This monograph and its technical annexes identify and discuss four key pillars that are necessary to foster a secure electronic environment and the safety and soundness of financial systems worldwide...
In recent years, electronic finance, especially online banking, and brokerage services, has reshaped the financial landscape. This paper reviews these developments, and analyzes their implications for...
This study shows that, in macroeconomic management, savings and investment, and depth of international economic integration, East Asia enjoys advantages that are lacking in other countries that have experienced...
Unlike prudential regulations that are put in place prospectively to develop banks, procedures for dealing with banks in distress are generally determined on an ad hoc basis. Often the lack of clarity...
Unitary versus collective models of the household: is it time to shift the burden of proof? Parallel exchange rates in developing countries. Incentives and the resolution of bank distress. Financing infrastructure...
Most long-term credit in developing countries is allocated through negotiated agreements between government institutions and financial intermediaries or final borrowers, and often at administered rates...
The design and diffusion of improved cooking stoves. What do we know about the political economy of economic policy reform? Using auctions to allocate and price long-term credit. Wage controls during the...