Release Date: May, 2007

The Detailed Assessment report on Mexico’s implementation of the International Organization of Securities Commissions Objectives and Principles of Securities Regulation is analyzed. The Mexican more...

Release Date: March, 2007

This paper discusses key findings of the Detailed Assessment of the Securities Clearance and Settlement Systems for Denmark. The assessment recommends that securities settlement systems should have a more...

Release Date: March, 2007

This technical note discusses the structure of the Danish capital market and related issues. The focus is on the organization and functioning of domestic securities markets. The note provides a more...

Release Date: March, 2007

This technical note presents a comparative analysis of the Danish Mortgage Market. It discusses the particularities of the regulatory framework of the Danish mortgage system. The note compares and more...

Release Date: March, 2007

This technical note for the Republic of Poland on competition and performance explains the Polish pension system and domestic capital market. Competition policies may need to be reviewed, in more...

Release Date: March, 2007

This paper discusses key findings of the 2006 Regional Discussions on the Eastern Caribbean Currency Union. Fiscal revenues have improved, but there has been only a modest improvement in the fiscal more...

Release Date: February, 2007

This paper discusses key findings of the assessment of Financial Sector Supervision and Regulation in Andorra. The assessment reveals that bank supervision in Andorra is broadly sound and has more...

Release Date: February, 2007

This 2006 Article IV Consultation highlights that Italy’s economy is enjoying a broad-based, if comparatively modest, cyclical upswing. Output is estimated to have grown by 1¾ percent in more...

Release Date: February, 2007

This 2006 Article IV Consultation highlights that a broad-based economic upturn is under way in Sweden, spurred by strong global growth and supportive fiscal and monetary policies. Private more...

Release Date: January, 2007

This Detailed Assessment of the Observance of International Organization of Securities Commissions (IOSCO) Objectives and Principles of Securities Regulation for Portugal assesses the securities more...

Release Date: December, 2006

From the 2002 Financial Sector Assessment Program (FSAP), a number of structural reforms have been carried out in the financial system. A number of measures have been taken in the regulatory, fiscal, more...

Release Date: October, 2006

Prospects for the future remain favorable, provided that policy actions are taken to address the risks and challenges that China faces. The government recognizes the need to contain investment and more...

Release Date: October, 2006

This note is on Korea’s transition to a knowledge-based economy, the prospects and challenges ahead, and the development of its financial sector. Assessment of recent government initiatives to more...

Release Date: October, 2006

Policies implemented over the last decade have strengthened economic fundamentals and brought macroeconomic stability. Major improvements in compliance with the Basel Core Principles for Effective more...

Release Date: December, 2005

This Selected Issues paper considers the “informal sector” in Mexico. In Mexico and many other countries, the informal sector represents a large share of total employment. The paper more...

Author/Editor: Jorge Roldos.

Release Date: September, 2004

Pension reform in several emerging market countries has been associated with rapid growth in assets under management and a positive impact on the development of local securities markets. However, more...

Author/Editor: Mika Saito.

Release Date: February, 2004

Author/Editor: Rafael Romeu.

Release Date: January, 2004

This study addresses the empirical viability of microstructure models of dealer price setting. New evidence is presented rejecting these models' specifications of how information asymmetry and more...

Release Date: April, 2003

This paper analyzes the capital markets and financial intermediation in the Baltic States. It provides a comprehensive overview of the structure and level of development of the financial system, more...

Author/Editor: R B Johnston, Balázs Horváth, Luca Errico, Jingqing Chai.

Release Date: March, 2003

This paper examines the regulatory and supervisory implications stemming from the dominance of large and complex financial institutions, drawing on the recent Financial Sector Assessment Program more...