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This paper assesses countries' compliance with the Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) international standard during the period 2004 to 2011. We find that overall compliance is low; there is an adverse impact on financial transparency created by the...
Persistent link: https://www.econbiz.de/10009203542
Intro -- Contents -- I. INTRODUCTION -- II. FINANCIAL INTEGRATION REDUCES RISK -- III. ESTIMATION METHODOLOGY AND DATA -- IV. RESULTS -- V. CONCLUSION -- Appendix. Data Sources and Construction -- References.
Persistent link: https://www.econbiz.de/10012690982
DIVERSIFICATION -- V. RIGID WAGES -- VI. CONCLUSION -- APPENDIX: THE MODEL -- REFERENCES. …
Persistent link: https://www.econbiz.de/10012691138
Persistent link: https://www.econbiz.de/10012691155
, despite its established economic benefits, several challenges have precluded diversification in SSA. Against this backdrop … digitalization is a promising avenue to overcome barriers to diversification. Fast-paced advances in the diffusion of digital … new and unprecedented ways. Therefore, digitalization has the potential to promote diversification and growth in SSA by …
Persistent link: https://www.econbiz.de/10015080303
quantify the loss of international diversification benefits for major advanced economies, which have a significant presence in … imply a potentially significant loss of international diversification benefits of financial openness for the considered …
Persistent link: https://www.econbiz.de/10015058604
This paper presents the theoretical structure of MAPMOD, a new IMF model designed to study vulnerabilities associated with excessive credit expansions, and to support macroprudential policy analysis. In MAPMOD, bank loans create purchasing power that facilitates adjustments in the real economy....
Persistent link: https://www.econbiz.de/10010790398
This paper, together with a technical companion paper, presents MAPMOD, a new IMF model designed to study vulnerabilities associated with excessive credit expansions, and to support macroprudential policy analysis. In MAPMOD, bank loans create purchasing power that facilitates adjustments in the...
Persistent link: https://www.econbiz.de/10010790408
This paper investigates the determinants of bank funding costs for a sample of internationally active banks from 2001–12. We find that changes in banks’ unsecured funding costs are associated with bank-specific characteristics such as an institution’s credit worthiness and...
Persistent link: https://www.econbiz.de/10011142003
Developments during the global financial crisis have highlighted the importance of differentiating across financial systems and institutions. Assessments of financial stability have increasingly considered the characteristics of individual banks within a financial system, as well as those with...
Persistent link: https://www.econbiz.de/10011142011