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Global Issues  Seminar Series: Financial Stability   Stijn Claessens  World Bank and University of Amsterdam October 25, 2006  World Bank
Slide 1: Outline ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],World Bank
Slide 2: Anatomy: Long-run trends in financial integration (according to Obstfeld) ,[object Object]
Slide 3: Anatomy: price and quantity metrics ,[object Object]
Slide 4: World total foreign assets and liabilities 1970-2003
Slide 5:   Two-way diversification accelerated  in the 21st century ,[object Object],[object Object],[object Object],[object Object],World Bank
Slide 6: Anatomy: Foreign assets,  then and now World Bank
Slide 7: Dynamics: Three Major Forces ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],World Bank
Slide 8:   Globalization and Technology  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],World Bank
Slide 9: Deregulation ,[object Object],[object Object],[object Object]
Slide 10:   Actions: Overview ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],World Bank
Slide 11: IFA has focused on standards  and enhanced surveillance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],World Bank
Slide 12: The proposals were largely shaped by developed countries  ,[object Object],[object Object],[object Object],[object Object],[object Object],World Bank
Slide 13: The onus has consequently been on poor countries to adapt ,[object Object],[object Object],[object Object],[object Object],[object Object],World Bank
Slide 14: Consequences in a  narrow way… ,[object Object],[object Object],[object Object],[object Object],[object Object],World Bank
Slide 15:   Foreign Exchange Reserves: Asia (U.S. $ billion) End-01 End-97 Latest World Bank
Slide 16:   Consequences in a broader way… ,[object Object],[object Object],[object Object],[object Object],World Bank

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Claessens Financial Stability

  • 1. Global Issues Seminar Series: Financial Stability Stijn Claessens World Bank and University of Amsterdam October 25, 2006 World Bank
  • 2.
  • 3.
  • 4.
  • 5. Slide 4: World total foreign assets and liabilities 1970-2003
  • 6.
  • 7. Slide 6: Anatomy: Foreign assets, then and now World Bank
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16. Slide 15: Foreign Exchange Reserves: Asia (U.S. $ billion) End-01 End-97 Latest World Bank
  • 17.