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Quantitative easing could improve market liquidity through many channels such as relaxing bank...

This paper reviews the empirical relationships between credit growth, economic recovery, and bank...

During the past financial year, the IMF’s 189 member countries faced a number of pressing...

The year was marked by difficult challenges and milestone achievements. To reinvigorate modest...

This paper shows that high energy subsidies and low public social spending can emerge as...

Addressing the buildup of nonperforming loans (NPLs) in Italy since the global financial crisis...