Showing 1 - 10 of 1,317
This paper assesses Vietnam’s 2001 Article IV Consultation, First Review Under the Poverty Reduction and Growth Facility (PRGF), and a Request for Waiver and Modification of Performance Criteria. Economic performance has been positive so far in 2001, under the first-year PRGF-supported...
Persistent link: https://www.econbiz.de/10005598787
Dollarization of liabilities (DL) has emerged as a key factor in explaining the vulnerability of emerging markets to financial and currency crises. "Usual suspects" of causing DL comprise "fatalistic" determinants such as a long history of unsound macroeconomic policies and development and...
Persistent link: https://www.econbiz.de/10005599618
The unprecedented rise in nonperforming assets during the recent Asian financial crisis severely tested the limit and capacity of the existing asset management infrastructure, leading policymakers to consider new approaches to resolve them. This paper examines two such approaches—the creation...
Persistent link: https://www.econbiz.de/10005826132
We study the characteristics of credit booms in emerging and industrial economies. Macro data show a systematic relationship between credit booms and economic expansions, rising asset prices, real appreciations and widening external deficits. Micro data show a strong association between credit...
Persistent link: https://www.econbiz.de/10005263687
This paper uses a DSGE model with banks and financial frictions in credit markets to assess the medium-term macroeconomic costs of increasing capital and liquidity requirements. The analysis indicates that the macroeconomic costs of such measures are sensitive to the length of the implementation...
Persistent link: https://www.econbiz.de/10009019582
function of the waste water charge with an increase in revenue to avoid putting the other funding targets of the revenue and …
Persistent link: https://www.econbiz.de/10011188595
Population aging challenges pay-as-you-go pension systems. Solving the associated funding problem constantly motivates … increasing financial burden of national finances. To ensure sustainable funding of pensions, the calculation formula of the …, which are not optimally used regarding the funding of public pensions. Simulations show that a variable demographic factor …
Persistent link: https://www.econbiz.de/10010892214
Persistent link: https://www.econbiz.de/10004998635
Persistent link: https://www.econbiz.de/10005037347
Operationelle Risiken stellen für Banken nach dem Kreditrisiko die zweitwichtigste Risikokategorie dar. Ein effektives Risikomanagement der operationellen Risiken dürfte in Zukunft ein entscheidender Wettbewerbsfaktor sein. Im Rahmen der Neuregelung der bankaufsichtsrechtlichen Vorgaben...
Persistent link: https://www.econbiz.de/10009207050