://www.econbiz.de/10005590915
This paper presents key findings of the Financial System Stability Assessment for the Russian Federation. There are significant vulnerabilities and weaknesses in the financial sector, although given its small size, the macroeconomy would be relatively little affected by the immediate impact of...
Persistent link: https://www.econbiz.de/10005599009
Domestic and external factors combined to bring about the loss of confidence in Argentina that triggered the debt default and the crisis. Restoring confidence in legal certainty has been a major challenge for Argentina. The fiscal program is centered on maintaining tight control over primary...
Persistent link: https://www.econbiz.de/10005599048
This work employs a dynamic general equilibrium model to evaluate the causes and implications of bank insolvencies. The … withdraws deposits when borrowers default. If banks optimize by restricting credit to risky borrowers, these failures can be … policy offers the best way of responding to a bank crisis caused by exogenous shocks. …
Persistent link: https://www.econbiz.de/10005605249