IMF Staff Position Note: Fiscal Implications of the Global Economic and Financial Crisis Summary: The global financial crisis is having major implications for the public finances of most countries. Fiscal revenues...
Posted on: July 18, 2009Authors/Editors: Philippe Martin Summary: This paper develops a theory of financial crisis based on the demand side of the economy. The impact of financial and trade globalizations on asset prices, investment...
Posted on: July 18, 2009Author/Editor: Cardarelli, Roberto; Elekdag, Selim; Lall, Subir Summary: This paper examines why some financial stress episodes lead to economic downturns. The paper identifies episodes of financial turmoil using a financial stress...
Posted on: May 28, 2009Summary: Fresh, innovative thinking is needed to solve the deeply rooted problems in the banking sector. The IMF should spearhead a new compact between the world of finance and the...
Posted on: May 28, 2009Summary: An IMF-sponsored systemic risk symposium explores issues such as which financial institutions should be regulated, what policies are needed to mitigate systemic risk, whether there should be a single...
Posted on: May 28, 2009Load-shedding is common these days, adversely affecting trade and industry and causing great inconvenience to the people, particularly students preparing for final examinations. There may be some plausible reasons for...
Posted on: May 26, 2009ADFIMI-KKTCKB Joint Seminar "COMPUTER SPREADSHEET ANALYSIS FOR BANKING OPERATIONS" Girne, Turkish Republic of Northern Cyprus (TRNC) 30 March-01 April 2009 I have the pleasure of inviting you to ADFIMI's subject matter seminar. The...
Posted on: March 12, 2009Summary: The global economic crisis has focused minds on restoring growth. But does growth necessarily mean progress? What about factors which growth depends on, such as the environment or happiness?...
Posted on: March 11, 2009Summary: Pakistan is presently confronted with a number of socio-economic challenges. Poverty and unemployment are on the increase. Power shortages are long and frequent. Inadequate physical infrastructures are sort of barriers...
Posted on: March 3, 2009Matthew Philips NEWSWEEK From the magazine issue dated Oct 6, 2008 They're called "Off-Site Weekends"—rituals of the high-finance world in which teams of bankers gather someplace sunny to blow off...
Posted on: February 17, 2009