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The aim of this essay is to provide an overview of the Financial Stability Board's (FSB) mandate and tools to safeguard financial stability and reduce systemic risks based on the methodological perspective of a legal analysis. It examines some of the recommendations that the FSB has published,...
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conditions seem to be influenced by contemporaneous World Bank activity. Moreover, the paper tries to explain compliance with … World Bank conditionality as well as interruptions of IMF programs in the recipient countries. Compliance with World Bank …. However, no other political factors seem to influence interruptions and compliance systematically. The paper describes the …
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, cost effectiveness, equity, flexibility in the presence of new information, and incentives for participation and compliance … market-based approaches, especially those with price mechanisms; and participation and compliance incentives are inadequately … environmental outcome and efficiency, and between cost-effectiveness and incentives for participation and compliance. …
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incapable of inducing significant participation and compliance. We assess the Protocol and thirteen alternative policy … compliance. We find that those approaches that offer cost-effective mitigation are unlikely to induce significant participation … and compliance, while those approaches that are likely to enjoy a reasonably high level of implementation by sovereign …
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This article analyzes whether and to what extent reliance on conditionality is appropriate to guarantee the revolving character of Fund resources. The paper presents theoretical arguments in favour of conditionality, and those against the use of conditions. It summarizes the track record of...
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compliance with conditionality affect the risk of currency crises and the outcome of such crises. Specifically, we investigate … authorities devalue the exchange rate. The amount of loans and compliance with conditionality have no impact. Our results suggest …
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