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Mother, Can I Trust the Government? Sustained Financial Deepening
  • Language: en
  • Pages: 44

Mother, Can I Trust the Government? Sustained Financial Deepening

Only a minority of countries have succeeded in establishing a developed financial system, despite widespread financial liberalization. Confronted with this finding, the political institutions view claims that sustained financial deepening is most likely to take place in institutional environments where governments effectively impose constraints on their own powers in order to create trust. This paper identifies over 200 post-1960 episodes of accelerations in financial development in a large cross-section of countries. We find that the likelihood of an acceleration leading to sustained financial development increases greatly in environments that have high-quality political institutions.

Quality Matters
  • Language: en
  • Pages: 389

Quality Matters

  • Type: Book
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  • Published: 2018-12-12
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  • Publisher: Routledge

Information--regular, systematic, reliable--is the life-blood of democracy and the fuel of effective management. Surely today there is no problem with information, for this is the age of information overload. It pours onto our computer screens and out of our printers. Indeed, many governments claim, often with some justification, to be more open and transparent than ever before. But what if the life-blood is contaminated, or the fuel polluted? Then the body politic sickens and the engine of public management runs rough. It is the vital issue of the quality of the information we receive that this book addresses. Quality Matters compares approaches across different jurisdictional settings and ...

Overcoming Obstacles to Peace
  • Language: en
  • Pages: 349

Overcoming Obstacles to Peace

"This volume analyzes the impediments that local conditions pose to successful outcomes of nation-building interventions in conflict-affected areas. Previous RAND studies of nation-building focused on external interveners' activities. This volume shifts the focus to internal circumstances, first identifying the conditions that gave rise to conflicts or threatened to perpetuate them, and then determining how external and local actors were able to modify or work around them to promote enduring peace. It examines in depth six varied societies: Cambodia, El Salvador, Bosnia and Herzegovina, East Timor, Sierra Leone, and the Democratic Republic of the Congo. It then analyzes a larger set of 20 ma...

Ecuador’s “Good Living”
  • Language: en
  • Pages: 318

Ecuador’s “Good Living”

  • Type: Book
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  • Published: 2020-11-23
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  • Publisher: BRILL

Ecuador’s “Good Living”: Crises, Discourse, and Law by Gallegos-Anda, presents a critical approach towards the concept of Buen Vivir that was included in Ecuador’s 2008 Constitution, presenting new inductive theories that analyse the context and power relations that forged it.

Financial Sector Assessment Program
  • Language: en
  • Pages: 94

Financial Sector Assessment Program

"The 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. The evaluation found that the FSAP is a good quality diagnostic tool. Joint Bank-Fund cooperation has allowed an integrated approach towards financial sector vulnerabilities and development needs, and has expanded the depth and quality of the skills base. The assessments, however, fall short in prioritizing recommendations and integrating the findings and recommendations of the assessments into its overall programs."

Financial Sector Reform
  • Language: en
  • Pages: 108

Financial Sector Reform

Soon after its declaration of independence, Lithuania launched a program of market-based economic reforms that achieved remarkable results. However, a banking crisis erupted in January 1996, driven by a combination of ineffective bank supervision, poor bank practices, and deep-rooted sectoral imbalances. With financial support from the World Bank, Lithuanian authorities embarked on a broad economic reform program with two immediate objectives: the resolution of the banking system's operational and undercapitalization problems, and a reduction in the most severe imbalances in the economy. Volume I (see ordering information below) distills findings and conclusions and builds a policy action plan for fast stable growth. Volume II contains a collection of twelve policy notes that provide the technical analysis behind that plan. Also available: Volume II/Analytical Backgroung(ISBN 0-8213-4327-0) Stock no. 14327.

Regents' Proceedings
  • Language: en
  • Pages: 1646

Regents' Proceedings

  • Type: Book
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  • Published: 1972
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  • Publisher: Unknown

None

Assisting Russia's Transition
  • Language: en
  • Pages: 168

Assisting Russia's Transition

This evaluation assesses the development effectiveness of the World Bank's lending and non-lending assistance to the Russian Federation since 1991, a 10-year period of tumultuous political, economic, and social change. This report concludes that an assistance strategy, concentrating on analytical and advisory services with limited financial support for Russia, would have been more appropriate than one involving large volumes of adjustment lending.

2001 Annual Review of Development Effectiveness
  • Language: en
  • Pages: 110

2001 Annual Review of Development Effectiveness

This is the fifth annual review which explores long-term development effectiveness trends and analyses the choice of lending and non-lending instruments and activities to achieve World Bank development objectives. The 2001 review confirms a significant improvement in the outcomes of the Banks lending performance. It finds that selecting the right combination and sequence of activities for a particular objective can make the difference between success and failure, whether at individual project level, for country assistance programmes or for global, sectoral and thematic priorities. At each level, there is unexploited potential to maximise strategic selectivity, and this is especially important in countries with a poor policy framework or acute institutional development needs.

Expanding Access to Finance
  • Language: en
  • Pages: 122

Expanding Access to Finance

This book's prime audience is government policy-makers. It provides a policy framework for governments to increase micro, small and medium enterprises' access to financial services?one which is based on empirical evidence from around the world. Financial sector policies in many developing countries often work against the ability of commercial financial institutions to serve this market segment, albeit, often unintentionally. The framework guides governments on how to best focus scarce resources on three things: ? developing an inclusive financial sector policy; ? building healthy financial ins