{
  "title": "Morocco: Financial Sector Assessment Program: Technical Note-Crisis Management, Bank Resolution, and Financial Sector Safety Net",
  "publication": "IMF Staff Country Reports, November 7, 2016",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/morocco-financial-sector-assessment-program-technical-note-crisis-management-bank-resolution-44348",
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  "summary": "This paper discusses key issues related to the economy of Poland. Thanks to its sound policies, close links to the German supply chain, and substantial EU transfers, Poland is the only country in the European Union that avoided an outright recession during the global financial crisis.",
  "publishDate": "2016-11-07",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Executive summary and key findings",
      "content": "- The summary text discusses key issues related to the economy of Poland.\n- Poland avoided an outright recession during the global financial crisis—attributed to:\n  - \"sound policies\"\n  - \"close links to the German supply chain\"\n  - \"substantial EU transfers\"\n- The strong performance has masked \"enduring regional disparities, which are undermining the quality of growth.\"\n- Poland faces \"significant long-term challenges as an aging population weighs on potential growth and public finances.\"\n- The new government, which took office in November, has approved a \"Responsible Development Plan, focused on spurring growth through innovation and reducing social and regional disparities.\""
    },
    {
      "heading": "Subjects and thematic scope",
      "content": "- Subject: Bank legislation, Bank liquidation, Bank resolution, Bank resolution framework, Banking, Deposit insurance, Distressed institutions, Financial crises, Financial institutions, Financial regulation and supervision\n- Keywords: Africa, assistance function, BAM Law, BAM's governor, bank contribution, Bank legislation, Bank liquidation, Bank resolution, Bank resolution framework, bank supervisor, bank support, banking resolution, central bank act, CR, cross-border bank resolution mechanism, designated resolution authority, Distressed institutions, financial situation, ISCR, liquidated bank, resolution mechanism, state guarantee"
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    {
      "heading": "Notable institutional and policy note",
      "content": "- The summary highlights a \"Responsible Development Plan\" approved by the new government (took office in November) with priorities:\n  - \"spurring growth through innovation\"\n  - \"reducing social and regional disparities\"\n\nInternational Monetary Fund. Morocco: Financial Sector Assessment Program: Technical Note-Crisis Management, Bank Resolution, and Financial Sector Safety Net, November 7, 2016.\n\n---\n\n Content in this bundle\n\n- Cr16332 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/morocco-financial-sector-assessment-program-technical-note-crisis-management-bank-resolution-44348"
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    "Published: November 7, 2016",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781475546019.002",
    "The summary text discusses key issues related to the economy of Poland.",
    "Poland avoided an outright recession during the global financial crisis—attributed to:",
    "The strong performance has masked \"enduring regional disparities, which are undermining the quality of growth.\"",
    "Poland faces \"significant long-term challenges as an aging population weighs on potential growth and public finances.\"",
    "The new government, which took office in November, has approved a \"Responsible Development Plan, focused on spurring growth through innovation and reducing social and regional disparities.\"",
    "Subject: Bank legislation, Bank liquidation, Bank resolution, Bank resolution framework, Banking, Deposit insurance, Distressed institutions, Financial crises, Financial institutions, Financial regulation and supervision",
    "Keywords: Africa, assistance function, BAM Law, BAM's governor, bank contribution, Bank legislation, Bank liquidation, Bank resolution, Bank resolution framework, bank supervisor, bank support, banking resolution, central bank act, CR, cross-border bank resolution mechanism, designated resolution authority, Distressed institutions, financial situation, ISCR, liquidated bank, resolution mechanism, state guarantee",
    "The summary highlights a \"Responsible Development Plan\" approved by the new government (took office in November) with priorities:",
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