The Local Government Division, Ministry of Local Government, Rural Development and Cooperatives (LGD) agreed, as part of the identification of a follow-up project to the on-going Rural Transport Improvement Program (RTIP), to launch an Operational Risk Assessment (ORA) of the Local Government...

The Local Government Division, Ministry of Local Government, Rural Development and Cooperatives (LGD) agreed, as part of the identification of a follow-up project to the on-going Rural Transport Improvement Program (RTIP), to launch an Operational Risk Assessment (ORA) of the Local Government...

In April, 2008 the World Bank and the Local Government Engineering Department (LGED) commenced a study with the following objectives: (i) to assess fiduciary and operational risks in LGED's management of projects, assets and other resources, and in the Local Government Division (LGD), Ministry...

"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,...

"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...

"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...