This note reviews the main elements of the New Basel III global regulatory framework and its regulatory implications, as well as the menu of macro prudential regulatory options to consider for application to ensure more resilient banks and baking systems

Economic and natural crises and shocks are unfortunately recurring events, but the better a country is prepared for such eventualities, the lesser the impact may be. In 2009, in the wake of the global economic crisis, the Government of Indonesia piloted a Crisis Monitoring and Response System...

This document contains a detailed description of the design, development, and operations of the Crisis Monitoring and Response System (CMRS). It covers the period from January 2009, when the CMRS was initiated, until September 2010 when the final CMRS reports (including this one) were completed....

The note is structured as follows: section two provides a brief discussion of the data; section three presents the Life in Transition-Supplemental Modules (LITS-SM) findings on the impact of the crisis, while section four presents the new profile of social inclusion indicators. How risk of...

Malaysia achieved unprecedented economic growth and dramatic poverty reduction in the two decades prior to 1997. As a result, pressure on public expenditures was alleviated and when the regional financial crisis hit in 1997, the budget was in surplus and public debt had fallen to around 30...

Turkey experienced severe losses of life and infrastructure in 1999 caused by the August earthquake. The earthquake was followed by a period of economic and financial crisis, culminating in a major currency devaluation in February 2001. What has been the social impact of these crises? In order...

Turkey experienced severe losses of life and infrastructure in 1999 caused by the August earthquake. The earthquake was followed by a period of economic and financial crisis, culminating in a major currency devaluation in February 2001. What has been the social impact of these crises? In order...

This note elaborates on the recommendations made in the Financial Sector Assessment Program (FSAP) for Nigeria in the areas of contingency planning, crisis management, and bank resolution. It summarizes the findings of the FSAP mission undertaken during September 4 to 19, 2012 and is based upon...

This report presents an overview of general findings from International Labor Office (ILO) and World Bank (WB) database. The report only uses a fraction of this large and rich database and is an invitation for researchers and practitioners to use the data for more in-depth research, which can be...

The effects of the global economic slowdown on peoples' employment and earnings are at the core of its social impacts, manifested largely through increased job uncertainties and reduced worker earnings in crisis-affected sectors, as opposed to widespread open unemployment. The global economic...