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Blog Post
July 17, 2019
I’ve been given two kinds of arguments in support of not borrowing for social sector projects. The first is about their ability to repay the borrowing by generating enough foreign exchange. And the second is skepticism about the productivity of government spending in these areas. Let me ...
POLICY PAPERS
May 23, 2019
As the organization responsible for setting international standards on anti-money laundering and countering the financing of terrorism (AML/CFT), the Financial Action Task Force (FATF) has encouraged countries to design measures that protect the integrity of the financial system and support financia...
REPORTS
April 23, 2019
The report considers three different channels through which Basel III can affect financial stability and devel­opment in EMDEs: (1) effects on the volume, compo­sition, and stability of capital flows arising from the implementation of Basel III in advanced economies; (2) effects on financial...
Blog Post
April 23, 2019
As Basel III is transforming the global financial landscape, we hope that policymakers from both advanced economies and EMDEs, as well as multilateral organizations, can work together effectively to ensure that Basel III truly becomes a global public good—promoting financial stability and supp...