Finance and Inequality
The IMF study examines empirical relationships between income inequality and three features of finance: depth, inclusion, and stability. Using new data covering a wide range of countries, the authors find…
analysis
Taking stock of the Single Resolution Board – Banking Union scrutiny
The analysis shows that the Single Resolution Board has had a somewhat difficult start, but has been able to learn and adapt, and has gained stature following its first bank…
Financial regulation: still unsettled a decade after the crisis
According to the author of the article, the post-crisis regulatory framework has made systemically important banks much more resilient. But the current regulatory framework does not deal effectively with threats…
European banking supervision: the first eighteen months
The Bruegel report is an in-depth early assessment of how the Single Supervisory Mechanism works in practice since its official start in November 2014. The authors found European banking supervision to be broadly effective, tough,…
Where did the Greek bailout money go?
The paper provides a descriptive analysis of where the Greek bailout money went since 2010 and finds that, contrary to widely held beliefs, less than 5% of the overall programme…
Uneasy calm gives way to turbulence
In its’ quarterly review the Bank for International Settlements analyses international banking and financial market developments, warning that there is a gathering storm in the global economy, in part caused by…
TLAC/MREL: making failure possible?
The Finance Watch policy brief is a valuable in-depth description and analysis of TLAC/MREL, pointing to some substantial deficiencies. It provides an update on recent developments in the area of bank recovery and…