What can be done to rapidly and effectively contain systemic risks, restore the solvency and profitability of financial institutions, minimize the impact of financial sector distress on the economy and limit the fiscal costs of a crisis? What set of policies contribute to a rapid and successful...

Group-based lending programs for the poor have become a focus of attention in the development community over the last several years. To date, there has been no comprehensive investigation of their impact on household behavior that has been sufficiently attentive to issues of endogeneity and...

Diversification of the financial sector has been one of the central features of China's recent and rapid economic growth. This book traces the development of China's Trust and Investment Companies (TICs), the most numerous non-bank financial institutions to emerge in China, and their link to the...

Cambodia has achieved remarkable economic development and political stabilization in recent years. Continuous high growth has heightened demand for high quality financial reporting and auditing in the corporate sector and in the government sector. This report on the observance of standards and...

The 2008 financial crisis highlighted weaknesses in the risk management, control and governance processes of banks as well as in their statutory audit and financial supervision. This led to increased scrutiny of the respective roles and interactions of banking supervisors and external auditors...

This assessment of the implementation of the BCP in India has been completed as part of the Financial Sector Assessment Program (FSAP), which has been undertaken by the International Monetary Fund (IMF) and the World Bank (WB) in 2017, at the request of the Indian authorities. The scope of the...