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Before the COVID-19 pandemic, global learning levels were unacceptably low. In 2019, learning poverty, the share of children unable to read and understand a simple text by age 10, had reached 57 percent in low- and middle-income countries (World Bank and others 2022b). This constituted a global...
Persistent link: https://www.econbiz.de/10014579297
Nonperforming Loans (NPLs) in the banking system constituted 16.5 percent of total loans, owing primarily to the corporate sector. The Credit Bureau, maintained by the Association of Serbian Banks, also discloses dramatic increases in corporate and retail defaults over the past year. NPL...
Persistent link: https://www.econbiz.de/10012247156
"This paper discusses some of the key characteristics of the U.S. subprime mortgage boom and bust, contrasts them with … characteristics of emerging mortgage markets, and makes recommendations for emerging market policy makers. The crisis has raised … questions in the minds of many as to the wisdom of extending mortgage lending to low and moderate income households. It is …
Persistent link: https://www.econbiz.de/10010521033
facilitate the development of mortgage-related securities. Despite such a strong appeal, there are significant barriers to the … development of mortgage securities in emerging markets. Their success is dependent on many factors, starting with a strong legal … and regulatory framework and liberalized financial sector, and including a developed primary mortgage market. The …
Persistent link: https://www.econbiz.de/10010522964
Persistent link: https://www.econbiz.de/10010523388
Persistent link: https://www.econbiz.de/10002035494
This study examines the constraints on the housing sector in Afghanistan. It evaluates government policy on housing, looks at the state of housing finance, and examines legal and regulatory barriers with a bearing on the housing market. The report provides policy recommendations aimed at helping...
Persistent link: https://www.econbiz.de/10012553054
"The authors analyze the determinants and implications for financial stability of the mix of international banks' claims countries receive. In particular, they distinguish between local claims, extended by international banks through their affiliates in a host (or claim recipient) country, and...
Persistent link: https://www.econbiz.de/10010522445
"The authors describe and analyze river basin management in the Guadalquivir River Basin in Spain. The Guadalquivir … river flows westerly across southern Spain, with nearly all of its 57,017 km2 drainage area within the region of Andalusia … water user participation. Following the Spanish political system's transformation and Spain's accession to the European …
Persistent link: https://www.econbiz.de/10010522673
"Serrano and Trujillo quantify the evolution of technical efficiency in port infrastructure service provision in the major Spanish port authorities involved in container traffic. They also analyze the extent to which port reforms that took place in the 1990s had an impact on the efficiency of...
Persistent link: https://www.econbiz.de/10010522684