Despite the longstanding insider trading debate, there is little empirical research on insider trading laws, especially in a comparative context. The article attempts to fill that gap. I find that countries with more prohibitive insider trading laws have more diffuse equity ownership, more...

This paper argues that governments and regulators, supported by financial institutions and multilateral development banks (MDBs), hold the key to mobilizing private finance at the scale needed to transform the way we build, produce, and consume in order to protect nature while fostering...

Meeting the 2030 UN Sustainable Development Goals will require enormous infrastructure investment around the world. Sustainability-linked financing (SLF) incentivizes companies to pursue ambitious, long-term environmental and social goals. As the largest global development institution focused on...

Despite being an upper middle income country, South Africa's high inequality and the long-lasting legacies of apartheid mean that the country is faced with numerous development challenges, many of which are characteristic of countries with much lower incomes. This paper focuses on social...

South Africa's social assistance system represents a major intervention by government in addressing the deprivation amongst the country's population. The system is extensive in terms of both the number of people it covers, directly and indirectly, as well as in terms of the amount of scarce...

The South African financial system has weathered the shock of COVID-19 but faces growing risks emanating from a weak macroeconomic outlook. The pandemic crisis hit South Africa hard, with nonresident capital outflows accelerating and the domestic and global slowdown precipitating a6.4 percent...

The Southern African Customs Union (SACU) is the most unequal region in the world. While there has been some progress in recent years, inequality has remained almost stagnant in the most unequal countries. Using an innovative framework, this report provides a systematic and comprehensive...

Access to international markets plays a critical role in an economy's growth and development. Trade facilitation, the simplification, modernization, and harmonization of export and import processes has therefore emerged as an important issue for countries, as is reflected in the World Trade...

This report presents the result of the qualitative evaluation to understand the implementation of five adherence interventions from the provider perspective in four South African provinces. The research is part of the evaluation of the new Adherence Guidelines for HIV, TB and other chronic...