Documents et rapports
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Financial services and preferential trade agreements : lessons from Latin America (anglais)
This book deals with financial liberalization issues in the context of trade negotiations. The liberalization of trade and investment in financial services is only a subset of the broader financial liberalization...
Type de document: Note d'orientation Numéro du rapport: 54897 Date du document: 9 juin 2010 Mode de publication: Disclosed Auteur: Haddad,Mona E.,Stephanou,Constantinos
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Rethinking market discipline in banking : lessons from the financial crisis (anglais)
The main objective of this paper is to rethink the use of market discipline for prudential purposes in light of lessons from the financial crisis. The paper develops the main building blocks of a market...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS5227 Date du document: 1 mars 2010 Mode de publication: Disclosed Auteur: Stephanou,Constantinos
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Credit rating agencies (anglais)
In the United States and Europe faulty credit ratings and flawed rating processes are widely perceived as being among the key contributors to the global financial crisis. That has brought them under intense...
Type de document: Fiche Numéro du rapport: 53041 Date du document: 1 octobre 2009 Mode de publication: Disclosed Auteur: Katz,Jonathan G.,Salinas Munoz,Emanuel,Stephanou,Constantinos
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Dealing with the crisis (anglais)
The immediate financial sector policy responses to the financial crisis, including emergency liquidity support, expansion of financial safety nets, and interventions in financial institutions, have succeeded...
Type de document: Fiche Numéro du rapport: 49514 Date du document: 1 juin 2009 Mode de publication: Disclosed Auteur: Stephanou,Constantinos
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Smaller but safer? (anglais)
Global trends taken for granted in recent decades, the big expansion in global financial assets compared with underlying economic activity, growing global financial integration, shrinking role of the state...
Type de document: Fiche Numéro du rapport: 49516 Date du document: 1 juin 2009 Mode de publication: Disclosed Auteur: Stephanou,Constantinos
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The reform agenda (anglais)
The financial crisis has prompted a shift toward a tighter and more macro-prudential approach to financial regulation. But the reform agenda still needs to address the role of supervisory (rather than...
Type de document: Fiche Numéro du rapport: 49515 Date du document: 1 juin 2009 Mode de publication: Disclosed Auteur: Stephanou,Constantinos
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Including financial services in preferential trade agreements : lessons of international experience for China (anglais)
The objective of this paper is to address the main considerations for China of including financial services in its preferential trade agreements. The paper briefly reviews China's financial liberalization...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS4898 Date du document: 1 avril 2009 Mode de publication: Disclosed Auteur: Stephanou,Constantinos
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Banking in Brazil : structure, performance, drivers, and policy implications (anglais)
The objective of this paper is to analyze the industry structure of banking services in Brazil in order to shed light on financial performance and its drivers at a disaggregated level. The study illustrates...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS4809 Date du document: 1 janvier 2009 Mode de publication: Disclosed Auteur: Stephanou,Constantinos,Urdapilleta,Eduardo Martin
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Bank financing to small and medium-sized enterprises (SMEs) in Colombia (anglais)
The objective of this paper is to shed light on current trends and policy challenges in the financing of small- and medium-sized enterprises (SMEs) by banks in Colombia. The paper is motivated by the well-documented...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS4481 Date du document: 1 janvier 2008 Mode de publication: Disclosed Auteur: Rodriguez, Camila,Stephanou,Constantinos
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Liberalization of trade in financial services : lessons from Latin America and the Caribbean (anglais)
This policy note is based on a project on financial services and trade agreements in the Latin America and Caribbean Region. It emphasizes that the liberalization of trade in financial services is helpful...
Type de document: Autre étude sur la pauvreté Numéro du rapport: 42855 Date du document: 1 janvier 2008 Mode de publication: Disclosed Auteur: Stephanou,Constantinos
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Financing of the private sector in Mexico, 2000-05 : evolution, composition, and determinants (anglais)
The objective of this paper is to describe the evolution, composition, and determinants of financing to the nonfinancial private sector in Mexico between 2000 and 2005. Supported by the macroeconomic environment...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS4264 Date du document: 1 juin 2007 Mode de publication: Disclosed Auteur: Salinas Munoz,Emanuel,Stephanou,Constantinos
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Financial services liberalization and trade agreements in Latin America and the Caribbean (anglais)
This note analyzes the trade liberalization of financial services via preferential trade agreements (PTAs) that were undertaken by countries in the Latin America and the Caribbean Region (LCR). It looks...
Type de document: Bulletin d’information Numéro du rapport: 39642 Date du document: 11 avril 2007 Auteur: Stephanou,Constantinos
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Financial services and trade agreements in Latin America and the Caribbean : an overview (anglais)
The authors review the international framework governing trade in financial services, describe the treatment of financial services in recent trade agreements involving Latin America and Caribbean countries...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS4181 Date du document: 1 avril 2007 Mode de publication: Disclosed Auteur: Pereira Goncalves,Marilyne,Stephanou,Constantinos
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Financial system structure in Colombia : a proposal for a reform agenda (anglais)
The objective of this policy paper is to identify and propose high-level legal and regulatory reforms to Colombia's financial system structure that would enhance efficiency and/or mitigate risks. Five...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS4006 Date du document: 1 septembre 2006 Mode de publication: Disclosed Auteur: De La Cruz Gonzalez,Javier,Stephanou,Constantinos
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Credit risk measurement under Basel II : an overview and implementation issues for developing countries (anglais)
The objective of this paper is to provide an overview of the changes in the calculation of minimum regulatory capital requirements for credit risk that have been drafted by the Basel Committee on Banking...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS3556 Date du document: 1 avril 2005 Mode de publication: Disclosed Auteur: Mendoza,Juan Carlos,Stephanou,Constantinos
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Supervision of financial conglomerates : the case of Chile (anglais)
The author describes the presence of financial conglomerates and assesses the extent to which the risks they introduce to the Chilean financial system are mitigated by existing oversight arrangements (and...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS3553 Date du document: 1 mars 2005 Auteur: Stephanou,Constantinos
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Regulating market risk in banks - the options (anglais)
Regulators concerned about the costs of bank insolvency and of systemic risk arising from the volatility of bank trading portfolios have developed three different approaches to setting risk-based minimum...
Type de document: Point de vue Numéro du rapport: 16887 Date du document: 31 décembre 1996 Auteur: Stephanou,Constantinos
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Regulating market risk in banks : a comparison of alternative regulatory regimes (anglais)
The author evaluates three approaches to regulating market risk in banks on the basis of efficiency, competitive neutrality, and effectiveness in regulation. Each approach is judged on how well it fulfills...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS1692 Date du document: 31 décembre 1996 Auteur: Stephanou,Constantinos