{
  "title": "Mapping Financial Sector Vulnerability in a Non-Crisis Country",
  "publication": "IMF Policy Discussion Papers, May 1, 1999",
  "sourceUrl": "https://www.imf.org/en/publications/imf-policy-discussion-papers/issues/2016/12/30/mapping-financial-sector-vulnerability-in-a-non-crisis-country-3125",
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  "summary": "The forward-looking framework expounded in this paper links a qualitative evaluation of system-wide vulnerability (covering macro, sectoral, institutional, and systemic liquidity issues) with a quantitative assessment of the financial condition of significant financial institutions.",
  "sections": [
    {
      "heading": "Overview",
      "content": "- The paper presents a forward-looking framework linking a qualitative evaluation of system-wide vulnerability (covering macro, sectoral, institutional, and systemic liquidity issues) with a quantitative assessment of the financial condition of significant financial institutions.\n- The methodology is described as holistic and usable as an early warning/crisis-avoidance system to identify potential systemic problems—and problem institutions—requiring immediate attention.\n- The framework can also pinpoint needed reforms in the legal, regulatory, and institutional infrastructure that can lessen the likelihood of a future crisis."
    },
    {
      "heading": "Methodology",
      "content": "- Combines qualitative evaluation and quantitative assessment.\n- Uses vulnerability criteria and judgmental stress tests to assess financial sector health.\n- Emphasizes forward-looking analysis rather than retrospective diagnosis."
    },
    {
      "heading": "Indicators of Soundness",
      "content": "- Develops twelve indicators of soundness.\n- Indicators measure:\n  - risk exposure\n  - solvency\n  - liquidity\n  - profitability\n  - supervisory assessment"
    },
    {
      "heading": "Applications and Policy Implications",
      "content": "- Early warning/crisis-avoidance:\n  - Identifies potential systemic problems.\n  - Identifies problem institutions requiring immediate attention.\n- Reform targeting:\n  - Pinpoints needed reforms in legal, regulatory, and institutional infrastructure to reduce future crisis likelihood.\n- Supervisory use:\n  - Supports supervisory assessment through integrated qualitative and quantitative signals."
    },
    {
      "heading": "Key Publication Facts and Identifiers",
      "content": "- Pages: 30\n- Volume: 1999\n- Issue: 004\n- Series: Policy Discussion Paper No. 1999/004\n- DOI: https://doi.org/10.5089/9781451973433.003\n- Stock No: PPIEA0041999\n- ISBN: 9781451973433\n- ISSN: 1564-5193\n\nMapping Financial Sector Vulnerability in a Non-Crisis Country — Inci Ötker, Patrick Downes, Dewitt D Marston; May 1, 1999.\n\n---\n\n Content in this bundle\n\n- Mapping Financial Sector Vulnerability in a Non-Crisis Country - PDP/99/4\n  - Mapping Financial Sector Vulnerability in a Non-Crisis Country - PDP/99/4 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Mapping Financial Sector Vulnerability in a Non-Crisis Country - PDP/99/4 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/imf-policy-discussion-papers/issues/2016/12/30/mapping-financial-sector-vulnerability-in-a-non-crisis-country-3125"
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    "Authors: Inci Ötker, Patrick Downes, Dewitt D Marston",
    "Published: May 1, 1999",
    "Series: IMF Policy Discussion Papers",
    "DOI: https://doi.org/10.5089/9781451973433.003",
    "The paper presents a forward-looking framework linking a qualitative evaluation of system-wide vulnerability (covering macro, sectoral, institutional, and systemic liquidity issues) with a quantitative assessment of the financial condition of significant financial institutions.",
    "The methodology is described as holistic and usable as an early warning/crisis-avoidance system to identify potential systemic problems—and problem institutions—requiring immediate attention.",
    "The framework can also pinpoint needed reforms in the legal, regulatory, and institutional infrastructure that can lessen the likelihood of a future crisis.",
    "Combines qualitative evaluation and quantitative assessment.",
    "Uses vulnerability criteria and judgmental stress tests to assess financial sector health.",
    "Emphasizes forward-looking analysis rather than retrospective diagnosis.",
    "Develops twelve indicators of soundness.",
    "Indicators measure:",
    "Early warning/crisis-avoidance:",
    "Reform targeting:",
    "Supervisory use:",
    "Pages: 30",
    "Volume: 1999",
    "Issue: 004",
    "Series: Policy Discussion Paper No. 1999/004",
    "DOI: https://doi.org/10.5089/9781451973433.003",
    "Stock No: PPIEA0041999",
    "ISBN: 9781451973433",
    "ISSN: 1564-5193",
    "**Mapping Financial Sector Vulnerability in a Non-Crisis Country - PDP/99/4**"
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