Volume/Issue: 2021/034
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. African Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
February
2021
DOI: http://dx.doi.org/10.5089/9781513568461.002
ISBN: 9781513568461
Selected Issues...
Volume/Issue: 2021/034
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. African Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
February
2021
ISBN: 9781513568461
Selected Issues...
Volume/Issue: 2021/034
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. African Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
February
2021
ISBN: 9781513568461
Selected Issues...
Volume/Issue: 2021/034
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. African Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
February
2021
ISBN: 9781513568461
Selected Issues...
Volume/Issue: 2021/034
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. African Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
February
2021
ISBN: 9781513568461
Selected Issues...
Volume/Issue: 2020/260
Series: IMF Working Papers
Author(s):
Thilo Kroeger
,
Anh Thi Ngoc Nguyen
,
Yuanyan Sophia Zhang
,
Pham Dinh Thuy
,
Nguyen Huy Minh
, and
Duong Danh Tuan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
20
November
2020
ISBN: 9781513561820
The paper uses firm-level data to assess the financial health of the Vietnamese non-financial corporate sector on the eve of pandemic. Our analysis finds that smaller domestic firms were particularly vulnerable eve...
Volume/Issue: 2020/260
Series: IMF Working Papers
Author(s):
Thilo Kroeger
,
Anh Thi Ngoc Nguyen
,
Yuanyan Sophia Zhang
,
Pham Dinh Thuy
,
Nguyen Huy Minh
, and
Duong Danh Tuan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
20
November
2020
DOI: http://dx.doi.org/10.5089/9781513561820.001
ISBN: 9781513561820
The paper uses firm-level data to assess the financial health of the Vietnamese non-financial corporate sector on the eve of pandemic. Our analysis finds that smaller domestic firms were particularly vulnerable eve...
Volume/Issue: 2019/244
Series: IMF Working Papers
Author(s):
Pragyan Deb
,
Albe Gjonbalaj
, and
Swarnali Hannan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
November
2019
ISBN: 9781513516097
China's current account surplus has declined significantly from its peak in 2008 and the external position in 2018 was in line with medium-term fundamentals and desirable policies. While cyclical factors and expans...
Volume/Issue: 2019/244
Series: IMF Working Papers
Author(s):
Pragyan Deb
,
Albe Gjonbalaj
, and
Swarnali Hannan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
November
2019
DOI: http://dx.doi.org/10.5089/9781513516097.001
ISBN: 9781513516097
China's current account surplus has declined significantly from its peak in 2008 and the external position in 2018 was in line with medium-term fundamentals and desirable policies. While cyclical factors and expans...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
November
2019
DOI: http://dx.doi.org/10.5089/9781513514017.086
ISBN: 9781513514017
Economic activity in Europe has slowed on the back of weakness in trade and manufacturing. For most of the region, the slowdown remains externally driven. However, some signs of softer domestic demand have started...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
November
2019
ISBN: 9781513514017
Economic activity in Europe has slowed on the back of weakness in trade and manufacturing. For most of the region, the slowdown remains externally driven. However, some signs of softer domestic demand have started...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
November
2019
ISBN: 9781513514017
Economic activity in Europe has slowed on the back of weakness in trade and manufacturing. For most of the region, the slowdown remains externally driven. However, some signs of softer domestic demand have s...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
November
2019
ISBN: 9781513514017
Figure 1.1.
Global Trade and Manufacturing
Sources: IMF, Global Data Source; and IMF...
Series: Regional Economic Outlook
Author(s):
International Monetary Fund. European Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
06
November
2019
ISBN: 9781513514017
Wages have been rising faster than productivity in many European countries, yet signs of underlying consumer price pressures remain limited. To shed light on this pu...
Volume/Issue: 2019/191
Series: IMF Working Papers
Author(s):
Natalija Novta
, and
Evgenia Pugacheva
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
September
2019
DOI: http://dx.doi.org/10.5089/9781498320450.001
ISBN: 9781498320450
We examine the extent to which declining manufacturing employment may have
contributed to increasing inequality in advanced economies. This contribution is typically
small, except in the United States. We explore t...
Volume/Issue: 2019/191
Series: IMF Working Papers
Author(s):
Natalija Novta
, and
Evgenia Pugacheva
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
13
September
2019
ISBN: 9781498320450
We examine the extent to which declining manufacturing employment may have
contributed to increasing inequality in advanced economies. This contribution is typically
small, except in the United States. We explore t...
Volume/Issue: 2013/240
Series: IMF Working Papers
Author(s):
Malhar Nabar
, and
Kai Yan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
November
2013
DOI: http://dx.doi.org/10.5089/9781475525854.001
ISBN: 9781475525854
This paper studies structural changes underlying China's remarkable and unprecedented growth in recent years. While patterns of structural transformation across China's provinces are broadly in line with internatio...
Volume/Issue: 2013/240
Series: IMF Working Papers
Author(s):
Malhar Nabar
, and
Kai Yan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
November
2013
ISBN: 9781475525854
This paper studies structural changes underlying China's remarkable and unprecedented growth in recent years. While patterns of structural transformation across China's provinces are broadly in line with internatio...
Volume/Issue: 2013/110
Series: IMF Working Papers
Author(s):
Nizar Jouini
, and
Nooman Rebei
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
May
2013
DOI: http://dx.doi.org/10.5089/9781484367735.001
ISBN: 9781484367735
We propose an integrated method based on a two-sector small open economy dynamic and stochastic general equilibrium model to estimate non-tariff barriers and quantify the impact of services liberalization. The majo...
Volume/Issue: 2013/110
Series: IMF Working Papers
Author(s):
Nizar Jouini
, and
Nooman Rebei
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
May
2013
ISBN: 9781484367735
We propose an integrated method based on a two-sector small open economy dynamic and stochastic general equilibrium model to estimate non-tariff barriers and quantify the impact of services liberalization. The majo...
Volume/Issue: 2012/68
Series: IMF Working Papers
Author(s):
Damiano Sandri
, and
Fabian Valencia
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
March
2012
ISBN: 9781463938451
We develop a dynamic stochastic general equilibrium model with financial frictions on both financial intermediaries and goods-producing firms. In this context, due to high leverage of financial intermediaries, bala...
Volume/Issue: 2012/68
Series: IMF Working Papers
Author(s):
Damiano Sandri
, and
Fabian Valencia
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
March
2012
DOI: http://dx.doi.org/10.5089/9781463938451.001
ISBN: 9781463938451
We develop a dynamic stochastic general equilibrium model with financial frictions on both financial intermediaries and goods-producing firms. In this context, due to high leverage of financial intermediaries, bala...
Volume/Issue: 2012/59
Series: IMF Working Papers
Author(s):
Nicola Spatafora
,
Rahul Anand
, and
Saurabh Mishra
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
February
2012
DOI: http://dx.doi.org/10.5089/9781463937775.001
ISBN: 9781463937775
A new dataset on export sophistication reveals that in many countries the importance of modern services, and the sophistication of manufactured and service exports, has increased over time. However, this trend was...
Volume/Issue: 2012/59
Series: IMF Working Papers
Author(s):
Nicola Spatafora
,
Rahul Anand
, and
Saurabh Mishra
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
February
2012
ISBN: 9781463937775
A new dataset on export sophistication reveals that in many countries the importance of modern services, and the sophistication of manufactured and service exports, has increased over time. However, this trend was...
Volume/Issue: 2012/9
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
20
January
2012
ISBN: 9781463932503
The 2011 Article IV Consultation highlights that low growth is expected for Montserrat in 2011 after sharp output contractions in 2009-10. Stress in the financial sector and slower-than-expected development of majo...
Volume/Issue: 2012/8
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
20
January
2012
ISBN: 9781463930523
The downturn has accentuated strains on the financial system of Anguilla. The 2011 Article IV Consultation highlights that the growth outlook is improving with major tourism projects getting back on course, althoug...
Volume/Issue: 2012/8
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
20
January
2012
DOI: http://dx.doi.org/10.5089/9781463930523.002
ISBN: 9781463930523
The downturn has accentuated strains on the financial system of Anguilla. The 2011 Article IV Consultation highlights that the growth outlook is improving with major tourism projects getting back on course, althoug...
Volume/Issue: 2012/9
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
20
January
2012
DOI: http://dx.doi.org/10.5089/9781463932503.002
ISBN: 9781463932503
The 2011 Article IV Consultation highlights that low growth is expected for Montserrat in 2011 after sharp output contractions in 2009-10. Stress in the financial sector and slower-than-expected development of majo...
Volume/Issue: 2012/8
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
20
January
2012
ISBN: 9781463930523
The downturn has accentuated strains on the financial system of Anguilla. The 2011 Article IV Consultation highlights that the growth outlook is improving with major tourism projects getting back on course, althoug...
Volume/Issue: 2012/9
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
20
January
2012
ISBN: 9781463932503
The 2011 Article IV Consultation highlights that low growth is expected for Montserrat in 2011 after sharp output contractions in 2009-10. Stress in the financial sector and slower-than-expected development of majo...
Volume/Issue: 2012/8
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
20
January
2012
ISBN: 9781463930523
The downturn has accentuated strains on the financial system of Anguilla. The 2011 Article IV Consultation highlights that the growth outlook is improving with major tourism projects getting back on course, althoug...
Volume/Issue: 2012/9
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
20
January
2012
ISBN: 9781463932503
The 2011 Article IV Consultation highlights that low growth is expected for Montserrat in 2011 after sharp output contractions in 2009-10. Stress in the financial sector and slower-than-expected development of majo...
Volume/Issue: 2012/10
Series: IMF Working Papers
Author(s):
Neeltje Horen
, and
Stijn Claessens
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
January
2012
ISBN: 9781463931155
This paper introduces a comprehensive database on bank ownership for 137 countries over 1995-2009, and reviews foreign bank behavior and impact. It documents substantial increases in foreign bank presence, with man...
Volume/Issue: 2012/10
Series: IMF Working Papers
Author(s):
Neeltje Horen
, and
Stijn Claessens
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
January
2012
DOI: http://dx.doi.org/10.5089/9781463931155.001
ISBN: 9781463931155
This paper introduces a comprehensive database on bank ownership for 137 countries over 1995-2009, and reviews foreign bank behavior and impact. It documents substantial increases in foreign bank presence, with man...
Volume/Issue: 2011/214
Series: IMF Working Papers
Author(s):
Alexander Massara
, and
Luca Errico
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
September
2011
ISBN: 9781463902964
The paper focuses on systemically important jurisdictions in the global trade network, complementing recent IMF work on systemically important financial sectors. Using the IMF's Direction of Trade Statistics (DOTS)...
Volume/Issue: 2011/214
Series: IMF Working Papers
Author(s):
Alexander Massara
, and
Luca Errico
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
September
2011
DOI: http://dx.doi.org/10.5089/9781463902964.001
ISBN: 9781463902964
The paper focuses on systemically important jurisdictions in the global trade network, complementing recent IMF work on systemically important financial sectors. Using the IMF's Direction of Trade Statistics (DOTS)...
Volume/Issue: 2011/225
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
August
2011
DOI: http://dx.doi.org/10.5089/9781462336517.002
ISBN: 9781462336517
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discuss...
Volume/Issue: 2011/225
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
August
2011
ISBN: 9781462336517
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discuss...
Volume/Issue: 2011/225
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
August
2011
ISBN: 9781462336517
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discuss...
Volume/Issue: 2011/186
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
19
July
2011
ISBN: 9781462338542
The European Union's (EU) financial stability framework is being markedly strengthened. This is taking place on the heels of a severe financial crisis owing to weaknesses in the banking system interrelated with sov...
Volume/Issue: 2011/186
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
19
July
2011
ISBN: 9781462338542
The European Union's (EU) financial stability framework is being markedly strengthened. This is taking place on the heels of a severe financial crisis owing to weaknesses in the banking system interrelated with sov...
Volume/Issue: 2011/186
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
19
July
2011
ISBN: 9781462338542
The European Union's (EU) financial stability framework is being markedly strengthened. This is taking place on the heels of a severe financial crisis owing to weaknesses in the banking system interrelated with sov...
Volume/Issue: 2011/186
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
19
July
2011
ISBN: 9781462338542
The European Union's (EU) financial stability framework is being markedly strengthened. This is taking place on the heels of a severe financial crisis owing to weaknesses in the banking system interrelated with sov...
Volume/Issue: 2011/186
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
19
July
2011
ISBN: 9781462338542
The European Union's (EU) financial stability framework is being markedly strengthened. This is taking place on the heels of a severe financial crisis owing to weaknesses in the banking system interrelated with sov...
Volume/Issue: 2011/186
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
19
July
2011
ISBN: 9781462338542
The European Union's (EU) financial stability framework is being markedly strengthened. This is taking place on the heels of a severe financial crisis owing to weaknesses in the banking system interrelated with sov...
Volume/Issue: 2011/186
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
19
July
2011
DOI: http://dx.doi.org/10.5089/9781462338542.002
ISBN: 9781462338542
The European Union's (EU) financial stability framework is being markedly strengthened. This is taking place on the heels of a severe financial crisis owing to weaknesses in the banking system interrelated with sov...
Volume/Issue: 2011/77
Series: IMF Working Papers
Author(s):
Luca Ricci
, and
Federico Trionfetti
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
April
2011
ISBN: 9781455227020
This paper tests the effect of comparative advantage, size, and networking on the firm probability of exporting. The closest theoretical framework is the one of Bernard, Redding, and Schott (2007), with firm hetero...
Volume/Issue: 2011/77
Series: IMF Working Papers
Author(s):
Luca Ricci
, and
Federico Trionfetti
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
April
2011
DOI: http://dx.doi.org/10.5089/9781455227020.001
ISBN: 9781455227020
This paper tests the effect of comparative advantage, size, and networking on the firm probability of exporting. The closest theoretical framework is the one of Bernard, Redding, and Schott (2007), with firm hetero...
Volume/Issue: 2010/318
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
20
October
2010
DOI: http://dx.doi.org/10.5089/9781455208692.002
ISBN: 9781455208692
The level of domestically generated proceeds of serious crime in San Marino is low. However, San Marino is vulnerable to money laundering (ML) of proceeds of crimes committed abroad. The Sammarinese financial secto...
Volume/Issue: 2010/318
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
20
October
2010
ISBN: 9781455208692
The level of domestically generated proceeds of serious crime in San Marino is low. However, San Marino is vulnerable to money laundering (ML) of proceeds of crimes committed abroad. The Sammarinese financial secto...
Volume/Issue: 2010/136
Series: IMF Working Papers
Author(s):
Sandrine Kablan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2010
ISBN: 9781455201198
This study assesses the determinants of banking system efficiency in sub-Saharan Africa (SSA) and asks what, besides the degree of efficiency, explains the low level of financial development in the region. It uses...
Volume/Issue: 2010/142
Series: IMF Working Papers
Author(s):
Kei-Mu Yi
,
Rudolfs Bems
, and
Robert Johnson
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2010
ISBN: 9781455201259
This paper uses a global input-output framework to quantify US and EU demand spillovers and the elasticity of world trade to GDP during the global recession of 2008-2009. We find that 20-30 percent of the decline i...
Volume/Issue: 2010/136
Series: IMF Working Papers
Author(s):
Sandrine Kablan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2010
DOI: http://dx.doi.org/10.5089/9781455201198.001
ISBN: 9781455201198
This study assesses the determinants of banking system efficiency in sub-Saharan Africa (SSA) and asks what, besides the degree of efficiency, explains the low level of financial development in the region. It uses...
Volume/Issue: 2010/142
Series: IMF Working Papers
Author(s):
Kei-Mu Yi
,
Rudolfs Bems
, and
Robert Johnson
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2010
DOI: http://dx.doi.org/10.5089/9781455201259.001
ISBN: 9781455201259
This paper uses a global input-output framework to quantify US and EU demand spillovers and the elasticity of world trade to GDP during the global recession of 2008-2009. We find that 20-30 percent of the decline i...
Volume/Issue: 2010/95
Series: IMF Working Papers
Author(s):
Torsten Wezel
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
April
2010
ISBN: 9781451982725
This paper investigates the efficiency of domestic and foreign banks in the Central American region during 2002-07. Using two main empirical approaches, Data Envelopment Analysis and Stochastic Frontier Analysis, t...
Volume/Issue: 2010/102
Series: IMF Working Papers
Author(s):
Kulwant Rai
, and
Herman Kamil
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
April
2010
ISBN: 9781455200610
The recent global financial turmoil raised questions about the stability of foreign banks' financing to emerging market countries. While foreign banks' lending growth to most emerging market regions contracted shar...
Volume/Issue: 2010/95
Series: IMF Working Papers
Author(s):
Torsten Wezel
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
April
2010
DOI: http://dx.doi.org/10.5089/9781451982725.001
ISBN: 9781451982725
This paper investigates the efficiency of domestic and foreign banks in the Central American region during 2002-07. Using two main empirical approaches, Data Envelopment Analysis and Stochastic Frontier Analysis, t...
Volume/Issue: 2010/102
Series: IMF Working Papers
Author(s):
Kulwant Rai
, and
Herman Kamil
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
April
2010
DOI: http://dx.doi.org/10.5089/9781455200610.001
ISBN: 9781455200610
The recent global financial turmoil raised questions about the stability of foreign banks' financing to emerging market countries. While foreign banks' lending growth to most emerging market regions contracted shar...
Volume/Issue: 2009/273
Series: IMF Working Papers
Author(s):
Neeltje Horen
, and
Stijn Claessens
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
December
2009
ISBN: 9781451874181
Studying a large number of banks in various countries between 1999 and 2006, we document that foreign banks perform better when from a high income country, when host country competition is limited, and when they ar...
Volume/Issue: 2009/270
Series: IMF Working Papers
Author(s):
Sylwester Kozak
,
Emilia Jurzyk
,
Hans Degryse
, and
Olena Havrylchyk
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
December
2009
ISBN: 9781451874150
We employ a unique data set containing bank-specific information to explore how foreign bank entry determines credit allocation in emerging markets. We investigate the impact of the mode of foreign entry (greenfiel...
Volume/Issue: 2009/273
Series: IMF Working Papers
Author(s):
Neeltje Horen
, and
Stijn Claessens
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
December
2009
DOI: http://dx.doi.org/10.5089/9781451874181.001
ISBN: 9781451874181
Studying a large number of banks in various countries between 1999 and 2006, we document that foreign banks perform better when from a high income country, when host country competition is limited, and when they ar...
Volume/Issue: 2009/270
Series: IMF Working Papers
Author(s):
Sylwester Kozak
,
Emilia Jurzyk
,
Hans Degryse
, and
Olena Havrylchyk
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
December
2009
DOI: http://dx.doi.org/10.5089/9781451874150.001
ISBN: 9781451874150
We employ a unique data set containing bank-specific information to explore how foreign bank entry determines credit allocation in emerging markets. We investigate the impact of the mode of foreign entry (greenfiel...
Volume/Issue: 2009/247
Series: IMF Working Papers
Author(s):
Carlo Gola
, and
Francesco Spadafora
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
November
2009
ISBN: 9781451873948
The global financial crisis has magnified the role of Financial Sector Surveillance (FSS) in the Fund's activities. This paper surveys the various steps and initiatives through which the Fund has increasingly deepe...
Volume/Issue: 2009/247
Series: IMF Working Papers
Author(s):
Carlo Gola
, and
Francesco Spadafora
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
November
2009
DOI: http://dx.doi.org/10.5089/9781451873948.001
ISBN: 9781451873948
The global financial crisis has magnified the role of Financial Sector Surveillance (FSS) in the Fund's activities. This paper surveys the various steps and initiatives through which the Fund has increasingly deepe...
Volume/Issue: 2009/258
Series: IMF Working Papers
Author(s):
Hovhannes Toroyan
, and
George Anayiotos
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
November
2009
DOI: http://dx.doi.org/10.5089/9781451874044.001
ISBN: 9781451874044
The paper assesses the effects of certain institutional factors on financial sector development in Sub- Saharan Africa (SSA). Data Envelopment Analysis (DEA) is applied to determine the extent to which these instit...
Volume/Issue: 2009/258
Series: IMF Working Papers
Author(s):
Hovhannes Toroyan
, and
George Anayiotos
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
November
2009
ISBN: 9781451874044
The paper assesses the effects of certain institutional factors on financial sector development in Sub- Saharan Africa (SSA). Data Envelopment Analysis (DEA) is applied to determine the extent to which these instit...
Volume/Issue: 2009/239
Series: IMF Working Papers
Author(s):
Heiko Hesse
, and
Tao Sun
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
October
2009
DOI: http://dx.doi.org/10.5089/9781451873863.001
ISBN: 9781451873863
This paper examines financial stability issues that arise from the increased presence of sovereign wealth funds (SWFs) in global financial markets by assessing whether and how stock markets react to the announcemen...
Volume/Issue: 2009/239
Series: IMF Working Papers
Author(s):
Heiko Hesse
, and
Tao Sun
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
October
2009
ISBN: 9781451873863
This paper examines financial stability issues that arise from the increased presence of sovereign wealth funds (SWFs) in global financial markets by assessing whether and how stock markets react to the announcemen...
Volume/Issue: 2009/45
Series: IMF Working Papers
Author(s):
Stijn Claessens
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
March
2009
ISBN: 9781451871937
As in other sectors, competition in finance matters for allocative, productive and dynamic efficiency. Theory suggests, however, that unfettered competition is not first best given the special features of finance....
Volume/Issue: 2009/45
Series: IMF Working Papers
Author(s):
Stijn Claessens
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
March
2009
DOI: http://dx.doi.org/10.5089/9781451871937.001
ISBN: 9781451871937
As in other sectors, competition in finance matters for allocative, productive and dynamic efficiency. Theory suggests, however, that unfettered competition is not first best given the special features of finance....
Volume/Issue: 2009/51
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
18
February
2009
ISBN: 9781451808285
This paper discusses details of Cameroon' Financial System Stability Assessment (FSSA). The FSSA is based on the work of a joint IMF-World Bank mission that visited Cameroon as part of the Financial Sector Assessme...
Volume/Issue: 2009/51
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
18
February
2009
DOI: http://dx.doi.org/10.5089/9781451808285.002
ISBN: 9781451808285
This paper discusses details of Cameroon' Financial System Stability Assessment (FSSA). The FSSA is based on the work of a joint IMF-World Bank mission that visited Cameroon as part of the Financial Sector Assessme...
Volume/Issue: 2009/5
Series: IMF Working Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
January
2009
ISBN: 9781451871524
The EU is deliberating the introduction of an explicit "European mandate" for financial sector supervisors to supplement national mandates. Suggestions are made on (i) the formulation of a European mandate; (ii) th...
Volume/Issue: 2009/5
Series: IMF Working Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
January
2009
DOI: http://dx.doi.org/10.5089/9781451871524.001
ISBN: 9781451871524
The EU is deliberating the introduction of an explicit "European mandate" for financial sector supervisors to supplement national mandates. Suggestions are made on (i) the formulation of a European mandate; (ii) th...
Volume/Issue: 2008/246
Series: IMF Working Papers
Author(s):
Marialuz Moreno Badia
,
Veerle Slootmaekers
, and
Ilke Van Beveren
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
October
2008
ISBN: 9781451871043
Using firm-level data for Estonia for the years 1997-2005, we analyze the impact of international competition on firm dynamics, considering both firm closedown and product switching. We contribute to the literature...
Volume/Issue: 2008/246
Series: IMF Working Papers
Author(s):
Marialuz Moreno Badia
,
Veerle Slootmaekers
, and
Ilke Van Beveren
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
October
2008
DOI: http://dx.doi.org/10.5089/9781451871043.001
ISBN: 9781451871043
Using firm-level data for Estonia for the years 1997-2005, we analyze the impact of international competition on firm dynamics, considering both firm closedown and product switching. We contribute to the literature...
Volume/Issue: 2008/120
Series: IMF Working Papers
Author(s):
Issouf Samaké
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
May
2008
DOI: http://dx.doi.org/10.5089/9781451869804.001
ISBN: 9781451869804
We investigate the nexus of public and private investment and assess the impact of both types of investment on growth. Using annual data for 1965-2005, we employ a coherent set of structural VAR outputs to model in...
Volume/Issue: 2008/120
Series: IMF Working Papers
Author(s):
Issouf Samaké
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
May
2008
ISBN: 9781451869804
We investigate the nexus of public and private investment and assess the impact of both types of investment on growth. Using annual data for 1965-2005, we employ a coherent set of structural VAR outputs to model in...
Volume/Issue: 2008/84
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
March
2008
ISBN: 9781451803525
The strategy adopted by Benin to strengthen its macroeconomic stability and promote private-investment-led growth has been detailed in the note. The statistical data on gross domestic product by sector of origin at...
Volume/Issue: 2008/84
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
March
2008
DOI: http://dx.doi.org/10.5089/9781451803525.002
ISBN: 9781451803525
The strategy adopted by Benin to strengthen its macroeconomic stability and promote private-investment-led growth has been detailed in the note. The statistical data on gross domestic product by sector of origin at...
Volume/Issue: 2008/001
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
10
January
2008
DOI: http://dx.doi.org/10.5089/9781498334075.007
ISBN: 9781498334075
Assessment Letters or Statements may be prepared for member countries with Fund-supported programs; receiving Fund emergency assistance; with staff-monitored programs; or surveillance-only cases. They are typically...
Volume/Issue: 2008/001
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
10
January
2008
ISBN: 9781498334075
Assessment Letters or Statements may be prepared for member countries with Fund-supported programs; receiving Fund emergency assistance; with staff-monitored programs; or surveillance-only cases. They are typically...
Volume/Issue: 2007/215
Series: IMF Working Papers
Author(s):
Gianni De Nicolo
, and
Elena Loukoianova
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
September
2007
ISBN: 9781451867794
This paper presents a model of a banking industry with heterogeneous banks that delivers predictions on the relationship between banks' risk of failure, market structure, bank ownership, and banks' screening and ba...
Volume/Issue: 2007/215
Series: IMF Working Papers
Author(s):
Gianni De Nicolo
, and
Elena Loukoianova
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
September
2007
DOI: http://dx.doi.org/10.5089/9781451867794.001
ISBN: 9781451867794
This paper presents a model of a banking industry with heterogeneous banks that delivers predictions on the relationship between banks' risk of failure, market structure, bank ownership, and banks' screening and ba...
Volume/Issue: 2007/213
Series: IMF Working Papers
Author(s):
Alonso Segura Vasi
,
Walter Zarate
,
Gonzalo Pastor
, and
Ulrich Klueh
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
September
2007
DOI: http://dx.doi.org/10.5089/9781451867770.001
ISBN: 9781451867770
This paper attempts to offer specific inputs to the debate on local content promotion in the oil industry, using the specific case of São Tomé and Príncipe as point of reference. Our approach emphasizes inter-secto...
Volume/Issue: 2007/213
Series: IMF Working Papers
Author(s):
Alonso Segura Vasi
,
Walter Zarate
,
Gonzalo Pastor
, and
Ulrich Klueh
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
September
2007
ISBN: 9781451867770
This paper attempts to offer specific inputs to the debate on local content promotion in the oil industry, using the specific case of São Tomé and Príncipe as point of reference. Our approach emphasizes inter-secto...
Volume/Issue: 2007/92
Series: IMF Working Papers
Author(s):
Kala Krishna
, and
Ling Tan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
April
2007
DOI: http://dx.doi.org/10.5089/9781451866568.001
ISBN: 9781451866568
This paper considers the effects of trade policy-tariffs and quotas-when importing is done by competitive traders who are identical ex ante but differ ex post. We show that the standard equivalence results no longe...
Volume/Issue: 2007/92
Series: IMF Working Papers
Author(s):
Kala Krishna
, and
Ling Tan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
April
2007
ISBN: 9781451866568
This paper considers the effects of trade policy-tariffs and quotas-when importing is done by competitive traders who are identical ex ante but differ ex post. We show that the standard equivalence results no longe...
Volume/Issue: 2006/381
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
October
2006
DOI: http://dx.doi.org/10.5089/9781451822205.002
ISBN: 9781451822205
This note is on Korea's transition to a knowledge-based economy, the prospects and challenges ahead, and the development of its financial sector. Assessment of recent government initiatives to develop capital marke...
Volume/Issue: 2006/381
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
October
2006
ISBN: 9781451822205
This note is on Korea's transition to a knowledge-based economy, the prospects and challenges ahead, and the development of its financial sector. Assessment of recent government initiatives to develop capital marke...
Volume/Issue: 2006/381
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
October
2006
ISBN: 9781451822205
This note is on Korea's transition to a knowledge-based economy, the prospects and challenges ahead, and the development of its financial sector. Assessment of recent government initiatives to develop capital marke...
Volume/Issue: 2006/381
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
October
2006
ISBN: 9781451822205
This note is on Korea's transition to a knowledge-based economy, the prospects and challenges ahead, and the development of its financial sector. Assessment of recent government initiatives to develop capital marke...
Volume/Issue: 2006/381
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
October
2006
ISBN: 9781451822205
This note is on Korea's transition to a knowledge-based economy, the prospects and challenges ahead, and the development of its financial sector. Assessment of recent government initiatives to develop capital marke...
Volume/Issue: 2006/381
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
October
2006
ISBN: 9781451822205
This note is on Korea's transition to a knowledge-based economy, the prospects and challenges ahead, and the development of its financial sector. Assessment of recent government initiatives to develop capital marke...
Volume/Issue: 2006/381
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
October
2006
ISBN: 9781451822205
This note is on Korea's transition to a knowledge-based economy, the prospects and challenges ahead, and the development of its financial sector. Assessment of recent government initiatives to develop capital marke...
Volume/Issue: 2006/163
Series: IMF Working Papers
Author(s):
Martin Cihak
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2006
ISBN: 9781451864236
To showcase their increasing focus on financial stability, many central banks and other institutions have started publishing regular reports on financial stability. The paper presents a survey of the available fina...
Volume/Issue: 2006/163
Series: IMF Working Papers
Author(s):
Martin Cihak
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2006
DOI: http://dx.doi.org/10.5089/9781451864236.001
ISBN: 9781451864236
To showcase their increasing focus on financial stability, many central banks and other institutions have started publishing regular reports on financial stability. The paper presents a survey of the available fina...
Series: Economic Issues
Author(s):
Garry Schinasi
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
30
January
2006
Language: French
ISBN: 9781589065000
En comparaison de l’analyse de la stabilité monétaire et macroéconomique, l’analyse de la stabilité financière en est encore à ses balbutiements. Comme le savent tous ceux qui ont e...
Series: Economic Issues
Author(s):
Garry Schinasi
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
30
January
2006
Language: French
DOI: http://dx.doi.org/10.5089/9781589065000.051
ISBN: 9781589065000
Poussées par les progrès des technologies de l'information, la libéralisation et l'innovation financières ont pris leur essor à la fin des années 70. Bien que les changements des marchés financiers aient été dans l...
Series: Economic Issues
Author(s):
Garry Schinasi
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
30
January
2006
Language: French
ISBN: 9781589065000
Poussées par les progrès des technologies de l'information, la libéralisation et l'innovation financières ont pris leur essor à la fin des années 70. Bien que les changements des marchés financiers aient été dans l...
