Publications


  • 7-February-2011

    English, , 297kb

    The second corporate governance wave in the Middle East and North Africa

    Ten years ago, corporate governance was a nascent concept in the Middle East and North Africa (MENA). This article charts the evolution of corporate governance across the MENA region over this time and proposes potential avenues for future work in this area.

  • 3-February-2011

    English, , 347kb

    A market perspective on the European sovereign debt and banking crisis

    Europe has been beset by an interrelated banking crisis and sovereign debt crisis. Bond spreads faced by Greece and Ireland, and to a lesser extent Portugal followed by Spain, have increased. This paper explores these issues from the perspective of financial markets, focusing mainly on the four countries in the frontline of these pressures: Greece and Portugal, on the one hand, where the problems are primarily fiscal in nature; and

  • 21-December-2010

    English, , 1,017kb

    Sovereign debt challenges for banking systems and bond markets

    Representatives of the financial services sector met in October 2010 to discuss sovereign debt challenges faced by banking systems and bond markets. This article summarises these discussions which covered the current outlook and risks - including capital flows and global rebalancing, sovereign risks and challenges for the banking sector.

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