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International Monetary Fund. Middle East and Central Asia Dept.

Abstract

Klakow Akepanidtaworn, Gareth Anderson, Dalmacio R Benicio, and Joyce C. Wong prepared this chapter, and Oluremi Akin-Olugbade provided research assistance.

International Monetary Fund. Monetary and Capital Markets Department

The Financial Sector Assessment Program (FSAP) Provides In-Depth Assessments Of Financial Sectors. FSAPs Are Usually Conducted Jointly With The World Bank In Emerging Market And Developing Economies And By The Fund Alone In Advanced Economies. Fsaps Provide Valuable Analysis And Policy Recommendations For Surveillance And Capacity Development. Since The Program’s Inception, 157 Fund Members Have Undergone Individual Or Regional Fsaps. In Recent Years, The Fund Has Been Conducting 12–14 Fsaps Per Year At A Cost Of About 3 Percent Of The Fund’s Direct Spending.

International Monetary Fund. Monetary and Capital Markets Department
Mr. Andrew M. Warner

For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterly magazine brings you in-depth analyses of these and other subjects by the IMF’s own staff as well as by prominent international experts. Articles are written for lay readers who want to enrich their understanding of the workings of the global economy and the policies and activities of the IMF.

International Monetary Fund. Monetary and Capital Markets Department
International Monetary Fund. Finance Dept., International Monetary Fund. Strategy, Policy, &, Review Department, and International Monetary Fund. Statistics Dept.

The paper recaps the findings of previous staff work on the adequacy of Fund resources and tests the robustness of the earlier analysis.