The IMF–World Bank Financial Sector Assessment Program: A View from the Inside

Paul Kupiec

Chapter 6 in Systemic Financial Crises:Resolving Large Bank Insolvencies, 2005, pp 69-81 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe International Monetary Fund–World Bank (IMF–WB) Financial Sector Assessment Program, or FSAP, evolved as a response to the Asian financial crisis of the late 1990s. The FSAP program was designed to strengthen the IMF's capacity to perform financial sector surveillance, to identify emerging financial sector vulnerabilities, and help identify financial sector development needs that could be addressed through the IMF–WB technical assistance programs. Internal IMF–WB documents have articulated FSAP program goals that include "help[ing] countries enhance their resilience to crisis and foster[ing] growth by promoting financial stability and financial sector diversity"…

Keywords: Bank Failures; Large Bank; Insolvencies; Resolutions; Macroeconomies (search for similar items in EconPapers)
Date: 2005
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