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The Regulation of Non-bank Financial Institutions
World Bank Discussion Paper No. 362. There has been tremendous growth worldwide in the mobilization of financial resources outside traditional banking systems. Channeled mainly through capital markets, such rapid financial diversification is posing new challenges for regulators in many emerging markets. This document describes the various aspects and implications of this growth, reviews the regulatory framework adopted in some mature market economies, including the United States and the European Union, and discusses regulatory issues in emerging markets.
Evaluating Health Projects
This book explores the wave of decentralization that has swept through Latin America and the projected institutional changes within the governments in the region. Although it notes the ways in which decentralization implies a critique of past governing patterns, the emphasis is on such potential consequences of governmental change as the strengthening of democratic participation in government and the improvement of local public service. The book draws upon institutional experiments carried out at the state level to examine which decentralization strategies work best in Latin America. It is organized around three major requirements for the success of decentralization: * Establishing the national fiscal framework * Moving government closer to the people * Improving municipal service delivery. Tables illustrate the shift of revenues and expenditures from central authorities to intermediate levels of government.
Intensified Systems of Farming in the Tropics and Subtropics
Environmentally Sustainable Development Studies and Monographs Series No. 19. Five years have passed since the United Nations Conference on Environment and Development, better known as the Rio Earth Summit. Almost all the countries of the world attended the conference and committed themselves to the policies and programs laid out in Agenda 21, the action plan of the summit. The World Bank and other international agencies have sought to be active partners in implementing the agenda. This report is part of the Bank's current efforts to review the progress made over the past five years and to make plans for improved effectiveness for the future. The paper is divided into two parts. Part I looks at the broad picture, assessing some of the large challenges for the future and outlining thematic principles. Part II provides concise reviews of the majority of the chapters of Agenda 21 and relates them to the standpoint of Bank activities.
Innovations and Risk Taking
Annotation World Bank Discussion Paper No. 357.Decentralization and democratization in the Latin America and the Caribbean region have produced a wave of innovations on the local government level--upgrading professional staffs, raising taxes and user fees, delivering better services, and mobilizing participation in public choice-making. This paper documents five cases of best practices at the local level, focusing on innovations in Mendoza, Argentina; Curitiba, Brazil; Cali, Colombia; Manizales, Colombia; and Tijuana, Mexico. A the central message of the paper is that by supporting creation and adoption of best practice, donors can enjoy a cost-effective impact in achieving the next stages of reform in the region, but that work must be done at the local level.
Saving Across the World
World Bank Technical Paper No. 349. The Bank's approach to water resources development has shifted from one of construction activities to one of improved management quality, creating a new generation of water-related projects and the need for new evaluation procedures. This paper addresses the methodology for economic evaluation of this new group of projects and draws on the experience of the recently approved Mexico Water Resources Management project.
Farm Restructuring and Land Tenure in Reforming Socialist Economies
The transition: conditions and legislation; Survey design: the demographic and physical setting; Processes of land reform; Crop production; Livestock production; Markets for inputs and products; Capitalization and assets; Finance and banking; Labour, housing and social services.
Practical Lessons for Africa from East Asia in Industrial and Trade Policies
Living Standards Measurement Survey Working Paper No. 121. Explores the link between poverty and lack of infrastructure using the 1992-93 Viet Nam Living Standards Survey. The household data indicate that, in general, access to infrastructure is almost equally bad for the poor and the non-poor, although there are some regional and urban-rural differences. The paper gives particular attention to the potential benefits from an expansion of irrigation infrastructure.
The Impact of the Uruguay Round on Africa
Annotation World Bank Discussion Paper No. 311.Examines the effects of the Uruguay Round on the countries of Sub-Saharan Africa. The findings show that the effects will be minimal overall and may be beneficial to countries which make the necessary domestic reforms for participation in the world market.
The Broad Sector Approach to Investment Lending
The persistent inequality between women and men constrains society to lower levels of productivity and economic growth. The evidence for taking corrective action is now more compelling than ever. This report draws on case studies and other evidence to show how public policy can and should support services and infrastructure where the social returns are the highest and the use by women the greatest. It reviews progress made to date on gender issues and explores why inequalities persist. The report also stimulates ideas for creative solutions by pointing out innovative and less-than-obvious strategies that have proved successful. In Morocco, for instance, a study shows that paving the public road to school increases a girl's probability of attending classes by 40 percent. Also available: Toward Gender Equality: The Role of Public Policy on CD-ROM (ISBN 0-8213-3471-9) Stock No. 13471.
UN Convention Against Corruption to Combat Fraud & Corruption
An invaluable Book dealing with United Nations Convention Against Corruption (UNCAC), in force from December 2005, including its evolution, and related UN Convention Against Transnational Organize Crime. UNCAC - is an international legal instrument dealing with combating fraud, corruption and economic crime in public and private sectors, including political leaders and lackeys. Author discloses the formation of International Association of Anti-Corruption Authorities (IAACA), in Beijing in October 2006, with Inaugural Address by Chinese President, Hu Jintao. IAACA promotes and facilitates implementation globally of UNCAC, supported by United Nations Office on Drugs & Crime (UNODC). He reveal...
