Front Matter Page
IMF Institute
Authorized for distribution by Marc Quintyn
Contents
Abstract
I. Introduction
II. Background and Conceptual Framework
III. The 2008–09 Economic crisis: What role for Supervision?
A. The narrative: supervisory flaws as a contributing factor
B. The empirical evidence
Related Literature
Quantifying our two Dimensions of Supervision
Supervisory architecture
Supervisory governance
Supervision and Economic Resilience: the Evidence
IV. Policy Recommendation: Rely on Architecture to improve Governance
A. Overview of recommendations
B. Combining architecture and governance to address incentive issuess
V. Conclusion
VI. References
Tables
Table 1 – What selected authors say about failures in the supervisory architecture and supervisory governance
Table 2 – Resilience, Supervisory Architecture and Governance
Table 3 – Resilience, Regulatory Quality, Supervisory Architecture and Governance
Table 4 – Resilience, Financial Regulatory Quality, Supervisory Architecture and Governance
Table 5 – Resilience, Financial Regulatory Quality, Supervisory Architecture and Governance
Table 6 – Resilience. Regulatory Qualities, Supervisory Architecture and Governance
Table 7 – Resilience, Supervisory Unification, Governance and Interaction Variables
Table 8 – Supervisory Architecture and Financial Sector Size
Table 9 – Supervisory Governance and Financial Sector Size
Table 10 – Supervisory Architecture, Governance and Financial Performances Variables
Table 11 – Supervisory Architecture, Governance and Financial Structure Variables
Table 12 – Proposals addressing supervisory architecture
Table 13 – Proposals addressing supervisory failure
Figures
1. Financial Supervision Unification
2. Central Bank Involvement in Supervision
3. Supervisory Governance Ratings
Appendix Tables
Appendix 1 – Data Description
Appendix 2 – Data Statistics
References
References