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Source: Banking Soundness and Monetary Policy

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756459

Keywords: loans, interest, banking system, banking sector

Frederik Musch’s presentation has given us a lot of food for thought. I have little to add to what he has said. Instead of trying to focus on particular points, I would like to provide an overview of the are...

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Source: Banking Soundness and Monetary Policy

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756459

Keywords: loans, interest, banking system, banking sector

This candid and complete paper made by Josef Tošovský on the recent evolution of the Czech banking sector made me reconsider the general issue of restructuring the banking sector. In my comments, I will ther...

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Source: Banking Soundness and Monetary Policy

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756459

Keywords: loans, interest, banking system, banking sector

In response to Tommaso Padoa-Schioppa’s excellent presentation and his insightful reflections on the developments of banking practices in the last twenty-two years. I would like to say how grateful I am to h...

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Source: Banking Soundness and Monetary Policy

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756459

Keywords: loans, interest, banking system, banking sector

Governor Djiwandono’s presentation demonstrates the very considerable progress that Indonesia has made over the past fifteen years to develop a competitive banking system. Key steps include the abolition of...

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Source: Banking Soundness and Monetary Policy

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756459

Keywords: loans, interest, banking system, banking sector

Josef Tošovský has given a very interesting and comprehensive picture of the issues of bank restructuring in a transition economy. Although the Czech case is not necessarily representative of transition—as i...

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Source: Banking Soundness and Monetary Policy

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756459

Keywords: loans, interest, banking system, banking sector

Frederik Musch has given us a very informative and balanced presentation. It is worth noting, in particular, his emphasis on the flexibility of the cooperative arrangements that unite supervisors outside the...

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Source: Banking Soundness and Monetary Policy

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756459

Keywords: loans, interest, banking system, banking sector

Eddie George has presented a fine survey on the question of whether banks remain special and his paper makes many good points, virtually all of which I support. As a consequence, these comments will be more...

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Source: Banking Soundness and Monetary Policy

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756459

Keywords: loans, interest, banking system, banking sector

The paper by David Folkerts-Landau and Peter Garber surveys extremely well how derivatives can affect macroeconomic stability. The miscalculation of risks by market participants, possibly motivated by a desi...

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Source: Banking Soundness and Monetary Policy

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756459

Keywords: loans, interest, banking system, banking sector

Hanna Gronkiewicz-Waltz’s paper provides a comprehensive review of changes that have taken place in Poland, so I will attempt to complement her remarks by bringing in some of the broader issues affecting the...

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Source: Banking Soundness and Monetary Policy

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 September 1997

ISBN: 9781557756459

Keywords: loans, interest, banking system, banking sector

New Zealand is a model of economic liberalization. As David Henderson, former head of the OECD’s Economics and Statistics Department recently noted, “… no other OECD country has such a portfolio of liberaliz...