Nuhu Ribadu, former head of Nigeria's Economic and Financial Crimes Commissions, shows how he and his team used international money-laundering laws to fight corruption in Nigeria.
Todd Moss testifies before the House Financial Services Subcommittee on International Monetary Policy and Trade on November 16, 2010, about the global financial crisis and financial reforms in Nigeria.
This module will examine the leading issues related to capital flows between the developed and developing worlds. It will cover the various types of official and private finance as well as the institutions and policies designed to manage and promote these flows. The first half considers development assistance from both the recipient and donor perspectives, as well as the changing roles of the IMF and the multilateral development banks. In the second half, the course explores the key issues in debt, private investment, and the financial sector. The course will stress policy-relevant issues and the presentation of analysis and information in a format used in real policymaking settings.
Financial Integration and Foreign Banks in Latin America: Do They Amplify External Financial Shocks? - Working Paper 203
This paper explores the impact of international financial integration on credit markets in Latin America. The overall effect is positive, but the foreign banks do tend to amplify the impact of foreign shocks on credit and interest rates. Important policy recommendations include ring-fencing mechanisms, early-warning systems, and the incorporation for agreements between domestic and foreign supervisors.