Toward An Effective Supervision of Partially Dollarized Banking Systems /

The paper presents a supervisory framework that addresses the vulnerabilities of partially dollarized banking systems. The tendency to underprice systemic liquidity risk and currency-induced credit risk creates vulnerabilities that need supervisory responses. The framework seeks to induce agents to...

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Bibliografiska uppgifter
Huvudupphovsman: Garcia Pascual, Antonio
Övriga upphovsmän: Cayazzo, Jorge, Gutierrez, Eva, Heysen, Socorro
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2006.
Serie:IMF Working Papers; Working Paper ; No. 2006/032
Länkar:Full text available on IMF
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100 1 |a Garcia Pascual, Antonio. 
245 1 0 |a Toward An Effective Supervision of Partially Dollarized Banking Systems /  |c Antonio Garcia Pascual, Jorge Cayazzo, Socorro Heysen, Eva Gutierrez. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2006. 
300 |a 1 online resource (50 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The paper presents a supervisory framework that addresses the vulnerabilities of partially dollarized banking systems. The tendency to underprice systemic liquidity risk and currency-induced credit risk creates vulnerabilities that need supervisory responses. The framework seeks to induce agents to better internalize risks by implementing a risk based approach to supervision, following the risk management guidelines of the Basel Committee, and by establishing buffers to cover higher liquidity and solvency risks. The paper also shows that most dollarized countries have addressed their liquidity vulnerabilities, but few have addressed those arising from currency-induced credit risks. 
538 |a Mode of access: Internet 
700 1 |a Cayazzo, Jorge. 
700 1 |a Gutierrez, Eva. 
700 1 |a Heysen, Socorro. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2006/032 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2006/032/001.2006.issue-032-en.xml  |z IMF e-Library