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exchange rate volatility, and (b) trade and financial openness may have a potential role of mitigating and/or amplifying real … openness to exacerbate or mitigate real exchange rate volatility. The authors collected information on the real effective …) High real exchange rate volatility is the result of highly volatile productivity shocks, and sharp oscillations in monetary …
Persistent link: https://www.econbiz.de/10011394190
"The objective of this paper is to provide an overview of the changes in the calculation of minimum regulatory capital requirements for credit risk that have been drafted by the Basel Committee on Banking Supervision (Basel II). Even though the revised credit capital rules represent a dramatic...
Persistent link: https://www.econbiz.de/10010522643
"This paper examines the effects of inflation targeting on industrial and emerging economies' output growth over the "globalization years" of 1986-2004. Controlling for trade openness and two indicators of financial globalization, the authors find systematic positive and significant effects of...
Persistent link: https://www.econbiz.de/10010520968
National systems for environmental and social impact assessment (ESIA) are designed to improve the environmental and social performance of projects and support countries' sustainable development strategies. The objectives of this Literature Review are to identify trends, findings and gaps in...
Persistent link: https://www.econbiz.de/10013545288
The World Bank began a three-year pilot initiative to develop a framework for enhancing development benefits to local communities in hydropower projects. There has been a wide array of approaches in the past two decades that all have in common the objective of designing and implementing means...
Persistent link: https://www.econbiz.de/10012557838
This study examines the gender profile of the Russian Federation through a comprehensive review of the current literature (1248 publications on gender issues throughout the transition decade) on the conditions of women and men and on the gender disparities in a number of indicators. The report...
Persistent link: https://www.econbiz.de/10012558538
"Microfinance has been heralded as an effective way to address imperfections in credit markets. But from a theoretical perspective, the success of microfinance contracts has puzzling elements. In particular, the group-based mechanisms often employed are vulnerable to free-riding and collusion,...
Persistent link: https://www.econbiz.de/10010522103
"Powell, Mylenko, Miller, and Majnoni analyze how data in public credit registries can be used both to strengthen bank supervision and to improve the quality of credit analysis by financial institutions. Empirical tests using public credit registry (PCR) data were performed in collaboration with...
Persistent link: https://www.econbiz.de/10010522892
Persistent link: https://www.econbiz.de/10010523340