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...

Author/Editor: Nkunde Mwase, Papa M N'Diaye, Hiroko Oura, Frantisek Ricka, Katsiaryna Svirydzenka, Yuanyan S Zhang.

Release Date:September, 2016

Although China’s much-needed transition to a new growth path is proceeding broadly as expected, the transition is still fraught with uncertainty, including regarding the Chinese authorities’ more...

Author/Editor: Christina Kolerus, Papa M N'Diaye, Christian Saborowski.

Release Date:September, 2016

This note assesses empirically the role Chinese activity plays in global commodities markets, showing that the strength of China’s economic activity has a significant bearing on commodity prices, more...

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

Release Date:September, 2015

Using several recently available global datasets, this Staff Discussion Note examines macroeconomic effects of financial inclusion. It finds significant benefits to economic growth from financial more...

Author/Editor: Ratna Sahay, Martin Cihak, Papa M N'Diaye, Adolfo Barajas, Diana B Ayala Pena, Ran Bi, Yuan Gao, Annette J Kyobe, Lam Nguyen, Christian Saborowski, Katsiaryna Svirydzenka, Seyed Reza Yousefi.

Release Date:May, 2015

The global financial crisis experience shone a spotlight on the dangers of financial systems that have grown too big too fast. This note reexamines financial deepening, focusing on what emerging more...

Author/Editor: Ratna Sahay, Vivek B. Arora, Athanasios V Arvanitis, Hamid Faruqee, Papa N'Diaye, Tommaso Mancini Griffoli.

Release Date:October, 2014

Accommodative monetary policies in advanced economies have spurred increased capital inflows into emerging markets since the global financial crisis. Starting in May 2013, when the Federal Reserve more...

Author/Editor: Prachi Mishra, Kenji Moriyama, Papa M'B. P. N'Diaye, Lam Nguyen.

Release Date:June, 2014

This paper analyzes market reactions to the 2013–14 Fed announcements relating to tapering of asset purchases and their relationship to macroeconomic fundamentals and country economic and financial more...

Author/Editor: Anoop Singh, Malhar S Nabar, Papa M N'Diaye.

Release Date:November, 2013

China's current account surplus has declined to around one-quarter the peak reached before the global financial crisis. While this is a major reduction in China's external imbalance, it has not been more...

Author/Editor: Malhar S Nabar, Papa M N'Diaye.

Release Date:October, 2013

China’s current growth model—which has delivered steady and robust growth for two decades and lifted some 500 million individuals out of poverty—has become too reliant on credit and investment, more...

Author/Editor: Mitali Das, Papa M N'Diaye.

Release Date:January, 2013

China is on the eve of a demographic shift that will have profound consequences on its economic and social landscape. Within a few years the working age population will reach a historical peak, and more...