In 1991, WSFS Financial Corporation (WSFS Bank) was inches from being closed forever. Today, at over 190 years old, WSFS is the leading independent bank serving the greater Philadelphia and Delaware……続きを見る
In 2004, Spain's Banco Santander purchased Britain's Abbey National Bank in a deal valued at fifteen billion dollars--an acquisition that made Santander one of the ten largest financial institutions……続きを見る
Pacific island countries face unique challenges to realizing their growth potential and raising living standards. This book discusses ongoing challenges facing Pacific island countries and policy op……続きを見る
Written for undergraduate and graduate students of finance, economics and business, the fourth edition of Financial Markets and Institutions provides a fresh analysis of the European financial syste……続きを見る
The European Sovereign Debt Crisis: Breaking the Vicious Circle between Sovereigns and Banks explains why the euro area’s progress towards reining in the risks arising from the well-documented bi-di……続きを見る
Systemic financial crises have become a common, albeit infrequent, feature of the global financial landscape. Since 1980, nearly every country has been affected by serious financial distress or syst……続きを見る
This paper describes recently established deposit insurance systems, identifying emerging trends. In line with previous IMF work on the subject, it argues against the development of "best practices"……続きを見る
Recent financial sector crises and their resolution have raised new issues and provided additional experiences to draw on in the future. Banking sector problems in Russia, Turkey, and a few Latin Am……続きを見る
This paper reviews China's experience with market-oriented reform since 1978, including domestic reforms, the opening of the economy to foreign trade and investment, and the decentralization of deci……続きを見る
As part of its mandate, the IMF seeks to create the conditions necessary for sustained high-quality growth, which encompasses a broad range of elements. These include sound macroeconomic policies, g……続きを見る
This paper addresses the challenges to prudential supervision in highly dollarized economies, where central banks and supervisors may be constrained in the use of standard money and financial policy……続きを見る
The reform of fiscal policies and institutions lies at the heart of structural adjustment in developing countries. Although the immediate aim of such reform is to reduce fiscal imbalances to achieve……続きを見る
China's economic performance hs been remarkable since the the reform process began 15 years ago. Notwithstanding the achievements that have been made, a number of serious problems remain. This paper……続きを見る
Citizen Quinn tells the staggering story of the rise and fall of Ireland's richest man: Sean Quinn.
A few years ago, Sean Quinn was ranked among the two hundred richest people in the world, with a p……続きを見る