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Islamic Republic of Afghanistan; 2011 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility-Staff Report; Staff Supplement-A Joint Wor...
International Monetary Fund (IMF); International … - 2011
Afghanistan has made important achievements in recent years. The 2011 Article IV Consultation highlights that authorities have taken steps to lay the foundation for economic stability and growth, despite a very difficult security situation and the challenges associated with building political...
Persistent link: https://www.econbiz.de/10011244732
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Bangladesh; Financial System Stability Assessment
International Monetary Fund (IMF); International … - 2010
This paper reports on Bangladesh’s Financial System Stability Assessment. Considerable progress has been made in strengthening the resilience of the country's financial sector. Total assets of the banking sector have increased twofold since 2003, and credit to the private sector has risen...
Persistent link: https://www.econbiz.de/10011245298
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Republic of Latvia; Third Review Under the Stand-By Arrangement and Financing Assurances Review, Request for Rephasing of Purchases Under the Arrangement, and Request for Waiver of...
International Monetary Fund (IMF); International … - 2010
The labor market remains weak, disinflation has slowed, but falling wages are improving competitiveness. The weak economic environment is putting pressure on the banking sector. Financial conditions have deteriorated recently because of international financial market tensions. The Bank of Latvia...
Persistent link: https://www.econbiz.de/10011245352
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Republic of Lithuania; Financial Sector Assessment Program Update-Technical Note-Insolvency and Creditor Rights Assessment
International Monetary Fund (IMF); International … - 2008
This Technical Note discusses key findings of the insolvency and creditor rights assessment for Lithuania. Lithuania … area of corporate insolvency, the Enterprise Bankruptcy Law and the Law on Restructuring of Enterprises are generally …
Persistent link: https://www.econbiz.de/10011245697
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Insolvency After the 2005 Bankruptcy Reform
Albanesi, Stefania; Nosal, Jaromir - C.E.P.R. Discussion Papers - 2015
, especially, the financial cost of filing for bankruptcy. We study the effects of the reform on bankruptcy, insolvency, and … foreclosure. We find that the reform caused a permanent drop in the Chapter 7 bankruptcy rate relative to pre-reform levels, due …. We find that the decline in bankruptcy filings resulted in a rise in the rate and persistence of insolvency as well as an …
Persistent link: https://www.econbiz.de/10011252618
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Insolvency after the 2005 bankruptcy reform
Albanesi, Stefania; Nosal, Jaromir B. - Federal Reserve Bank of New York - 2015
, especially, the financial cost of filing for bankruptcy. We study the effects of the reform on bankruptcy, insolvency, and … foreclosure. We find that the reform caused a permanent drop in the Chapter 7 bankruptcy rate relative to pre-reform levels, owing …. We find that the decline in bankruptcy filings resulted in a rise in the rate and persistence of insolvency as well as an …
Persistent link: https://www.econbiz.de/10011254936
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Housing Finance in the Euro Area.
Drudi, Francesco; Köhler-Ulbrich, Petra; Protopapa, Marco - European Central Bank - 2009
This report analyses the main developments in housing finance in the euro area in the decade, covering the period from 1999 to 2007. It looks at mortgage indebtedness, various characteristics of loans for house purchase, the funding of such loans and the spreads between the interest rates on...
Persistent link: https://www.econbiz.de/10004969142
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Two Approaches to Resolving Nonperforming Assets During Financial Crises
Woo, D. - International Monetary Fund (IMF) - 2000
The unprecedented rise in nonperforming assets during the recent Asian financial crisis severely tested the limit and capacity of the existing asset management infrastructure, leading policymakers to consider new approaches to resolve them. This paper examines two such approaches—the creation...
Persistent link: https://www.econbiz.de/10005826132
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Republic of Korea; 2002 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director...
International Monetary Fund (IMF); International … - 2003
This 2002 Article IV Consultation highlights that the economic growth of Korea rose to about 6 percent in 2002 from 3 percent in 2001. Buoyant consumption and residential construction spending underpinned the recovery beginning in late 2001. In 2002, exports rebounded strongly in spite of a...
Persistent link: https://www.econbiz.de/10005598815
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Principles of Household Debt Restructuring
Laryea, Thomas; Laeven, Luc - International Monetary Fund (IMF) - 2009
Persistent link: https://www.econbiz.de/10010790464