The Asset Recovery Handbook: A Guide for Practitioners was first published in 2011 by the Stolen Asset Recovery Initiative, a joint initiative of the United Nations Office of Drugs and Crime and the World Bank focused on encouraging and facilitating a more systematic and timely return of stolen...

In 2009, the G-20 in London recommended that accounting standard setters, strengthen accounting recognition of loan-loss provisions by incorporating a broader range of credit information (G20 2009). In response, the International Accounting Standards Board (IASB) issued International Financial...

This case study aims to document the state and evolution of Singapore's startup ecosystem. It also identifies key characteristics that both distinguish the Singapore start-up ecosystem, as well as provide policymakers from other countries with a glimpse of specific measures they can pursue -...

Trade is a well-established driver of growth and poverty reduction.But changes in trade policy also have distributional impacts that create winners and losers. It is vital to understand and clearly communicate how trade affects economic well-being across all segments of the population, as well...

In this report, the authors investigate state-owned enterprise (SOE) listings as a solution to promote local capital markets development. Thus, SOE listings can offer governments an enormous opportunity to kick-start the development of their local capital markets while achieving other divestment...

Outdoor air pollution accounts for an estimated 4.2 million deaths worldwide, the majority of which are caused by exposure to fine particulate matter (or PM2.5) air pollution. Most of these deaths occur in low- and middle-income countries (LMICs). Reducing PM2.5 air pollution is thus crucial for...

The purpose of the paper is to evaluate the validity of purchasing power parity (PPP) for eight countries from the Emerging Europe: Hungary,Czech Republic, Poland, Romania, Lithuania, Latvia, Serbia and Turkey. Monthly data for euro and U.S. dollar based real exchange rate time series are...

We consider tests for sudden changes in the unconditional volatility of conditionally heteroskedastic time series based on cumulative sums of squares. When applied to the original series these tests suffer from severe size distortions, where the correct null hypothesis of no volatility change is...

We consider tests for sudden changes in the unconditional volatility of conditionally heteroskedastic time series based on cumulative sums of squares. When applied to the original series these tests suffer from severe size distortions, where the correct null hypothesis of no volatility change is...