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Slovenian banks deteriorated markedly in recent years as a result of the unfavorable operating environment and weak governance …. Despite some deleveraging, banks continued to depend heavily on wholesale funding from abroad. Slovenia’s rebalancing …
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In various writings Karl Marx made references to an "aristocracy of finance" in Western Europe and the United States … decades, and especially in the context of the current crisis, a new "aristocracy of finance" has emerged, as corporate … holdings of the public debt have become rapidly concentrated in favor of large corporations classified within Finance …
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Management Department (FRMD) within the Ministry of Finance. The stated objective of the new department would be to strengthen … finance on issues of fiscal risk and recommending actions to mitigate risks; and (iii) coordinating all government entities …
Persistent link: https://www.econbiz.de/10012248201
This Technical Assistance paper on Ukraine reviews the results of the 2015 fiscal decentralization reform and the amendments to the Budget Code for implementation of certain Public Financial Management reforms. Several design issues are slowing the process of voluntary amalgamation of...
Persistent link: https://www.econbiz.de/10012153872
Based on five case studies, this paper looks at the definition and classification of fiscal risks; sets out the components of a comprehensive fiscal risks framework; and examines how to operationalise such a framework. It then summarises challenges and key lessons to be considered by countries...
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