IMFBlog2020-10-21T11:38:35-04:00October 21, 2020|
The pandemic is exacting a heavy toll on Europe. More than 240,000 people have lost their lives. Millions have suffered the illness themselves, the loss of loved ones, or major disruption in their work, their businesses, and their daily lives. […]
IMFBlog2020-10-13T17:20:39-04:00October 13, 2020|
IMFBlog2019-03-13T12:46:35-04:00October 9, 2018|
October 10, 2018
عربي, 中文, Español, Français, Baˈhasa indoneˈsia, 日本語, Português, Русский
Debt owed by governments, companies and households in economies with globally systemically important financial sectors has risen since the global financial crisis (Photo: Richard B. Levine/Newscom)
Although the global expansion has plateaued, easy monetary policies continue to support growth. But we shouldn’t rest too easily. Chapter 1 of the latest Global Financial Stability Report finds that short-term risks to the financial system have increased somewhat over the past six months. […]
IMFBlog2019-03-13T14:30:52-04:00September 11, 2018|
By IMFBlog
September 11, 2018
A guard stands outside former US investment bank Lehman brothers (photo: Frances M. Roberts/Newscom)
The tenth anniversary of the collapse of US investment bank Lehman Brothers and the global crisis that followed is a sober reminder of what has changed, and what has not, in the world of economics and finance. […]
IMFBlog2019-03-15T14:49:03-04:00October 3, 2017|
By Claudio Raddatz and Jay Surti
October 3, 2017
Versions in عربي (Arabic) 文, (Chinese), Español (Spanish), Français (French),日本語 (Japanese), Русский (Russian)
A trading floor in Singapore. Financial conditions provide valuable clues to the economic outlook and can improve the accuracy of forecasts (photo: Caro/Oberhaeuser/Newscom).
The global financial crisis showed that periods of robust growth and seeming calm in financial markets can be followed by a sudden surge in market volatility and an unexpected economic downdraft. That’s why it is so important for policy makers to keep a close watch on so-called financial conditions. These can include everything from bond yields and oil prices to foreign exchange rates and levels of domestic debt. […]
IMFBlog2019-03-15T16:20:19-04:00September 5, 2017|
By IMFBlog
September 5, 2017
Back to school in Paris, France: get caught up on our top blogs you may have missed over the summer (photo: LAURENT CHAMUSSY/SIPA/Newscom)
What a summer it’s been. To help you get a handle on all that has happened in the global economy, our editors have compiled a handy primer of our blogs published over the summer months. […]
IMFBlog2019-03-25T14:52:01-04:00June 8, 2017|
By Tobias Adrian and Aditya Narain
June 8, 2017
The headquarters of the Bank for International Settlements in Basel, Switzerland, which houses the Basel Committee on Banking Supervision (photo: Christian Hartmann/Reuters/Newscom)
Calculating how much capital banks should have is often a bone of contention between regulators and banks. While there has been considerable progress on reaching consensus on an international standard, one key issue remains unresolved. This is a proposal to establish a “floor,” or minimum, for the level of capital the largest banks must maintain.
Some financial institutions and national authorities question the need for a “floor,’’ arguing either that differences in business models or other elements of the global regulatory framework—notably limits on the amount of leverage banks may take on—make them redundant. We disagree. The floor reduces the chances that banks can game the system to reduce their capital buffers to levels that aren’t aligned with their risks. It is an essential element of global efforts to create a level playing field for banks operating across countries by strengthening common […]
IMFBlog2019-03-27T11:30:01-04:00March 3, 2016|
By Jihad Dagher, Giovanni Dell’Ariccia, Luc Laeven, Lev Ratnovski, and Hui Tong
The appropriate level of bank capital and, more generally, a bank’s capacity to absorb losses, has been a contentious subject of discussion since the financial crisis. Larger buffers give bankers “skin in the game” helping to prevent excessive risk taking and absorb losses during crises. But, some argue, they might increase the cost of financial intermediation and slow economic growth.
IMFBlog2017-04-14T01:52:30-04:00October 16, 2014|
By Luis Brandão-Marques, Gaston Gelos, and Erik Oppers
The global financial crisis reminded us that banks often take risks that are excessive from society’s point of view and can damage the economy. In part, this is the result of the incentives embedded in compensation practices and of inadequate monitoring by stakeholders. Our analysis found the right policies could reduce banks risky behavior.
Our findings
In our latest Global Financial Stability Report we take stock of recent developments in executive pay, corporate governance, and bank risk taking, and conduct a novel empirical analysis.
IMFBlog2017-04-15T14:19:00-04:00September 20, 2011|
