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divert attention from the underlying breakdown of incentives. Incentive conflicts explain how securitization went wrong, why … supervision in every country in the world. The paper concludes by identifying reforms that would improve incentives by increasing … transparency and accountability in government and industry alike. "--World Bank web site …
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risky, which is consistent with the demise of the U.S. investment banking sector. "--World Bank web site …
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Securities settlement systems should have a well-founded, clear and transparent legal basis in the relevant jurisdiction. The laws, regulations, rules and procedures governing the operations and activities of Thailand Securities Depositories (TSD) are public and accessible to participants. In...
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Postal networks in the nine countries in the Asian region profiled here have 289,067 post offices. In many of these Asian countries, post offices have provided payments and savings services for more than 130 years. At the end of 2002, 335 million Asians had postal savings accounts, for a total...
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-market premium and putting more downward pressure on domestic prices. "--World Bank web site …
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