The 2008 banking failures in the UK and the United States reshaped global economic governance. The aftershocks of the financial crisis exposed the need for global agencies which could rapidly allocate resources to prevent countries collapsing. Equally highlighted was the need for more inclusive...

The focus of the paper is on five key financial stability issues in Emerging market and developing economies (EMDEs), which have been selected on the basis of their degree of materiality for a reasonably broad range of EMDEs; their implications for regulatory, supervisory or other financial...