Risk Management | IMF Blog

Fiscal Policy And Structural Reform

One of the big questions to emerge from the global financial crisis, especially in the euro area, is how to raise a country’s potential growth while restoring healthy public finances. For example, the euro area— despite some favorable news recently — faces marked-down growth prospects alongside high levels of public debt. The combination of high debt and tepid potential growth underscores the importance of improving prospects for sustained growth and safe and resilient public finances. A fundamental question then arises: what is the relation between fiscal consolidation and structural reform?

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By IMFBlog| March 27th, 2015|Advanced Economies, Economic Crisis, Economic outlook, Economic research, Employment, Europe, Financial Crisis, Fiscal policy, growth, IMF, International Monetary Fund, Investment, Public debt, Reform, Uncategorized|

Good Governance Curbs Excessive Bank Risks

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.

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By IMFBlog| October 16th, 2014|Advanced Economies, Annual Meetings, Economic outlook, Economic research, Finance, Financial regulation, Fiscal policy, IMF, International Monetary Fund, Investment, Reform, Uncategorized|

Don’t Forget Financial Sector Reform

IMF First Deputy Managing Director John Lipsky discusses the need for financial sector reform following the global financial crisis, and addresses the Fund’s role in assessing options for a financial sector tax to help pay for the costs of the crisis and improve systemic stability.

By IMFBlog| January 7th, 2010|Economic Crisis, Financial Crisis, Financial regulation, Global Governance, International Monetary Fund|

Going Beyond the Rules

Some countries with similar financial and regulatory systems fared differently during this crisis. What are the reasons for this? And what made some financial institutions with similar business models, and in the same country, better equipped to deal with the virulence of the crisis?

By IMFBlog| December 1st, 2009|Economic Crisis, Financial regulation|

Categories

Fiscal Policy And Structural Reform

Good Governance Curbs Excessive Bank Risks

Don’t Forget Financial Sector Reform

Going Beyond the Rules