The BSP's regulatory framework is broadly effective for the size and complexity of the Philippine banking system, but legislative gaps continue to hinder effective supervision of banks. The BSP has a well-resourced, experienced and highly committed staffing complement, but there is an ongoing...

Annotation, The Bank's strategy has changed significantly in the last decade, and this report summarizes the lessons learned and considers the implementation of the Bank's evolving policy framework for poverty reduction. It recommends better monitoring and evaluation techniques as well as clear,...

The Global Monitoring Report 2014/2015: Ending Poverty and Sharing Prosperity was written jointly by the World Bank Group (WBG) and the International Monetary Fund, with substantive inputs from the Organisation for Economic Co-operation and Development. This year's report details, for the first...