Tag Archives for world bank
G8-Action Plan on Local Bond Markets – Missing Follow-Up Documents
The overview of G8 Action Plan on Local Bond Markets lists a couple of documents that were mentioned in the implementation report to be published soon, but have not been published since: IMF: “ABS in Emerging Markets: Recent Trends and … Continue reading
G8 Action Plan on Local Currency Bond Markets – Overview
The Document contains an overview of the G8 Action Plan on the developments of local currency bond markets and the implementation report. The overview-report looks at the problems identified by the G8 Action Plans, Task delegated to various institutions and … Continue reading
Membership of Key Economies in International Organisations
This article discusses the membership of 43 key economies in the major international financial institutions. The aim is to assess whether the global financial architecture adequately incorporates the key economies. The article can also be found in this PDF-Document. The … Continue reading
Contagion – Definition by Worldbank
The World Bank has a fairly comprehensive overview over different definitions of contagion and documents related to recent contagious events in the financial markets. Some excerpts: Broad Definition: Contagion is the cross-country transmission of shocks or the general cross-country spillover … Continue reading
Global Financial Architecture – Article by Charles W. Calomiris
Charles Calomiris article on a New Global Financial Architecture from October 1998 is an interesting document, outlining the criticism of the International Financial Institutions (IFIs). He starts with an interesting claim: Economics normally provides rather dismal news, emphasizing tradeoffs among … Continue reading
Summary of the recommendations of the Meltzer-Report
To assess the evolution of the Financial Architecture after the Asian Crisis, the Meltzer Report provides a good gauge for the critique of the USA and other G7 countries towards the International Financial Institution. The report is named after Allan … Continue reading
Intergovernmentalism in Financial Regulation
Puzzling Complexity The global financial architecture is very complex. Despite increasing liberalization of financial markets, increased system risk and integration of the economies through the financial markets in the last 30 years, there is no single World Financial Authority regulating … Continue reading
Project: Mapping the Financial Governance
When academics, analysts and scholars analyze the causes and remedies for the current credit crisis, most of them analyze macro-economic trends such as exchange rate movements, or micro-economic changes such as Basel II. How the global financial architecture evolved and … Continue reading
IFIAC – International Financial Institution Advisory Commission
Institution:International Financial Institution Advisory Commission Abbreviation: IFIAC Type: Public Founded: 1998-1999 Members Total: not applicable Membership in: not applicable Membership of: not applicable Description:In November 1998 as part of the legislation authorizing $18 billion of additional U.S. funding for the … Continue reading
DC – Development Committee
Institution: Development Committee Abbreviation: DC Type: Public Founded: 1974 Members Total: 24 Membership in: Membership of: Description: The Joint Ministerial Committee of the Boards of Governors of the Bank and Fund on the Transfer of Real Resources to Developing Countries, … Continue reading