Program-based approaches to providing development assistance, especially sector investment programs (SIPs), are receiving increased attention as donors and recipient countries search for effective instruments to foster sustainable development. A SIP is a long-term national program covering...

Over the last two decades banking systems in Latin America have been subject to considerable banking distress and numerous crises. This conference looked at proposals for preventing such episodes. The discussions covered the genesis and implications of deposit insurance cum fractional reserve...

There has been tremendous growth worldwide in the mobilization of financial resources outside traditional banking systems. Channeled mainly through capital markets, such rapid financial diversification is posing new challenges for regulators in many emerging markets. This document describes the...

Promoting a high savings rate is high on the World Bank's agenda for promoting national income growth. This study surveys broad saving trends worldwide, summarizes current knowledge about savings and consumption, identifies main unresolved issues, and outlines the major policy questions to be...

The objective of this study is to support the farm privatization and restructuring process in CIS by presenting a wide range of strategic and tactical options that could be applied to eliminate, or at least reduce, the main factors responsible for the destructive accumnulation of in large farm...