Some of the headings included in this issue of the Development Economics Prospects Group (DECPG) global daily economic news are as follows: financial markets; high income economies; and developing economies...
Ratings for the First Programmatic Financial Sector Development Policy Loan (DPL) Program for Montenegro were as follows: outcomes were satisfactory, the risk to development outcome was substantial, the...
Mobile financial services offer significant opportunities for improving the efficiency of financial services by expanding access and lowering transaction costs. The rapid public acceptance of these services...
During a financial crisis, credit provision by international banks may be stymied by three distinct, but related, channels: changes in lending standards as a result of increased economic uncertainty, changes...
Liquidity and solvency have been called the "heavenly twins" of banking (Goodhart, Charles, 'Liquidity Risk Management', Financial Stability Review -- Special Issue on Liquidity, Banque de France, No...
Policies and procedures to resolve bank failures have evolved significantly in Argentina since the introduction of currency convertibility in 1991, and particularly in reaction to the 1995 "tequila" crisis...
There has been little empirical work on the effectiveness of safety nets designed for banks, for lack of data on safety net design across countries. The authors examine cross-country data on bank-level...
Financial markets and financial institutions compete to provide investors with liquidity. The author examines the roles of banks and markets when both are active, characterizing how development of the...
The term "excess liquidity" may refer to the share of liquid assets in bank portfolios (the result of a retrenchment in bank lending, or a "credit crunch") or to money holdings of the nonbank public. Excess...
Rapid structural change and widespread adoption of financial sector reforms in developing countries have placed pressure on traditional instruments of monetary control. It is widely accepted that, if the...
In developing countries, the evolution of financial markets and growing disenchantment with directed credit programs and bank-by-bank credit ceilings have increased the interest in examining and moving...
The recent Thai boom has been accomplished in an economy with considerable openness to external forces. Despite the fiscal correction achieved during 1986-89, the domestic demand expansion has made itself...
The World Bank, formally known as the International Bank for Reconstruction and Development, is an international organization, owned and controlled by governments that constitute its membership/shareholders...
In the fiscal year ending lune 30, 1979, the World Bank entered into new Loan commitments aggregating $7,000 million, and disbursed $3,600 million during the year on ongoing projects. Its outstanding and...
This Bank notes newsletter includes some of the following headings: moving time again, fund buildings to be filled by year's end; letter from Paris; bank calendar; potpourri: people and places; the sudamericano...