Ideas to Action:

Independent research for global prosperity

Publications

 

WP420 Cover
November 20, 2015

Changes in Funding Patterns by Latin American Banking Systems: How Large? How Risky? - Working Paper 420

This paper investigates the shifts in Latin American banks’ funding patterns in the post-global financial crisis period. To this end, we introduce a new measure of exposure of local banking systems to international debt markets that we term: International Debt Issuances by Locally Supervised Institutions. In contrast to well-known BIS measures, our new metric includes all entities that fall under the supervisory purview of the local authority.

Image: AP
March 3, 2015

Zimbabwe: From Hemorrhage to Stability, a Personal Journey

On a chilly Monday morning on February 16th, 2009, I walked into the New Government Complex in Harare’s Central Avenue. As I strode for the very first time down a poorly lit corridor, eyes strained and necks stretched behind wide open doors to catch a glimpse of the newcomer with a reputation for short temper. I was ushered into a comfortable office that was to become my home for the next four and a half years.