Reports


  • 6-December-2011

    English, , 506kb

    Public guarantees on bank bonds: effectiveness and distortions

    The government guarantees on bank bonds adopted in 2008 in many advanced economies to support the banking systems were broadly effective in resuming bank funding and preventing a credit crunch. The guarantees, however, also caused distortions in the cost of bank borrowing. Their reintroduction might help alleviate the current pressures on banks caused by the sovereign debt crisis, but the pricing mechanism should ensure a level

    Related Documents
  • 1-December-2011

    English

    Regional FDI-SME linkage strategies in Kazakhstan - 2011/2015

    This project examines how policies can support the integration of small and medium-sized enterprises (SMEs) into global value chains through creating and exploiting linkages between SMEs and Foreign Direct Investors (FDI). It involves assessments of current conditions and opportunities in three regions of Kazakhstan and makes recommendations for policy actions at national and local levels.

    Related Documents
  • 28-November-2011

    English

    Improving financial education efficiency

    This symposium proceedings examines three aspects of financial education: monitoring and evaluation, use of behavioral economics, and financial literacy and defined contribution pension plans.

    Related Documents
  • 3-November-2011

    English, , 275kb

    The Potential Impact of Banking Crises on Public Finances: An Assessment of Selected EU Countries Using SYMBOL

    The report assess the potential impact of a crisis in the banking sector on public finances in four selected EU Member States and finds that in two of them governments are likely to have to cover losses generated in the banking system.

    Related Documents
  • 3-November-2011

    English, , 184kb

    The Federal Agency for Financial Market Stabilisation in Germany: From Rescuing to Restructuring

    While neither the legal nor institutional framework in Germany were adequate for dealing with stressed banks in the recent financial crisis, the newly established Federal Agency for Financial Market Stabilisation fills that gap. Initially focusing on rescuing banks, that agency now focuses on restructuring them.

    Related Documents
  • 2-November-2011

    English, , 194kb

    The Fault Lines in Cross-border Banking: Lessons from Iceland

    The financial crisis exposed serious flaws in the European framework for cross-border banking, including deposit insurance. Iceland’s experience shows that sizeable cross-border banking operations in small countries with their own currency come with very significant risks.

    Related Documents
  • 2-November-2011

    English, , 262kb

    The Macro-Prudential Authority: Powers, Scope and Accountability

    The macro-prudential authority is being adopted by monetary policy authorities as a means to limit systemic financial risks in the light of weaknesses revealed by the crisis. This article outlines the powers, scope and accountability that should characterise the macro-prudential authority.

    Related Documents
  • 28-October-2011

    English, , 232kb

    Managing Crises Without Government Guarantees – How Do We Get There?

    This speech discusses policy responses to financial crises, with a particular focus on the US experience with government intervention during the 2008-09 financial crisis. It also reflects on the possibilities for conducting crisis management without financial guarantees.

    Related Documents
  • 20-October-2011

    English

    Globalisation, Comparative Advantage and the Changing Dynamics of Trade

    The effects of globalisation have been at the forefront of public debate in recent years, fuelled on the one hand by the large benefits of integrated markets, and on the other hand, by the detrimental adjustment effects often experienced by many economies as a result.  Knowing how trade has been evolving over time and the role policy has played in this evolution are critical to understanding the globalisation debate and grasping the lessons for future policy development. The comparative advantage hypothesis has been suggested as one of the principal explanations of international trade and of the benefits associated with openness. It has also provided the intellectual underpinnings for most trade policy in the past 50 years. This book collects OECD work that builds on recent contributions to the theory and empirics of comparative advantage, putting particular emphasis on the role policy can play in shaping trade.

  • 5-September-2011

    English, , 1,020kb

    Global SIFIs, derivatives and financial stability

    Financial policy reforms urgently need to address containing the huge risks taken by the SIFIs that encompass the global derivatives business. This paper analyses the global derivatives business and makes recommendations for policy reforms that encourage financial stability.

    Related Documents
  • << < 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 > >>