This paper examines the evolvement, categories, legal basis, operating characteristics, and key concerns of credit guarantee schemes (CGSs) in China. It aims at providing background note on China's CGS as well as useful references for the sustainable development of China's CGS

The paper reviewed the evolution and current situation of the fixed-income securities market in China including both government securities markets and non-government bond markets. Then, the paper analyzes the development issues of fixed-income securities in China and offers recommendations for...

Despite relatively fast economic growth over the past few years, Cape Verde's public debt to GDP ratio has risen rapidly. Achieving an appropriate balance among public investment, growth, and debt sustainability has become a priority for the Cape Verdean authorities. The IMF-World Bank debt...

Despite relatively fast economic growth over the past few years, Cape Verde's public debt to GDP ratio has risen rapidly. Achieving an appropriate balance among public investment, growth, and debt sustainability has become a priority for the Cape Verdean authorities. The IMF-World Bank debt...

The paper first analyzes the current situation of the bond markets in Bangladesh: The bond market has played a limited role in the Bangladesh economy. The Bangladesh bond market is also rather shallow compared to the neighboring countries. Then, the paper analyzes the main impediments to the...

In developing strategies towards covering the government's debt borrowing needs, a government debt manager, in addition to taking decisions on selecting debt instruments, has to develop appropriate mechanisms to sell these instruments to the market. This note intends to address a variety of...

In many developing countries, government cash management is misperceived as synonymous to budget execution, accounting control, or debt management, instead of as a practice that aims to cost-effectively manage government cash positions, including their risks. They often neglect the significant...

Weak government cash management is a common issue in many developing countries. The lack of an adequate government cash management can generate negative impact both on the government and on the overall economy. It has become critical for developing countries with cash management problems to...

This paper analyzes some major developmental issues in the specific areas of the Armenian banking sector (particularly raised by the Armenian authorities) and insurance sector and provides recommendations for addressing those issues. The paper argues that over the past seven years, the Armenian...