Showing 1 - 10 of 368
This paper develops and tests a proposed methodology that puts forward a new integrated method for evaluating the performance of development finance institutions. This methodology applies assessment criteria that take into account both the social objective that the development finance...
Persistent link: https://www.econbiz.de/10012552290
This paper reviews and synthesizes theoretical and empirical research on the role of finance in developing countries. First, the paper presents the stylized facts about firms in developing nations as well as the legal, financial and broader institutional framework in which these firms operate....
Persistent link: https://www.econbiz.de/10012552140
Firms often cite financing constraints as one of their primary obstacles to investment. Global capital flows, by bringing in scarce capital, may ease the financing constraints of host country firms. But if incoming foreign investors borrow heavily from domestic banks, foreign direct investment...
Persistent link: https://www.econbiz.de/10012559547
of countries. Finally, it presents a detailed case study of the governance arrangements in place at the Development Bank …
Persistent link: https://www.econbiz.de/10012552767
of bank competition on firms' access to finance. They find that low competition, as measured by high values of the Lerner … index, diminishes firms' access to finance, while commonly-used bank concentration measures are not robust predictors of … information, can mitigate the damaging impact of low competition. But other characteristics, such as high government bank …
Persistent link: https://www.econbiz.de/10012557045
This paper assesses European bank deleveraging and its impact on global credit conditions. Before the onset of the … international banks although European banks remain a dominant source of funding. "Good" bank deleveraging is still necessary from a … core component of this multi-year deleveraging process. Taken together, European bank deleveraging warrants close attention. …
Persistent link: https://www.econbiz.de/10012558123
Until the late 1960s, the World Bank presented itself as an institution devoted to making sound and directly productive … project loans. Yet, during its very early years, some discussions developed inside the Bank regarding the possibility of … that the Bank was unwilling to lend for housing programs not because these were not sound - in fact, they were - but …
Persistent link: https://www.econbiz.de/10012552461
This paper describes the recent trends in foreign bank ownership in developing countries, summarizes the existing … evidence on the causes and implications of foreign bank presence, and reexamines the link between banking crises and foreign … bank participation. Using data on the share of banking sector assets held by foreign banks in over 100 developing countries …
Persistent link: https://www.econbiz.de/10012552578
' market structures in developing countries. The authors analyze the impact of these factors on Latin American bank spreads … bank participation seemed to influence spreads indirectly, primarily through its effect on administrative costs. Bank …
Persistent link: https://www.econbiz.de/10012559873
This paper describes important trade-offs that microfinance practitioners, donors, and regulators navigate. Drawing evidence from large, global surveys of microfinance institutions, the authors find a basic tension between meeting social goals and maximizing financial performance. For example,...
Persistent link: https://www.econbiz.de/10012552010