Showing 81 - 90 of 99,173
This paper presents key finding of the Financial System Stability Assessment for the Republic of Korea, including Reports on the Observance of Standards and Codes on Monetary and Financial Policy Transparency, Banking Supervision, Securities Regulation, Insurance Regulation, Corporate...
Persistent link: https://www.econbiz.de/10005591412
The Great Recession underlined that policies in some countries can have profound spillovers elsewhere. Sadly, the solution of simulating large macroeconomic models to measure these spillovers has been found wanting. Typical models generate lower international correlations of output and financial...
Persistent link: https://www.econbiz.de/10010790309
This paper examines a range of issues relating to bond markets in the ASEAN5 (Indonesia, Malaysia, Philippines, Singapore and Thailand) - physical infrastructure including trading, clearing and settlement; regulation, supervision and legal underpinnings; and derivatives markets - and finds that...
Persistent link: https://www.econbiz.de/10009151209
The U.S. economy continues to recover at a modest pace, in line with international experience following severe financial crises. The key priority for fiscal policy is to stabilize the debt ratio and gradually reduce it. The fiscal framework should include an endorsement of the main medium-term...
Persistent link: https://www.econbiz.de/10011242773
This Selected Issues paper on the United Arab Emirates highlights the macroprudential policies. The fixed exchange rate and persistent structural liquidity surpluses in upswings add to the difficulties in managing aggregate demand contain credit expansion. The exchange rate peg and the open...
Persistent link: https://www.econbiz.de/10011243419
The size of the U.S. economy and, in particular, the global dominance of its financial markets creates uniquely large policy spillovers. Concerns that the end of QE2 could lead to a rapid reversal of emerging market capital flows appear overblown. A credible plan for a gradual U.S. fiscal...
Persistent link: https://www.econbiz.de/10011243769
Persistent link: https://www.econbiz.de/10013392348
This paper examines opposing views on the euro's challenge to the dollar as an international currency. One view … externalities," particularly undergirding continued dollar dominance. The data to date support the second view but also show the … euro has significantly overtaken the legacy currencies as a reserve currency. Generally, large economic size alone is …
Persistent link: https://www.econbiz.de/10005825711
Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience...
Persistent link: https://www.econbiz.de/10011245894
Persistent link: https://www.econbiz.de/10011711711