Financial Stability Issues in Emerging Market and Developing Economies
The focus of the paper is on five key financial stability issues in Emerging market and developing economies (EMDEs), which have been selected on the basis of their degree of materiality for a reasonably broad range of EMDEs; their implications for...
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| Format: | Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/692381468339600490/Financial-stability-issues-in-emerging-market-and-developing-economies http://hdl.handle.net/10986/27274 |
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okr-10986-27274 |
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oai_dc |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
| language |
English en_US |
| topic |
ACCOUNTING ALLOCATION OF CAPITAL ALLOCATION OF CREDIT APEX INSTITUTION ARBITRAGE ASIAN BOND MARKETS ASSET CLASS ASSET CLASSIFICATION ASSET MANAGEMENT ASSET PRICE ASSET QUALITY AVAILABILITY OF CREDIT BALANCE SHEET BANK CREDIT BANK INTERMEDIATION BANK LENDING BANK SUPERVISION BANKING ASSETS BANKING CRISIS BANKING REGULATIONS BANKING SECTOR BANKING SYSTEM BOND BOND FUND BOND INDEX BOND INVESTMENTS BORROWER BRANCH LICENSING BRANCH NETWORKS BROKER CAPACITY BUILDING CAPACITY CONSTRAINTS CAPITAL ADEQUACY CAPITAL FLOWS CAPITAL INFLOWS CAPITAL MARKET CAPITAL REQUIREMENTS CASH MANAGEMENT CENTRAL BANK CENTRAL SECURITIES DEPOSITORIES COLLATERAL COMMERCIAL BANKS COMPLIANCE COSTS CONFLICTS OF INTEREST CONSUMER CREDIT CONSUMER PROTECTION CORPORATE GOVERNANCE CREDIBILITY CREDIT BUREAUS CREDIT COOPERATIVES CREDIT DECISIONS CREDIT GROWTH CREDIT GUARANTEE CREDIT HISTORY CREDIT INFORMATION CREDIT LINES CREDIT RISK CREDIT UNIONS CREDITORS CREDITWORTHINESS CURRENCY CURRENCY COMPOSITION CURRENCY MISMATCHES DEBT LEVELS DEBT MARKET DEBT OVERHANG DEBTOR DEFAULTS DEPOSIT DEPOSIT INSURANCE DEPOSITORS DERIVATIVES DERIVATIVES MARKET DISCLOSURE REQUIREMENTS DOMESTIC BANKS DOMESTIC BOND DOMESTIC BOND MARKETS DOMESTIC CAPITAL DOMESTIC CAPITAL MARKETS DOMESTIC CURRENCY DOMESTIC FINANCIAL MARKETS EMERGING MARKET ENFORCEMENT POWERS EQUITIES EXCHANGE RATE EXCHANGE RATE MOVEMENTS EXTERNAL CREDIT RATINGS EXTERNAL FUNDING FINANCIAL ASSETS FINANCIAL CRISIS FINANCIAL DEVELOPMENT FINANCIAL HEALTH FINANCIAL INSTABILITY FINANCIAL INSTITUTIONS FINANCIAL STABILITY FINANCIAL SUPPORT FINANCIAL SYSTEM FLEXIBLE EXCHANGE RATE FOREIGN BANK FOREIGN CAPITAL FOREIGN CURRENCY FOREIGN CURRENCY LOANS FOREIGN DEBT FOREIGN EXCHANGE FOREIGN EXCHANGE RISK FOREIGN FINANCIAL INSTITUTIONS GLOBAL BANKING GLOBAL ECONOMY GLOBAL FINANCIAL STABILITY GOVERNMENT BORROWING GOVERNMENT SECURITIES GOVERNMENT SECURITIES MARKETS GROSS DOMESTIC PRODUCT HOST COUNTRY ILLIQUIDITY INFLATION INSTITUTIONAL INVESTOR INSURANCE INSURANCE COMPANIES INTEREST RATE INTEREST RATE RISKS INTERNATIONAL BANKING INTERNATIONAL BANKS INTERNATIONAL STANDARDS INVESTOR BASE INVESTOR REDEMPTIONS LACK OF CREDIT LAND TITLE LEGAL AGREEMENTS LEGAL AUTHORITY LEGAL CONSTRAINTS LEGAL FRAMEWORK LEGAL FRAMEWORKS LEGAL PROTECTION LENDER LEVY LIABILITY LIQUID MONEY LIQUIDATION LIQUIDITY RATIO LIQUIDITY RISKS LOAN LOAN CLASSIFICATION LOAN QUALITY LOAN WAIVER LOCAL CAPACITY LOCAL CURRENCY MACROECONOMIC POLICIES MARKET CAPITALIZATION MARKET DEVELOPMENT MARKET FOR GOVERNMENT SECURITIES MARKET INFRASTRUCTURE MARKET LIQUIDITY MARKET PARTICIPANTS MARKET REGULATORS MARKET SURVEILLANCE MATURITY MICROFINANCE MICROFINANCE INSTITUTIONS MONETARY FUND MONETARY POLICY MONEY MARKETS MORAL HAZARD MORTGAGE MORTGAGES MUTUAL FUNDS OPERATIONAL INDEPENDENCE PENSION PENSION FUNDS POLICY RESPONSE PORTFOLIO PRICE MOVEMENTS PRIVATE INVESTORS PROVISIONING RULES PRUDENTIAL REGULATIONS PUBLIC DEBT PUBLIC DEBT MANAGEMENT REGULATORY CAPACITY REGULATORY FRAMEWORK RESERVE RESERVE BANK RESERVE REQUIREMENTS RETURNS RISK ASSESSMENTS RISK MANAGEMENT RISK MANAGEMENT STRATEGIES SECONDARY MARKET SECONDARY MARKET TRADING SECURITIES REGULATION SETTLEMENT SETTLEMENT SYSTEMS SOLVENCY SOVEREIGN DEBT SOVEREIGN ISSUER SUPERVISORY AGENCY SUPERVISORY AUTHORITIES SWAPS TAX TRADING WARRANTS WITHDRAWAL WITHHOLDING TAX |
| spellingShingle |
ACCOUNTING ALLOCATION OF CAPITAL ALLOCATION OF CREDIT APEX INSTITUTION ARBITRAGE ASIAN BOND MARKETS ASSET CLASS ASSET CLASSIFICATION ASSET MANAGEMENT ASSET PRICE ASSET QUALITY AVAILABILITY OF CREDIT BALANCE SHEET BANK CREDIT BANK INTERMEDIATION BANK LENDING BANK SUPERVISION BANKING ASSETS BANKING CRISIS BANKING REGULATIONS BANKING SECTOR BANKING SYSTEM BOND BOND FUND BOND INDEX BOND INVESTMENTS BORROWER BRANCH LICENSING BRANCH NETWORKS BROKER CAPACITY BUILDING CAPACITY CONSTRAINTS CAPITAL ADEQUACY CAPITAL FLOWS CAPITAL INFLOWS CAPITAL MARKET CAPITAL REQUIREMENTS CASH MANAGEMENT CENTRAL BANK CENTRAL SECURITIES DEPOSITORIES COLLATERAL COMMERCIAL BANKS COMPLIANCE COSTS CONFLICTS OF INTEREST CONSUMER CREDIT CONSUMER PROTECTION CORPORATE GOVERNANCE CREDIBILITY CREDIT BUREAUS CREDIT COOPERATIVES CREDIT DECISIONS CREDIT GROWTH CREDIT GUARANTEE CREDIT HISTORY CREDIT INFORMATION CREDIT LINES CREDIT RISK CREDIT UNIONS CREDITORS CREDITWORTHINESS CURRENCY CURRENCY COMPOSITION CURRENCY MISMATCHES DEBT LEVELS DEBT MARKET DEBT OVERHANG DEBTOR DEFAULTS DEPOSIT DEPOSIT INSURANCE DEPOSITORS DERIVATIVES DERIVATIVES MARKET DISCLOSURE REQUIREMENTS DOMESTIC BANKS DOMESTIC BOND DOMESTIC BOND MARKETS DOMESTIC CAPITAL DOMESTIC CAPITAL MARKETS DOMESTIC CURRENCY DOMESTIC FINANCIAL MARKETS EMERGING MARKET ENFORCEMENT POWERS EQUITIES EXCHANGE RATE EXCHANGE RATE MOVEMENTS EXTERNAL CREDIT RATINGS EXTERNAL FUNDING FINANCIAL ASSETS FINANCIAL CRISIS FINANCIAL DEVELOPMENT FINANCIAL HEALTH FINANCIAL INSTABILITY FINANCIAL INSTITUTIONS FINANCIAL STABILITY FINANCIAL SUPPORT FINANCIAL SYSTEM FLEXIBLE EXCHANGE RATE FOREIGN BANK FOREIGN CAPITAL FOREIGN CURRENCY FOREIGN CURRENCY LOANS FOREIGN DEBT FOREIGN EXCHANGE FOREIGN EXCHANGE RISK FOREIGN FINANCIAL INSTITUTIONS GLOBAL BANKING GLOBAL ECONOMY GLOBAL FINANCIAL STABILITY GOVERNMENT BORROWING GOVERNMENT SECURITIES GOVERNMENT SECURITIES MARKETS GROSS DOMESTIC PRODUCT HOST COUNTRY ILLIQUIDITY INFLATION INSTITUTIONAL INVESTOR INSURANCE INSURANCE COMPANIES INTEREST RATE INTEREST RATE RISKS INTERNATIONAL BANKING INTERNATIONAL BANKS INTERNATIONAL STANDARDS INVESTOR BASE INVESTOR REDEMPTIONS LACK OF CREDIT LAND TITLE LEGAL AGREEMENTS LEGAL AUTHORITY LEGAL CONSTRAINTS LEGAL FRAMEWORK LEGAL FRAMEWORKS LEGAL PROTECTION LENDER LEVY LIABILITY LIQUID MONEY LIQUIDATION LIQUIDITY RATIO LIQUIDITY RISKS LOAN LOAN CLASSIFICATION LOAN QUALITY LOAN WAIVER LOCAL CAPACITY LOCAL CURRENCY MACROECONOMIC POLICIES MARKET CAPITALIZATION MARKET DEVELOPMENT MARKET FOR GOVERNMENT SECURITIES MARKET INFRASTRUCTURE MARKET LIQUIDITY MARKET PARTICIPANTS MARKET REGULATORS MARKET SURVEILLANCE MATURITY MICROFINANCE MICROFINANCE INSTITUTIONS MONETARY FUND MONETARY POLICY MONEY MARKETS MORAL HAZARD MORTGAGE MORTGAGES MUTUAL FUNDS OPERATIONAL INDEPENDENCE PENSION PENSION FUNDS POLICY RESPONSE PORTFOLIO PRICE MOVEMENTS PRIVATE INVESTORS PROVISIONING RULES PRUDENTIAL REGULATIONS PUBLIC DEBT PUBLIC DEBT MANAGEMENT REGULATORY CAPACITY REGULATORY FRAMEWORK RESERVE RESERVE BANK RESERVE REQUIREMENTS RETURNS RISK ASSESSMENTS RISK MANAGEMENT RISK MANAGEMENT STRATEGIES SECONDARY MARKET SECONDARY MARKET TRADING SECURITIES REGULATION SETTLEMENT SETTLEMENT SYSTEMS SOLVENCY SOVEREIGN DEBT SOVEREIGN ISSUER SUPERVISORY AGENCY SUPERVISORY AUTHORITIES SWAPS TAX TRADING WARRANTS WITHDRAWAL WITHHOLDING TAX Financial Stability Board International Monetary Fund World Bank Financial Stability Issues in Emerging Market and Developing Economies |
| description |
The focus of the paper is on five key
financial stability issues in Emerging market and developing
economies (EMDEs), which have been selected on the basis of
their degree of materiality for a reasonably broad range of
EMDEs; their implications for regulatory, supervisory or
other financial sector policies; and the extent to which
these issues are not already being addressed by other
international work streams. The paper does not cover other
financial stability issues that may also be relevant for
EMDEs but are addressed in other G20/Financial Stability
Board (FSB) work streams. Such issues include the management
of sizeable and volatile capital flows; the design of policy
measures to address the risks arising from systemically
important financial institutions; the development of
macro-prudential policy frameworks; the creation of
effective resolution tools and regimes for financial
institutions; strengthening the oversight and regulation of
the shadow banking system; and reforming the functioning of
over-the-counter derivatives and commodities markets. This
paper focuses on five key financial stability issues in
EMDEs: 1) application of international financial standards;
2) promoting cross-border supervisory cooperation; 3)
expanding the regulatory and supervisory perimeter; 4)
management of foreign exchange risks; and 5) developing
domestic capital markets. |
| format |
Working Paper |
| author |
Financial Stability Board International Monetary Fund World Bank |
| author_facet |
Financial Stability Board International Monetary Fund World Bank |
| author_sort |
Financial Stability Board |
| title |
Financial Stability Issues in Emerging Market and Developing Economies |
| title_short |
Financial Stability Issues in Emerging Market and Developing Economies |
| title_full |
Financial Stability Issues in Emerging Market and Developing Economies |
| title_fullStr |
Financial Stability Issues in Emerging Market and Developing Economies |
| title_full_unstemmed |
Financial Stability Issues in Emerging Market and Developing Economies |
| title_sort |
financial stability issues in emerging market and developing economies |
| publisher |
World Bank, Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/692381468339600490/Financial-stability-issues-in-emerging-market-and-developing-economies http://hdl.handle.net/10986/27274 |
| _version_ |
1764463653998821376 |
| spelling |
okr-10986-272742021-04-23T14:04:40Z Financial Stability Issues in Emerging Market and Developing Economies Financial Stability Board International Monetary Fund World Bank ACCOUNTING ALLOCATION OF CAPITAL ALLOCATION OF CREDIT APEX INSTITUTION ARBITRAGE ASIAN BOND MARKETS ASSET CLASS ASSET CLASSIFICATION ASSET MANAGEMENT ASSET PRICE ASSET QUALITY AVAILABILITY OF CREDIT BALANCE SHEET BANK CREDIT BANK INTERMEDIATION BANK LENDING BANK SUPERVISION BANKING ASSETS BANKING CRISIS BANKING REGULATIONS BANKING SECTOR BANKING SYSTEM BOND BOND FUND BOND INDEX BOND INVESTMENTS BORROWER BRANCH LICENSING BRANCH NETWORKS BROKER CAPACITY BUILDING CAPACITY CONSTRAINTS CAPITAL ADEQUACY CAPITAL FLOWS CAPITAL INFLOWS CAPITAL MARKET CAPITAL REQUIREMENTS CASH MANAGEMENT CENTRAL BANK CENTRAL SECURITIES DEPOSITORIES COLLATERAL COMMERCIAL BANKS COMPLIANCE COSTS CONFLICTS OF INTEREST CONSUMER CREDIT CONSUMER PROTECTION CORPORATE GOVERNANCE CREDIBILITY CREDIT BUREAUS CREDIT COOPERATIVES CREDIT DECISIONS CREDIT GROWTH CREDIT GUARANTEE CREDIT HISTORY CREDIT INFORMATION CREDIT LINES CREDIT RISK CREDIT UNIONS CREDITORS CREDITWORTHINESS CURRENCY CURRENCY COMPOSITION CURRENCY MISMATCHES DEBT LEVELS DEBT MARKET DEBT OVERHANG DEBTOR DEFAULTS DEPOSIT DEPOSIT INSURANCE DEPOSITORS DERIVATIVES DERIVATIVES MARKET DISCLOSURE REQUIREMENTS DOMESTIC BANKS DOMESTIC BOND DOMESTIC BOND MARKETS DOMESTIC CAPITAL DOMESTIC CAPITAL MARKETS DOMESTIC CURRENCY DOMESTIC FINANCIAL MARKETS EMERGING MARKET ENFORCEMENT POWERS EQUITIES EXCHANGE RATE EXCHANGE RATE MOVEMENTS EXTERNAL CREDIT RATINGS EXTERNAL FUNDING FINANCIAL ASSETS FINANCIAL CRISIS FINANCIAL DEVELOPMENT FINANCIAL HEALTH FINANCIAL INSTABILITY FINANCIAL INSTITUTIONS FINANCIAL STABILITY FINANCIAL SUPPORT FINANCIAL SYSTEM FLEXIBLE EXCHANGE RATE FOREIGN BANK FOREIGN CAPITAL FOREIGN CURRENCY FOREIGN CURRENCY LOANS FOREIGN DEBT FOREIGN EXCHANGE FOREIGN EXCHANGE RISK FOREIGN FINANCIAL INSTITUTIONS GLOBAL BANKING GLOBAL ECONOMY GLOBAL FINANCIAL STABILITY GOVERNMENT BORROWING GOVERNMENT SECURITIES GOVERNMENT SECURITIES MARKETS GROSS DOMESTIC PRODUCT HOST COUNTRY ILLIQUIDITY INFLATION INSTITUTIONAL INVESTOR INSURANCE INSURANCE COMPANIES INTEREST RATE INTEREST RATE RISKS INTERNATIONAL BANKING INTERNATIONAL BANKS INTERNATIONAL STANDARDS INVESTOR BASE INVESTOR REDEMPTIONS LACK OF CREDIT LAND TITLE LEGAL AGREEMENTS LEGAL AUTHORITY LEGAL CONSTRAINTS LEGAL FRAMEWORK LEGAL FRAMEWORKS LEGAL PROTECTION LENDER LEVY LIABILITY LIQUID MONEY LIQUIDATION LIQUIDITY RATIO LIQUIDITY RISKS LOAN LOAN CLASSIFICATION LOAN QUALITY LOAN WAIVER LOCAL CAPACITY LOCAL CURRENCY MACROECONOMIC POLICIES MARKET CAPITALIZATION MARKET DEVELOPMENT MARKET FOR GOVERNMENT SECURITIES MARKET INFRASTRUCTURE MARKET LIQUIDITY MARKET PARTICIPANTS MARKET REGULATORS MARKET SURVEILLANCE MATURITY MICROFINANCE MICROFINANCE INSTITUTIONS MONETARY FUND MONETARY POLICY MONEY MARKETS MORAL HAZARD MORTGAGE MORTGAGES MUTUAL FUNDS OPERATIONAL INDEPENDENCE PENSION PENSION FUNDS POLICY RESPONSE PORTFOLIO PRICE MOVEMENTS PRIVATE INVESTORS PROVISIONING RULES PRUDENTIAL REGULATIONS PUBLIC DEBT PUBLIC DEBT MANAGEMENT REGULATORY CAPACITY REGULATORY FRAMEWORK RESERVE RESERVE BANK RESERVE REQUIREMENTS RETURNS RISK ASSESSMENTS RISK MANAGEMENT RISK MANAGEMENT STRATEGIES SECONDARY MARKET SECONDARY MARKET TRADING SECURITIES REGULATION SETTLEMENT SETTLEMENT SYSTEMS SOLVENCY SOVEREIGN DEBT SOVEREIGN ISSUER SUPERVISORY AGENCY SUPERVISORY AUTHORITIES SWAPS TAX TRADING WARRANTS WITHDRAWAL WITHHOLDING TAX The focus of the paper is on five key financial stability issues in Emerging market and developing economies (EMDEs), which have been selected on the basis of their degree of materiality for a reasonably broad range of EMDEs; their implications for regulatory, supervisory or other financial sector policies; and the extent to which these issues are not already being addressed by other international work streams. The paper does not cover other financial stability issues that may also be relevant for EMDEs but are addressed in other G20/Financial Stability Board (FSB) work streams. Such issues include the management of sizeable and volatile capital flows; the design of policy measures to address the risks arising from systemically important financial institutions; the development of macro-prudential policy frameworks; the creation of effective resolution tools and regimes for financial institutions; strengthening the oversight and regulation of the shadow banking system; and reforming the functioning of over-the-counter derivatives and commodities markets. This paper focuses on five key financial stability issues in EMDEs: 1) application of international financial standards; 2) promoting cross-border supervisory cooperation; 3) expanding the regulatory and supervisory perimeter; 4) management of foreign exchange risks; and 5) developing domestic capital markets. 2017-06-20T21:35:05Z 2017-06-20T21:35:05Z 2011-10-20 Working Paper http://documents.worldbank.org/curated/en/692381468339600490/Financial-stability-issues-in-emerging-market-and-developing-economies http://hdl.handle.net/10986/27274 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research |