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The material within these pages shows that Barbados, a Caribbean country with just over a quarter of a million people, embodies many of the classic vulnerabilities of an island with a small open economy, yet aspires to developed-country status, and is already well advanced on the road to...
Persistent link: https://www.econbiz.de/10010943497
The material within these pages shows that Barbados, a Caribbean country with just over a quarter of a million people, embodies many of the classic vulnerabilities of an island with a small open economy, yet aspires to developed-country status, and is already well advanced on the road to...
Persistent link: https://www.econbiz.de/10010895474
This report (RE-252) describes the role of evaluation as an integral part of improving public sector management by providing regular feedback on the results of public action. It lays out some of the present challenges for the Bank in this area, as well as some considerations for the future...
Persistent link: https://www.econbiz.de/10010674141
This paper explores whether the level of financial integration of banks in a country increases the incidence of systemic banking crises. The paper uses a de facto proxy for financial integration based on network statistics of banks participating in the global market of interbank syndicated...
Persistent link: https://www.econbiz.de/10010943839
In recent years, and especially in the aftermath of the global financial crisis, a number of emerging market economies have been reforming their regulatory frameworks to adopt recommendations of the macroprudential approach. This paper discusses the potential usefulness of implementing this...
Persistent link: https://www.econbiz.de/10010944032
Although financial development is good for long-term growth, not all countries pursue policies that render full financial development. This paper builds on an extensive political economy literature to construct a theoretical model showing that the intensity of opposition to financial development...
Persistent link: https://www.econbiz.de/10010944496
This paper investigates the relevance of business saving for private saving and investment around the world by … are the main contributors to private and national saving around the globe, contributing on average more than 50 percent of … national saving. Using this unique dataset, evidence is found of partial piercing of the corporate veil: for the core …
Persistent link: https://www.econbiz.de/10010944516
En esta edición de Microempresa se presentan dos artículos principales. En el primero, se examina por qué siendo las instituciones microfinancieras (IMF) una oportunidad atractiva para los inversores privados, son tan pocos los inversores financieros y sociales privados que proveen fondos a...
Persistent link: https://www.econbiz.de/10010672523
This report (RE-305) presents the evaluation conducted by the Office of Evaluation and Oversight of the Bank's program with Panama from 1991 to 2003. Its intent is to describe for the Bank's Directors the outcomes of the institution's activity in Panama and extract lessons that can help make...
Persistent link: https://www.econbiz.de/10010672725
investment, State Owned Enterprises and the Bank interventions in developing investment operations. …
Persistent link: https://www.econbiz.de/10010672845