Ethiopia's New Financial Sector and Its Regulation

Ethiopia's New Financial Sector and Its Regulation
Author: Tony Addison
Publisher:
Total Pages:
Release: 2014
Genre:
ISBN:

War has destroyed the hopes and lives of millions of Africans. How can we help Africa's communities to recover? How can we ensure that recovery from conflict benefits the poor and not just a narrow elite? These are just some of the vital questions asked and answered in this important new book, which is one of the first to thoroughly examine recovery from conflict in Africa.

Domestic Resource Mobilization and Financial Development

Domestic Resource Mobilization and Financial Development
Author: G. Mavrotas
Publisher: Springer
Total Pages: 306
Release: 2008-03-27
Genre: Business & Economics
ISBN: 0230594018

This book provides insights into the evolving debate regarding the mobilization of domestic resources and the crucial role that financial development can and should play in this regard, exploring aspects of the financial development–domestic resource mobilization nexus, including country case studies.

Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance

Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance
Author: El Bachir Boukherouaa
Publisher: International Monetary Fund
Total Pages: 35
Release: 2021-10-22
Genre: Business & Economics
ISBN: 1589063953

This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.

Financial Liberalization and Financial Fragility

Financial Liberalization and Financial Fragility
Author: Asli Demirgüç-Kunt
Publisher: World Bank Publications
Total Pages: 53
Release: 1998-06-01
Genre: Bancos
ISBN:

A study of 53 countries during 1980-95 finds that financial liberalization increases the probability of a banking crisis, but less so where the institutional environment is strong. In particular, respect for the rule of law, a low level of corruption, and good contract enforcement are relevant institutional characteristics. the data also show that, after liberalization, financially repressed countries tend to have improved financial development even if they experience a banking crisis. This is not true for financially restrained countries. This paper’s results support a cautious approach to financial liberalization where institutions are weak, even if macroeconomic stabilization has been achieved.

Financial Regulation, Climate Change, and the Transition to a Low-Carbon Economy: A Survey of the Issues

Financial Regulation, Climate Change, and the Transition to a Low-Carbon Economy: A Survey of the Issues
Author: Mr. Dimitri G Demekas
Publisher: International Monetary Fund
Total Pages: 45
Release: 2021-12-17
Genre: Business & Economics
ISBN: 1616356529

There are demands on central banks and financial regulators to take on new responsibilities for supporting the transition to a low-carbon economy. Regulators can indeed facilitate the reorientation of financial flows necessary for the transition. But their powers should not be overestimated. Their diagnostic and policy toolkits are still in their infancy. They cannot (and should not) expand their mandate unilaterally. Taking on these new responsibilities can also have potential pitfalls and unintended consequences. Ultimately, financial regulators cannot deliver a low-carbon economy by themselves and should not risk being caught again in the role of ‘the only game in town.’

Reforming the International Financial System for Development

Reforming the International Financial System for Development
Author: Jomo Kwame Sundaram
Publisher: Columbia University Press
Total Pages: 390
Release: 2010
Genre: Business & Economics
ISBN: 0231157649

Jomo Kwame Sundaram is assistant secretary general for economic development at the United Nations and research coordinator for the G24 Intergovernmental Group on International Monetary Affairs and Development. In 2007 he was awarded the Wassily Leontief Prize for Advancing the Frontiers of Economic Thought. --Book Jacket.

Doing Business 2020

Doing Business 2020
Author: World Bank
Publisher: World Bank Publications
Total Pages: 254
Release: 2019-11-21
Genre: Business & Economics
ISBN: 1464814414

Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.