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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
The Government of China has placed strong emphasis on addressing problems related to agriculture, farmers, and rural … delivery at the grassroots level. And, given China's size and diversity, reform efforts must focus on improving incentive …
Persistent link: https://www.econbiz.de/10012552485
-funded health sector reform project in China known as Health VIII. On the supply-side, the project combined infrastructure …
Persistent link: https://www.econbiz.de/10012554198
expenditures, as in China and India, the impact was magnified. Increases in recurrent expenditure, which were made in Brazil and … India, acted as short-term stimulants; additional public investment, as in China, appears to have had a more lasting impact … restricted the contribution of Brazilian states to fiscal stimulus. Legal prohibition of subnational borrowing induced China …
Persistent link: https://www.econbiz.de/10012559444
Drawing on recently completed firm-level surveys in Bangladesh, Brazil, China, Honduras, India, Nicaragua, Pakistan … get a telephone line, sales lost to power outages). For many of these costs, the obstacles are lower in China than in the … for investment and production. This paper helps explain why China has been so successful over the past decade, both in …
Persistent link: https://www.econbiz.de/10012559770
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
Given Sub-Saharan Africa's enormous resource needs for growth, poverty reduction, and other Millennium Development Goals, the development community has little choice but to continue to explore new sources of financing, innovative private-to-private sector solutions, and public-private...
Persistent link: https://www.econbiz.de/10012552395
A diaspora bond is a debt instrument issued by a country - or potentially, a sub-sovereign entity or a private corporation - to raise financing from its overseas diaspora. Israel and India have raised $35-40 billion using these bonds. Drawing on their experiences, this paper discusses the...
Persistent link: https://www.econbiz.de/10012559902
This paper analyzes the evolution of sovereign credit ratings in the wake of the global financial crisis by studying changes in actual, shadow, and relative ratings between 2008 and 2012. For countries that do not have a rating from the major rating agencies, shadow ratings are estimated as a...
Persistent link: https://www.econbiz.de/10012560751
The global financial crisis and its aftermath have triggered extraordinary policy responses in advanced countries. The impacts of these policy responses—from asset price bubbles to currency depreciations—have often been felt in the developing world. As tapering talk evolves into actual...
Persistent link: https://www.econbiz.de/10012564370