The fallout from the 2008 financial crisis has been particularly acute in the euro area Member States of the south-western rim and in the new EU Member States, due to their previously accumulated macroeconomic and financial imbalances. The perception that the euro environment provided a solid...

La “disciplina fiscal” como problema, está cobrando vigencia en el debate académico, teórico y político de muchos países, tanto desarrollados como en desarrollo; dado que la regla de “equilibrio fiscal” que es igual a déficit fiscal cero, se estableció como pieza central para...

A partir de un enfoque esencialmente comparativo, Un gasto que valga: los fondos públicos en Centroamérica y República Dominicana ayuda a comprender la problemática del gasto público en la región, identificando las fortalezas y debilidades de cada país en temas como el nivel y la...

A partir de un enfoque esencialmente comparativo, Un gasto que valga: los fondos públicos en Centroamérica y República Dominicana ayuda a comprender la problemática del gasto público en la región, identificando las fortalezas y debilidades de cada país en temas como el nivel y la...

Organizado por: Banco de España

Evento: 6th DNB-Riksbank- Bundesbank Macroprudential Conference. Organizado por: Bundesbank. ; The dynamics and complexity of all the different segments of the financial market call for forward-looking and flexible macroprudential approaches that can react to a broad range of shocks. It is...

Reviews data on unrecorded remittance flows, identifies the determinants of remittance flows and analyses their uses. Explores policy measures to attract remittances and to influence their domestic uses, highlighting the role of microfinance in linking unrecorded remittances to development....

Argues that the effects of financial liberalization on employment and incomes often carry disturb economic and social development and that financial liberalization warrants at least as much attention as trade liberalization. Compares and weighs the potential benefits in terms of growth against...

Considers how institutions from the social economy, particularly cooperatives and cooperative financial institutions throughout the world and in Sub-Saharan Africa, are managing the current crisis and how they may be contributing to impact mitigation.