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This paper discusses issues in calibrating the countercyclical capital buffer (CCB) based on a...

Credit is key to support healthy and sustainable economic growth but excess aggregate credit...

In response to the Global Financial Crisis, the IMF launched many initiatives to strengthen...

In 2008, the IEO undertook an evaluation on the IMF governance and concluded that effectiveness...

The impact of real exchange rate movements on GDP growth is a hotly debated issue both in policy...

The thrust of the report’s recommendations to strengthen the institutional framework for...