Author/Editor: Rupert Worrell.

Release Date:June, 2008

This paper illustrates how stress tests of banking systems may be designed to evaluate banks' reaction to shocks of increasing intensity, up to the point where regulatory norms are breached, or banks more...

Author/Editor: Rupert Worrell, Andrea M Maechler, Srobona Mitra.

Release Date:October, 2007

This paper assesses how various types of financial risk such as credit risk, market risk, and liquidity risk affect banking stability in the ten countries that joined the European Union most more...

Author/Editor: Rupert Worrell.

Release Date:August, 2004

This paper suggests a strategy designed to make best use of the available quantitative techniques of financial sector assessment. It incorporates early warning systems, financial sector forecasts, more...

Author/Editor: Roland Craigwell, Kevin Greenidge, Harold Codrington, Rupert Worrell.

Release Date:August, 2003

This paper discusses the institutional arrangements for exchange rate targeting in Barbados and the critical role they played in the policy response to its balance of payments crisis of 1991-92. The more...

Author/Editor: Desiree Cherebin, Rupert Worrell, Tracy Polius.

Release Date:August, 2001

A survey of the financial systems of Caribbean countries reveals systems dominated by banks, with services widely available. Jamaica is the only country to have experienced a financial crisis. The more...

Author/Editor: Gene L. Leon, Rupert Worrell.

Release Date:May, 2001

Statistical measures of the volatility of exchange rates, interest rates, and stock prices are estimated for a number of countries. Periods of high volatility are identified and compared with periods more...