IMF: How To Deal With Failed Banks

This article is brought to you in association with the International Monetary Fund Written by Deniz Igan, July 3, 2018 During the global financial crisis, policymakers faced a steep trade-off in handling bank failures. Using public funds to rescue failing banks (bail-outs) could weaken market discipline and lead to excessive risk taking—the moral hazard effect. […]

From Shadows to Sunlight, Paraguay’s Road to Transparency

This article is brought to you in association with IMF Blog Current Paraguayan Finance Minister Lea Giménez Duarte knows first-hand that transparency pays off. In this podcast, Duarte says the changes began after the government passed a transparency law in 2014. “We started to rethink about how we manage resources, and why it’s important for […]