This report provides a summary of the antimoney laundering (AML) and combating the financing of terrorism (AML/CFT) measures in place in Cape Verde. It sets out Cape Verde’s levels of compliance with the Financial Action Task Force (FATF) 40 recommendations. The assessment reveals that...

We discuss how technologies of peer punishment might bias the results that are observed in experiments. A crucial parameter is the “fine-to-fee” ratio, which describes by how much the punished subjects income is reduced relatively to the fee the punishing subject has to pay to inflict...

This 2014 Article IV Consultation highlights that the Russian Federation’s growth slowdown that began in 2011, reflecting structural constraints, continued in 2013 despite accommodative policies. Real GDP growth slowed to 1.3 percent owing to a contraction in investment while consumption...

This paper empirically investigates whether donor countries punish sovereign defaults by reducing foreign aid ows. Our ndings reject the hypothesis formulated in the theoretical literature that a default leads to a loss of foreign aid for the defaulting country. Creditor countries directly...

The Single Supervisory Mechanism (SSM), which is the first pillar of the European Banking Union, confers specific tasks and sanctioning powers to the European Central Bank concerning the prudential supervision of credit institutions. The article focuses on the SSM structure and on the...

Mahmoud Ahmadinejad won the 2005 presidential election promising economic justice and fairness. Throughout his eight-year presidency, he adopted several populist financial and fiscal policies intended to fulfill his promise. Initially he froze the privatization program but later reactivated it...

В статье обоснована важность конвергенции системного и дифференцированного подходов к формированию адаптивных региональных механизмов сохранения...