Bank failures around the world during the recent financial crisis put taxpayers on the hook for trillions of dollars in government backstopping. In future, requiring banks to issue contingent…
The recent financial crisis has driven many plans for improving the stability and resilience of the global financial system. One concept, managing the risk of default in securities or…
Cutting the inflation target to 1 percent and measuring it more accurately would have lasting economic benefits that should outweigh short-term political objections, according to a study released…
The shadow banking system needs more transparency – not re-regulation – to help prevent future financial turmoil, says a study published today by the C.D. Howe Institute. In “Lifting the Veil:…
The Bank of Canada should lower its inflation target as part of a new monetary policy agreement due at the end of 2011, according to a study released today by the C.D. Howe Institute. In …