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Do Capital Controls Limit Inflow Surges?

Author/Editor: Apoorv Bhargava, Romain Bouis, Annamaria Kokenyne, Manuel Perez-Archila, Umang Rawat, Ratna Sahay.

Release Date:March, 2023

With rising financial integration, the magnitude and swings in capital flows have increased in the past two decades, intensifying the policy debate on how best to deal with these flows. This paper more...



Price: $20.00
Women in Fintech: As Leaders and Users

Author/Editor: Purva Khera, Sumiko Ogawa, Ratna Sahay, Mahima Vasishth.

Release Date:July, 2022

While digital financial services have made access to finance easier, faster, and less costly, helping to broaden digital financial inclusion, its impact on gender gaps varies across countries. more...



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Asset Purchases and Direct Financing: Guiding Principles for Emerging Markets and Developing Economies during COVID-19 and Beyond

Author/Editor: Tobias Adrian, Christopher J Erceg, Simon T Gray, Ratna Sahay.

Release Date:October, 2021

Many central banks in emerging market and developing economies have used asset purchases to reduce financial stresses during the COVID crisis, and some are doing so to provide macroeconomic stimulus. more...



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Addressing Spillovers from Prolonged U.S. Monetary Policy Easing

Author/Editor: Stephen Cecchetti, Machiko Narita, Umang Rawat, Ratna Sahay.

Release Date:July, 2021

There is growing recognition that prolonged monetary policy easing of major economies can have extraterritorial spillovers, driving up financial system leverage in other countries. When faced with more...



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Is Digital Financial Inclusion Unlocking Growth?

Author/Editor: Purva Khera, Stephanie Y Ng, Sumiko Ogawa, Ratna Sahay.

Release Date:June, 2021

Digital financial services have been a key driver of financial inclusion in recent years. While there is evidence that financial inclusion through traditional services has a positive impact on more...



Price: $18.00
The Promise of Fintech : Financial Inclusion in the Post COVID-19 Era

Author/Editor: Ratna Sahay, Ulric Eriksson von Allmen, Amina Lahreche, Purva Khera, Sumiko Ogawa, Majid Bazarbash, Kimberly Beaton.

Release Date:July, 2020

Technology is changing the landscape of the financial sector, increasing access to financial services in profound ways. These changes have been in motion for several years, affecting nearly all more...



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Monetary Policy Transmission in Emerging Markets and Developing Economies

Release Date:February, 2020

Central banks in emerging and developing economies (EMDEs) have been modernizing their monetary policy frameworks, often moving toward inflation targeting (IT). However, questions regarding the more...



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Finance and Inequality

Author/Editor: Martin Cihak, Ratna Sahay.

Release Date:January, 2020

The study examines empirical relationships between income inequality and three features of finance: depth (financial sector size relative to the economy), inclusion (access to and use of financial more...



Price: $10.00
Women in Finance: A Case for Closing Gaps

Author/Editor: Ratna Sahay, Martin Cihak.

Release Date:September, 2018

Women are underrepresented at all levels of the global financial system, from depositors and borrowers to bank board members and regulators. A new study at the IMF finds that greater inclusion of more...



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Banking on Women Leaders: A Case for More?

Author/Editor: Ratna Sahay, Martin Cihak, Papa M N'Diaye, Adolfo Barajas, Annette J Kyobe, Srobona Mitra, Yen N Mooi, Reza Yousefi.

Release Date:September, 2017

Using a new dataset, we measure the large gap between the representation of men and women in leadership positions in banks and bank supervision agencies worldwide. Women occupied less than 2 percent more...



Price: $18.00
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