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Financial Inclusion: What Have We Learned So Far? What Do We Have to Learn?
Language: en
Pages: 51
Authors: Adolfo Barajas
Categories:
Type: BOOK - Published: 2020-08-07 - Publisher:

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The past two decades have seen a rapid increase in interest in financial inclusion, both from policymakers and researchers. This paper surveys the main findings
The Return of the Policy That Shall Not Be Named: Principles of Industrial Policy
Language: en
Pages: 79
Authors: Reda Cherif
Categories: Business & Economics
Type: BOOK - Published: 2019-03-26 - Publisher: International Monetary Fund

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Industrial policy is tainted with bad reputation among policymakers and academics and is often viewed as the road to perdition for developing economies. Yet the
The Lender of Last Resort Function after the Global Financial Crisis
Language: en
Pages: 63
Authors: Marc Dobler
Categories: Business & Economics
Type: BOOK - Published: 2016-01-22 - Publisher: International Monetary Fund

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The global financial crisis (GFC) has renewed interest in emergency liquidity support (sometimes referred to as “Lender of Last Resort”) provided by central
Recognizing Reality—Unification of Official and Parallel Market Exchange Rates
Language: en
Pages: 45
Authors: Mr.Simon T Gray
Categories: Business & Economics
Type: BOOK - Published: 2021-02-05 - Publisher: International Monetary Fund

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Some central banks have maintained overvalued official exchange rates, while unable to ensure that supply of foreign exchange meets legitimate demand for curren
Breaking Through the Zero Lower Bound
Language: en
Pages: 40
Authors: Ruchir Agarwal
Categories: Business & Economics
Type: BOOK - Published: 2015-10-23 - Publisher: International Monetary Fund

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There has been much discussion about eliminating the “zero lower bound” by eliminating paper currency. But such a radical and difficult approach as eliminat