Sensitivities are the core inputs to the Standardized Approach of the Fundamental Review of the Trading Book (FRTB) and are costly to implement and calculate for large portfolios and complex products. The internally calculated sensitivities by institutions may not be directly applicable for FRTB...

The square-root-of-time rule (SRTR) has been used in previous Basel market risk framework to scale one day Value-at-Risk (VaR) to 10-day VaR and is extended to expected shortfall (ES) with multiple liquidity horizons in the latest Fundamental Review of the Trading Book (FRTB) Internal Model...

New technologies can help drive sustainable development, what can be called “SusTech” solutions. But how can these be supported by governments adopted by firms (especially in managing value chains) and encouraged by users? This policy brief proposes a threepart solution: (1) The G20 should...

The shuttering of commercial activity in the face of the Corona (Covid-19) pandemic will have a dramatic effect on the global economy. UNCTAD's Division on Investment and Enterprise has been monitoring the impact on investment, as well as its implications for development. In the face of the...

Volume 26 number 2 of the Transnational Corporations journal is a special issue dedicated to special economic zones (SEZs) and their potential as vehicles for development. The issue grew out of research and background papers that fed into UNCTAD's World Investment Report 2019, the thematic focus...