Showing 1 - 10 of 94
This paper examines Official Development Assistance (ODA) in the aftermath of large natural disasters between 1970 and 2008. Using an event-study approach, the paper finds that while the median increase in ODA is 18 percent compared to pre-disaster flows, the typical surge is small in relation...
Persistent link: https://www.econbiz.de/10010943823
We examine the impact of aviation disasters on the stock prices of the crash airlines and their rival airlines. Results show that the crash airlines experience deeper negative abnormal returns as the degree of fatality increases. The stock prices of the rival airlines also suffer in large-scale...
Persistent link: https://www.econbiz.de/10010603122
This paper presents a method helpful in analyzing the sources of return in an event study. A generalized decomposition result derived from the differential between two random linear functions attributes the effect of events or regulations on the value of firms to differences in economy-wide and...
Persistent link: https://www.econbiz.de/10010603147
The literature on small and medium-sized enterprise (SME) finance highlights linkages with large firms in value chains … implications for SMEs. This paper explores this gap by looking for evidence on the impact of SMEs' access to finance of inter … technologies in Costa Rica), a comparison between the different sources and instruments of finance used by SMEs is presented. A …
Persistent link: https://www.econbiz.de/10010943802
Los desastres naturales han repercutido en las perspectivas de desarrollo de muchos de los países de América Latina y el Caribe. Nicaragua está al frente de esta infortunada realidad, estando localizada en una de las zonas del mundo más propensa a amenazas naturales. Con el fin de apoyar a...
Persistent link: https://www.econbiz.de/10009216192
The Bank is receiving an increasing number of requests from state and municipal governments to finance publicly owned …
Persistent link: https://www.econbiz.de/10009216195
This study was prepared for the Financial Services and Poverty Reduction research project and was presented at the conference with the same name held at Bank headquarters in September of 2004. It first establishes the considerable welfare cost borne by the region's poor when facing uncovered...
Persistent link: https://www.econbiz.de/10009246461
This paper outlines some of the issues that affect small and medium sized enterprises (SMEs) in three areas: regulation, procurement, and dispute resolution. The work presented herein is part of the Bank's most recent efforts to develop new approaches and instruments to strengthen its role as a...
Persistent link: https://www.econbiz.de/10009246485
Several developed and developing countries started to integrate their specialized supervisory institutions into a single entity during the past few years. A debate on the pros and cons of integrated supervision models emerged recently. Issues in favor and against integration have been...
Persistent link: https://www.econbiz.de/10009246491
Small and medium enterprises are estimated to account for at least 10 percent of the number of total businesses in most Latin American countries and between 20-40 percent of total employment. In the 1990's, 30 percent of new jobs were created by SMEs. Small companies have played a major role in...
Persistent link: https://www.econbiz.de/10009246497