The United Kingdom's macroprudential policy framework has proven its effectiveness. After the Global Financial Crisis (GFC) of 2007-09, the United Kingdom assigned the Bank of England (BOE) a clear financial stability mandate, created a new Financial Policy Committee (FPC) to set macroprudential...

The Financial Sector Assessment Program (FSAP) carried out a focused review of the non-banks in the United Kingdom and systemic liquidity. It reviewed five areas: (i) The overall NBFI system, its links to banks and the rest of the world; (ii) NBFI direct lending to the U.K. economy; (iii)...

The FSAP started in an important macro-financial phase right after the second Covid wave and a third lockdown. The balance sheet resilience of major institutional sectors was at the center of policy considerations. Against this backdrop, the FSAP analyzed the pandemic's potential "scarring" of...

Contents: Part I: Life and work -- 1. John Neville Keynes / Heinrich Bortis -- 2. Florence Ada Keynes / Indra Hardeen -- 3. Lydia Lopokova / Indra Hardeen -- 4. The Bloomsbury Group / Victoria Chick -- 5. The India Office / Donald Moggridge -- 6. World War I / Donald Moggridge -- 7. Keynes and...

Der Beschaffungsprozess im Unternehmen -- Bedarfsanalyse und Bedarfsanforderung -- Die Anfrage -- Angebotsvergleich -- Die Angebotsverhandlung -- Auftragsvergabe: Die Bestellung -- Kontrolle der Leistungserbringung -- Umgang mit Vertragsstörungen.

The IMF conducted a diagnostic review of the financial system of the Kingdom of Eswatini and proposed a Technical Assistance Roadmap to support the authorities' detection of risks and vulnerabilities and to enhance capacity in financial sector oversight. The financial stability module focused on...

This paper studies the effect of the VAT threshold on firm growth in the UK, using exogenous variation over time in the threshold, combined with turnover bin fixed effects, for identification. We find robust evidence that annual growth in turnover slows by about 1 percentage point when firm...