Showing 1 - 10 of 125
The paper discusses the limits to market-based risk transfer in the financial system and the implications for the management of systemic long-term financial risks. Financial instruments or markets to transfer and better manage these risks across institutions and sectors are, as yet, either...
Persistent link: https://www.econbiz.de/10014400372
The government's ability to deliver inclusive growth crucially depends on the quality of governance. This paper reviews … the linkages between governance and inclusive growth, and key policies to improve governance. The policies include (1 …
Persistent link: https://www.econbiz.de/10012604784
Persistent link: https://www.econbiz.de/10011281165
This paper explores the impact of political and institutional variables on public investment. Working with a sample of 80 presidential and parliamentary democracies between 1975 and 2012, we find that the rate of growth of public investment is higher at the beginning of electoral cycles and...
Persistent link: https://www.econbiz.de/10011373913
Persistent link: https://www.econbiz.de/10009614991
Countries in Sub-Saharan Africa (SSA) tend to lag those in most other regions in terms of governance and perceptions of … corruption. Weak governance undermines economic performance through various channels, including deficiencies in government … performance by improving governance and reducing corruption. This paper estimates that strengthening governance and mitigating …
Persistent link: https://www.econbiz.de/10012001456
reforms, fortifying governance frameworks, reducing crime, and mitigating the impact of natural disasters will help sustain …
Persistent link: https://www.econbiz.de/10012154980
This paper argues that better governance practices can reduce the costs, risks and uncertainty of financial … that net interest margins of banks are lower if various governance indicators are better. More cross-border lending also … governance …
Persistent link: https://www.econbiz.de/10011978660
This paper analyzes empirically differences in the size of central bank boards across countries. Defining a board as the body that changes monetary instruments to achieve a specified target, we discuss the possible determinants of a board''s size. The empirical relevance of these factors is...
Persistent link: https://www.econbiz.de/10014400166
This paper examines the relationship between the quality of banking supervision and governance of the supervisory …
Persistent link: https://www.econbiz.de/10014400225