In the aftermath of the global financial crisis, interest in systemic risk has surged among academics and policy makers. The mitigation of systemic risk is now widely accepted as the fundamental underlying concept for the design of the post-crisis regulatory agenda. Effective mitigation requires...

Despite the high-level commitments made on using country systems, Somalia continues to trail other fragile states in critical dimensions, including the proportion of aid delivered "On Budget." Given the explicit focus on statebuilding in Somalia, the preferencing of short-term operational...

This report describes the findings from an educational evaluation carried out in Timor-Leste early in the school year of 2017. The primary purpose of the evaluation was to develop preliminary insights into the effectiveness of the New Curriculum and a second supporting educational innovation,...

What is the impact of greater teacher autonomy on student learning? This paper provides experimental evidence from a program in Brazil. The program supported teachers, through a combination of technical assistance and a small grant, to autonomously develop and implement an innovative project...

This report presents findings from the baseline assessment of International Rescue Committee's (IRC) Girl Empower (GE) program in Nimba County, Liberia. GE seeks to help 13 to 14 year-old girls make healthy life choices and decrease their risk of sexual abuse. The program centers on weekly...

This study conducted a randomized evaluation of a program in the Brazilian state of Ceara. The program was designed to improve teachers' effectiveness by increasing their professional interaction and sharing of classroom practice. In 175 of 350 secondary schools, teachers were provided with...

In 2009, the G20 embarked on an ambitious financial regulatory reform agenda to address the fault lines that caused the global financial crisis. Although the global benefits are expected to outweigh the overall costs, these reforms could produce cross-border adverse spillover effects to...

Prudential regulation of infrastructure investment plays an important role in creating an enabling environment for mobilizing long-term finance from institutional investors, such as insurance companies, and, thus, gives critical support to sustainable development. Infrastructure projects are...

Prudential regulation of infrastructure investment plays an important role in creating an enabling environment for mobilizing long-term finance from institutional investors, such as insurance companies, and, thus, gives critical support to sustainable development. Infrastructure projects are...

This is an assessment of the Securities and Exchange Commission of Thailand (SEC) and, secondarily, of certain self-regulatory organizations (SRO) that participate in the regulation of the capital markets of Thailand. This assessment was conducted in February, 2019 as part of the Financial...