Decentralized Finance (DeFi) is likely to have a significant impact on how banks operate in the future – and even has the potential to shift the structure of the whole financial system at a ...

There are numerous definitions of financial stability. Most of them have in common that financial stability is about the absence of system-wide episodes in which the financial system fails to function ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper discusses financial system stability assessment (FSSA) in Ecuador. Banks and credit cooperatives dominate ...