Showing 1 - 10 of 248
The most common form of government intervention in the rural sector has been massive lending at subsidized interest rates. Credit programs generally aim to reach small farmers. However, despite the expansion of credit over the last three decades, few farmers in low income countries seem to have...
Persistent link: https://www.econbiz.de/10005079736
Basis risk is the risk attributable to uncertain movements in the spread between yields associated with a particular financial instrument or class of instruments, and a reference interest rate over time. There are seven types of basis risk: Yields on 1) Long-term versus short-term financial...
Persistent link: https://www.econbiz.de/10005116453
The purpose of this study is to set out a practical method for analyzing how inflation, interest ceilings, reserve requirements and like impositions have had tax-like effects and how they can be compared with explicit taxes. Using this method estimates of the varying magnitudes of the total...
Persistent link: https://www.econbiz.de/10005133909
The authors analyze how data in public credit registries can be used both to strengthen bank supervision and to improve the quality of credit analysis by financial institutions. Empirical tests using public credit registry (PCR) data were performed in collaboration with the central banks in...
Persistent link: https://www.econbiz.de/10005115839
Since 1994, the World Bank has provided partial credit guarantees to private financiers of several large infrastructure projects in developing countries. A major objective of the partial guarantee program is to leverage Bank resources so as to provide developing countries with better private...
Persistent link: https://www.econbiz.de/10005133883
The case study on the U.S. Treasury Direct examines the evolution of the electronic distribution systems for marketable and nonmarketable government securities, the main objectives, and the basic legal infrastructure and the preconditions enabling the system. The U.S. experience highlights that...
Persistent link: https://www.econbiz.de/10005116667
Recent debate about the pro-cyclical effects of bank capital requirements, has ignored the important role that bank loan loss provisions play in the overall framework of minimum capital regulation. It is frequently observed that under-provisioning, due to inadequate assessment of expected credit...
Persistent link: https://www.econbiz.de/10005134093
The past two decades have seen an unparalleled rise in new health, safety, and environmental regulation in industrial countries. At the same time, insome countries there has been substantial economic deregulation of several industries (including airlines, railroads, trucking, energy,...
Persistent link: https://www.econbiz.de/10005128959
In the long run, sound, efficient securities markets can contribute to economic growth; in the short run, they play an important role in financial liberalization. The author provides a guide to issues involved in institutional and regulatory reform of securities markets - and a discussion of the...
Persistent link: https://www.econbiz.de/10005079542
The authors developed a framework for analyzing the relationship between domestic financial markets and the effects of trade liberalization and applied it to Sri Lanka's experience between 1977 and 1987. They found that the domestic financial market significantly affects the outcome of trade...
Persistent link: https://www.econbiz.de/10005079548