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Development
Brings together more than one hundred articles dealing with the discipline of development in all its diversity. Key topics include the transformation of peasant economies, argibusiness, rural-urban relations, markets, industrialization, workers, trade, aid and structural adjustment. A unique set in its comprehensiveness and diversity, it also considers four key challenges for development theory and practice relating to capabilities, ethics, sustainability and regulation.
Principles of Regulatory Policy Design
Differences in the form, function, and scope of regulatory policies are traced to differences in social institutions, in the characteristics of the industries being regulated, and in the regulators' objectives and resources.
Kenya
Structural adjustment loans in Kenya have supported trade liberalization, exchange rate depreciation, and, to some extent, export development. But World Bank funds may have helped Kenya postpone critical reform of the civil service and social sectors and divestiture of parastatals.
Are Institutional Investors an Important Source of Portfolio Investment in Emerging Markets?
Major institutional investors in five industrial countries invest cautiously, and very little, in emerging market securities. But only in Germany are regulations on foreign investment a significant constraint.
difficulties of transferring risk based capital requirements to developing countries
Regulatory strategies that make sense for industrial countries may not be transferable, unchanged, to developing countries. But developing countries could clearly benefit from reformed supervisory technology, including improved information collection and management.
Eastern Europe's Experience with Banking Reform
The effectiveness of banks in the transition depends on how soon authorities begin to restructure the banking system and how that restructuring fits into the sequence with enterprise restructuring and privatization.
