Showing 1 - 10 of 571
As a result of worldwide decentralization, subnational debt is rising. Subnational debt crises in major developing countries in the 1990s have led to strengthened regulatory frameworks for subnational borrowing and insolvency. With the fragility of the global recovery and increasing public debt,...
Persistent link: https://www.econbiz.de/10012976456
This paper studies the use of psychometric tests, which were designed by the Entrepreneurial Finance Lab as a tool to screen out high credit risk and potentially increase access to credit for small business owners in Peru. The analysis uses administrative data covering the period from June 2011...
Persistent link: https://www.econbiz.de/10012970534
This study uses loan-level data on syndicated lending to a large sample of developing countries between 1993 and 2017 to estimate the mobilization effects of multilateral development banks (MDBs), that is, their ability to crowd-in capital from private creditors. Controlling for a large set of...
Persistent link: https://www.econbiz.de/10012840715
This paper examines salary gaps by gender and nationality at the World Bank Group between 1987 and 2015 using a unique … three main findings. First, 76 percent of the $27,400 salary gap across the average male and female staff at the World Bank … Group can be attributed to composition effects, whereby men entered the World Bank Group at higher paid positions …
Persistent link: https://www.econbiz.de/10012956454
This paper describes the methodology for a new World Bank Human Capital Index (HCI). The HCI combines indicators of …
Persistent link: https://www.econbiz.de/10012910533
Historically, development banks have been an important instrument of governments to promote economic growth by providing credit and a wide range of advisory and capacity building programs to households, small and medium enterprises, and even large private corporations, whose financial needs are...
Persistent link: https://www.econbiz.de/10012975451
This study investigates the impact of World Bank development policy loans on the ease of doing business. It finds that … World Bank is more relevant than the amount of resources invested in the project …
Persistent link: https://www.econbiz.de/10014121614
Sovereign credit guarantees and government on-lending can catalyze private sector investment and fulfill specific policy objectives. However, contingent liabilities stemming from guarantees and contingent assets stemming from on-lending expose governments to risk. Prudent risk management,...
Persistent link: https://www.econbiz.de/10012970229
An asset and liability management framework for managing risks arising from sovereign foreign exchange obligations requires a joint analysis of (i) the external financial liabilities resulting from a country's sovereign debt and (ii) the foreign exchange assets of its central bank. Governments...
Persistent link: https://www.econbiz.de/10012892756
This paper proposes a framework for ex ante evaluation of sovereign disaster risk finance instruments available to governments for funding disaster losses. The framework can be used by governments to help choose between different financial instruments, or between different combinations of...
Persistent link: https://www.econbiz.de/10012968732