Independent Evaluation Group2012-06-042012-06-042006978-0-8213-6652-3https://hdl.handle.net/10986/7028The Financial Sector Assessment Program (FSAP) is a major initiative, undertaken jointly by the World Bank and the IMF, in response to the financial crises of the late 1990s. The ultimate objectives of the program are (i) the identification and resolution of financial sector vulnerabilities and their macroeconomic stability implications; and (ii) fostering financial sector development and its contribution to economic growth. In addition, the FSAP was expected to help the Bank, Fund, and other institutions design appropriate assistance to address issues identified by the FSAP.en-USCC BY 3.0 IGOABSOLUTE TERMSACCOUNTABILITYASSISTANCE PRIORITIESBANK FOR INTERNATIONAL SETTLEMENTSBANK LENDINGBANKING SECTORBANKING SUPERVISIONCASCASSCOUNTRY ASSISTANCECOUNTRY ASSISTANCE STRATEGYCOUNTRY EXPERIENCECOUNTRY PROGRAMCOUNTRY PROGRAMSCOUNTRY STRATEGIESDEVELOPING COUNTRIESECONOMIC DEVELOPMENTECONOMIC GROWTHEMERGING MARKETSESWFINANCIAL CRISESFINANCIAL CRISISFINANCIAL DEPTHFINANCIAL MARKETSFINANCIAL POLICIESFINANCIAL SECTORFINANCIAL SECTOR REFORMFINANCIAL SECTORSFINANCIAL SERVICESFINANCIAL STABILITYFINANCIAL SYSTEMFINANCIAL SYSTEMSGDPGROWTH RATESINCOME INEQUALITYINCOME LEVELSINSTITUTIONAL CHANGESINSTITUTIONAL DEVELOPMENTINSURANCELOW-INCOME COUNTRIESMACROECONOMIC STABILITYMANDATESMISSIONSNATIONAL AUTHORITIESPACIFIC REGIONPAYMENT SYSTEMSPER CAPITA INCOMEPER CAPITA INCOME LEVELSPOLICY DEBATEPOLICY DOCUMENTSPOLITICAL ECONOMYPOVERTY LEVELSPOVERTY RATESPOVERTY REDUCTIONPOVERTY REDUCTION STRATEGYREDUCING POVERTYREFORM PROGRAMREGIONAL DISTRIBUTIONSIGNIFICANT IMPACTSUB-SAHARAN AFRICASUBSIDIARYSYSTEMIC RISKTATECHNICAL ASSISTANCEWorld Bank10.1596/978-0-8213-6652-3