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results show that equity tranche retention continues to best incentivize loan screening. …
Persistent link: https://www.econbiz.de/10008470381
Developing and boosting the private sector, in the area of industry, trade, and private sector, actions for securing investment, promoting investment, developing partnerships in Madagascar produced positive results. The investment rate is 12.37 percent out of an objective of 14 percent. The...
Persistent link: https://www.econbiz.de/10011242649
This paper discusses the Poverty Reduction Strategy Paper (PRSP) for Burundi. The PRSP comes two and a half years after the approval in January 2004 by the Executive Boards of the IMF and the World Bank of the Interim PRSP (I-PRSP). The PRSP is also the outgrowth of a long period of negotiations...
Persistent link: https://www.econbiz.de/10011242722
crisis. The basic model considers banks' optimal screening decisions in the presence of counterparty default risks. In … equilibrium, banks will maintain a higher precision screening test for domestic firms and a lower precision screening test for …
Persistent link: https://www.econbiz.de/10009370564