Документы и доклады

Resolving Puzzles of Monetary Policy Transmission in Emerging Markets (Английский)

Conventional empirical models of monetary policy transmission in emerging market economies produce puzzling results: monetary tightening often leads to an increase in prices (the price puzzle) and depreciation...

South Sudan Economic Monitor - Investing in Humans (Английский)

Notwithstanding slower global growth and lingering impacts of recent catastrophic floods, private sector activity, outside the oil sector, has been supported by a relative return to peace, and higher government...

Reserve Management Survey Report 2023 - Insights into Public Asset Management : The Fourth Edition (Английский)

This survey report represents a collaborative effort between Reserve Advisory and Management Partnership (RAMP) and central banks worldwide to advance the understanding and practice of reserve management...

China as an International Lender of Last Resort (Английский)

This paper shows that China has launched a new global system for cross-border rescue lending to countries in debt distress. It builds the first comprehensive dataset on China’s overseas bailouts between...

Environmental Implications of a Central Bank Digital Currency (CBDC) (Английский)

Two-thirds of central banks in the East Asia and Pacific (EAP) region have started researching or testing the implementation of a Central Bank Digital Currency (CBDC). At the same time, the region accounts...

Opening Remarks by World Bank Group David Malpass at the Launch of the 2022 World Development Report (WDR) : Finance for an Equitable Recovery (Английский)

These opening remarks were made by World Bank Group President David Malpass during the Launch of the 2022 World Development Report (WDR): Finance for an Equitable Recovery on February 15, 2022. The report...

Assessing Financial Risks from Physical Climate Shocks : A Framework for Scenario Generation (Английский)

Climate change has become a main concern of ministries of finance, central banks, and financial regulators. In response, a suite of scenarios and tools have been developed to assess the financial risks...

Transcript of World Bank Group President David Malpass's Interview with Tom Keene on Bloomberg Surveillance (Английский)

These remarks were delivered by the World Bank Group President David Malpass's at the interview with Tom Keene on Bloomberg Surveillance on January 18, 2022. He said that the solution for physical insecurity...

Opening Remarks by World Bank Group President David Malpass during the Launch of the January 2022 Global Economic Prospects Report (Английский)

These opening remarks were made by World Bank Group President David Malpass during the Launch of the January 2022 Global Economic Prospects (GEP) Report on January 11, 2022. He said that Coronavirus (COVID)...

Why Central Bank Independence Matters (Английский)

Deep economic crises, the global financial crisis and the Coronavirus (COVID-19) pandemic have put some strains on, and rekindled an older debate about the costs and benefits of central bank Independence...

Why Central Bank Independence Matters (Английский)

Deep economic crises - the global financial crisis and the Coronavirus disease 2019 (COVID-19) pandemic - have put some strains on and rekindled an older debate about the costs and benefits of central...

International Reserves and Central Bank Independence (Английский)

This paper proposes a novel theory of reserve accumulation that emphasizes the role of an independent central bank. Motivated by a positive correlation between reserve accumulation and central bank independence...

Central Bank Digital Currency : Background Technical Note (Английский)

In recent years, due to innovations in technology, the concept of digital currency has emerged out of the desire of some private entities to replicate specific properties of cash in the digital space...

Central Bank Digital Currencies for Cross-border Payments : A Review of Current Experiments and Ideas (Английский)

Over the years, the demand for seamless and inexpensive cross-border payments has grown in parallel with growth in international e-commerce, remittances and tourism. Yet, cross-border payments have not...

Central Bank Digital Currency : A Payments Perspective (Английский)

Payment and settlement systems and services have become vital components of the economic life of contemporary societies. Over the last decades, they have gone through several waves of reforms that have...

Central Bank Reserve Management Practices : Insights into Public Asset Management (Английский)

The World Bank Treasury’s Reserve Advisory and Management Partnership (RAMP) conducted its third survey on reserve management practices in 2021. One hundred and nineteen central banks, from different regions...

Stakeholder Engagement Plan (SEP) SADC Transfers Cleared on an Immediate Basis (TCIB) Payment Scheme Project (P176529) (Английский)

Central Bank Governance and Reserve Portfolios Investment Policies : An Empirical Analysis (Английский)

This paper uses a unique survey data set of 105 central banks to investigate whether investment policies for central bank foreign reserve portfolios are linked to the governance arrangements for reserve...

Georgia - Financial Sector Assessment Program : Technical Note on Payment Systems and Financial Market Infrastructure (Английский)

This note provides a review of the Payment Systems and Financial Market Infrastructure (FMIs) in Georgia with a specific focus on the RTGS. The note was prepared in the context of a virtual mission of...

One-Stop Source : A Global Database of Inflation (Английский)

This paper introduces a global database that contains inflation series: (i) for a wide range of inflation measures (headline, food, energy, and core consumer price inflation; producer price inflation;...