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Remsperger, Hermann; Worms, Andreas - Center for Financial Studies - 1999

For some time now the buzzword 'transparency' has been bandied about in the media almost daily. For example, calls were … made for greater transparency in the financial system in connection with developments in the Asian financial markets. But … the call for greater transparency goes far beyond the financial markets. It is now regarded as a necessary part of good …

Persistent link: https://www.econbiz.de/10010958721

The Role of Transparency in the Conduct of Monetary Policy

Minegishi, Makoto; Cournède, Boris - Economics Department, Organisation de Coopération et … - 2009

In contrast to the once prevailing norm of secrecy and opaqueness, transparency has now become one of the main features … converged markedly in the direction of ever greater transparency. Empirical evidence is consistent with the hypothesis that … transparency contributes to the successful conduct of monetary policy: higher transparency is a typical element of monetary …

Persistent link: https://www.econbiz.de/10008498035

Russia's Long and Winding Road to a more Efficient and Resilient Banking Sector

Barnard, Geoff - Economics Department, Organisation de Coopération et … - 2009

In the decade following the 1998 financial crisis Russia’s banking system grew much larger and stronger – indeed, growth rates were dangerously high – but even before the onset of the current global crisis it continued to play a limited role in intermediating savings and investment,...

Persistent link: https://www.econbiz.de/10008498037

Fifteen Years of Economic Reform in Russia: What has been Achieved? What Remains to be Done?

Ahrend, Rudiger; Tompson, William - Economics Department, Organisation de Coopération et … - 2005

The paper provides an overview of the course of economic reform and the performance of the Russian economy since the early 1990s and an analysis of the structural reform challenges ahead. It assesses the contribution of institutional and structural reforms to economic performance over the...

Persistent link: https://www.econbiz.de/10005045923

Banking Reform in Russia: Problems and Prospects

Tompson, William - Economics Department, Organisation de Coopération et … - 2004

supervision, steps to increase transparency in the sector, and measures to facilitate the development of specific banking …

Persistent link: https://www.econbiz.de/10005045927