Your email was sent successfully. Check your inbox.

An error occurred while sending the email. Please try again.

Proceed reservation?

Export
Filter
Datasource
Material
Language
  • 1
    Online Resource
    Online Resource
    Washington, D.C. : World Bank Group, South Asia Region, Office of the Chief Economist & Finance, Competitiveness and Innovation Global Practice
    Language: English
    Pages: 1 Online-Ressource (circa 48 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8350
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Melecky, Martin Wider Economic Benefits of Investments in Transport Corridors and the Role of Complementary Policies
    Keywords: Infrastrukturinvestition ; Wirkungsanalyse ; Einkommen ; Privater Konsum ; Erwerbstätigkeit ; Armut ; Gleichberechtigung ; Luftverschmutzung ; Indien ; Graue Literatur
    Abstract: This paper estimates the impact of the Golden Quadrilateral and North-South-East-West Highways in India on welfare, social inclusion, and environmental quality. The analysis uses district-level data for 1994-2011 and the difference-in-difference method. The results suggest that the highways shifted employment from the farm to the nonfarm sector, and that this shift was accompanied by an increase in output per capita. However, there is no evidence of an impact on household expenditure per capita, the poverty rate, or the incidence of regular wage employment. The results suggest that the highways caused an increase in air pollution. The effects of the highways are heterogeneous, depending on conditions in local factor and product markets
    URL: Volltext  (Deutschlandweit zugänglich)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 2
    Language: English
    Pages: Online-Ressource (1 online resource (36 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Melecky, Martin Choosing The Currency Structure For Sovereign Debt
    Keywords: Bank Policy ; Currencies and Exchange Rates ; Currency ; Debt Management ; Debt Markets ; Economic Theory and Research ; Emerging Markets ; Exchange rate ; External Debt ; Finance and Financial Sector Development ; Foreign Exchange ; Foreign Exchange Risk ; Foreign currencies ; International Economics & Trade ; Macroeconomics and Economic Growth ; Monetary policy ; Private Sector Development ; Risk Management ; Sovereign Debt ; Bank Policy ; Currencies and Exchange Rates ; Currency ; Debt Management ; Debt Markets ; Economic Theory and Research ; Emerging Markets ; Exchange rate ; External Debt ; Finance and Financial Sector Development ; Foreign Exchange ; Foreign Exchange Risk ; Foreign currencies ; International Economics & Trade ; Macroeconomics and Economic Growth ; Monetary policy ; Private Sector Development ; Risk Management ; Sovereign Debt ; Bank Policy ; Currencies and Exchange Rates ; Currency ; Debt Management ; Debt Markets ; Economic Theory and Research ; Emerging Markets ; Exchange rate ; External Debt ; Finance and Financial Sector Development ; Foreign Exchange ; Foreign Exchange Risk ; Foreign currencies ; International Economics & Trade ; Macroeconomics and Economic Growth ; Monetary policy ; Private Sector Development ; Risk Management ; Sovereign Debt
    Abstract: This paper acknowledges the fact that some countries have to borrow in foreign currencies due to the various constraints they face. Starting from this point, the author reviews approaches for trying to determine the currency structure for sovereign debt, and discusses some issues inherent in these approaches. The analysis mainly focuses on the correlations of domestic fundamentals with the actual versus equilibrium exchange rate in light of the long-term perspective of a debt manager and changing exchange rate regimes. In addition, the author makes some observations on the characterization of exchange rate volatilities in the existing approaches
    URL: Volltext  (Deutschlandweit zugänglich)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 3
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (42 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Melecky, Martin A cross-country analysis of public debt management strategies
    Keywords: Debt Management Department ; Debt Management Strategies ; Debt Markets ; Debt management strategy ; Debt managers ; Debt obligations ; Debt portfolio ; Debt servicing ; Economic Theory and Research ; External Debt ; Finance and Financial Sector Development ; Government debt ; International Economics & Trade ; Macroeconomics and Economic Growth ; Public Debt ; Public Debt Management ; Public Sector Economics and Finance ; Strategic Debt Management ; Debt Management Department ; Debt Management Strategies ; Debt Markets ; Debt management strategy ; Debt managers ; Debt obligations ; Debt portfolio ; Debt servicing ; Economic Theory and Research ; External Debt ; Finance and Financial Sector Development ; Government debt ; International Economics & Trade ; Macroeconomics and Economic Growth ; Public Debt ; Public Debt Management ; Public Sector Economics and Finance ; Strategic Debt Management ; Debt Management Department ; Debt Management Strategies ; Debt Markets ; Debt management strategy ; Debt managers ; Debt obligations ; Debt portfolio ; Debt servicing ; Economic Theory and Research ; External Debt ; Finance and Financial Sector Development ; Government debt ; International Economics & Trade ; Macroeconomics and Economic Growth ; Public Debt ; Public Debt Management ; Public Sector Economics and Finance ; Strategic Debt Management
    Abstract: This paper analyzes results of a survey on debt management strategies conducted by the Banking and Debt Management Department of the World Bank. The analysis focuses on (1) whether a public debt management strategy exists in a given country, (2) whether it is made public, and (3) in which form it is imparted. The paper analyzes the distribution of the latter characteristics over different regions, income groups, and levels of indebtedness using graphical analysis. Using regression analysis, it investigates the extent to which basic economic factors can explain the characteristics of public debt management strategies across countries
    URL: Volltext  (Deutschlandweit zugänglich)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 4
    Language: English
    Pages: Online-Ressource (1 online resource (33 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Melecky, Martin An Alternative Framework For Foreign Exchange Risk Management of Sovereign Debt
    Keywords: Currencies and Exchange Rates ; Currency ; Debt Management ; Debt Markets ; Economic Theory and Research ; Emerging Markets ; Exchange Rate ; Finance and Financial Sector Development ; Fiscal and Monetary Policy ; Foreign Debt ; Foreign Exchange ; Foreign Exchange Risk ; Inflation ; Interest Rate ; Macroeconomics and Economic Growth ; Private Sector Development ; Public Sector Development ; Risk Management ; Sovereign Debt ; Currencies and Exchange Rates ; Currency ; Debt Management ; Debt Markets ; Economic Theory and Research ; Emerging Markets ; Exchange Rate ; Finance and Financial Sector Development ; Fiscal and Monetary Policy ; Foreign Debt ; Foreign Exchange ; Foreign Exchange Risk ; Inflation ; Interest Rate ; Macroeconomics and Economic Growth ; Private Sector Development ; Public Sector Development ; Risk Management ; Sovereign Debt ; Currencies and Exchange Rates ; Currency ; Debt Management ; Debt Markets ; Economic Theory and Research ; Emerging Markets ; Exchange Rate ; Finance and Financial Sector Development ; Fiscal and Monetary Policy ; Foreign Debt ; Foreign Exchange ; Foreign Exchange Risk ; Inflation ; Interest Rate ; Macroeconomics and Economic Growth ; Private Sector Development ; Public Sector Development ; Risk Management ; Sovereign Debt
    Abstract: This paper proposes a measure of synchronization in the movements of relevant domestic and foreign fundamentals for choosing suitable currency for denomination of foreign debt. The selection of explanatory variables for exchange rate volatility is motivated using a New Keynesian Policy model. The model predicts that not only traditional optimal currency area variables, but also variables considered by the literature on currency preferences, such as money velocity, should be relevant for explaining exchange rate volatility. The findings show that measures of inflation synchronization, money velocity synchronization, and interest rate synchronization can be useful indicators for decisions on the currency denomination of foreign debt
    URL: Volltext  (Deutschlandweit zugänglich)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 5
    Online Resource
    Online Resource
    [Washington, DC, USA] : World Bank Group, South Asia Region, Office of the Chief Economist, Transport Global Practices, Finance, Competitiveness and Innovation Global Practices
    Language: English
    Pages: 1 Online-Ressource (circa 32 Seiten) , Illustrationen
    Series Statement: Policy research working paper 9057
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Alam, Muneeza Wider Economic Benefits of Transport Corridors: Evidence from International Development Organizations
    Keywords: Graue Literatur
    Abstract: This paper collects meta data on transport corridor projects financed by the Asian Development Bank, Japan International Cooperation Agency, and World Bank and links them to one important wider economic benefit-local economic activity. The meta data cover 47 projects in 16 countries, with appraisal dates between 1991 and 2007. First, the paper reviews the variation in project design and implementation-including the local initial conditions, complementary non-transport interventions, and private sector involvement. Second, using the difference-in-differences methodology, the paper links this variation to a measure of local economic activity-the geocoded intensity of nighttime lights. The effect of the supported corridor projects on local economic activity could be very heterogenous and significantly depend on certain initial conditions and project characteristics. The latter could include locations with access to the sea, as well as projects with a strong theory of change and better engagement of the private sector
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 6
    Online Resource
    Online Resource
    [Washington, DC, USA] : World Bank Group, Finance, Competitiveness and Innovation Global Practice
    Language: English
    Pages: 1 Online-Ressource (circa 58 Seiten) , Illustrationen
    Series Statement: Policy research working paper 9069
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Boris Fisera Basel III Implementation and SME Financing: Evidence for Emerging Markets and Developing Economies
    Keywords: Graue Literatur
    Abstract: This paper examines the effect of Basel III implementation on the access to finance of small and medium-size enterprises in 32 emerging markets and developing economies. Analyzing rich, repeated cross-sectional data and a panel of matched firm-bank data in a difference-in-differences setting with sample selection adjustment, the authors find a short-term, moderately negative effect of Basel III on small and medium-size enterprises' access to financing. The results suggest that firms with access to bank credit prior to Basel III implementation could have been affected less than firms that were initially on the fringes of financial inclusion-firms with only a bank account. The paper fails to find any additional heterogeneous effects across firm size or age, bank capitalization or liquidity, or across countries that transitioned to Basel III from Basel II versus Basel 2.5. Overall, the initial conditions of the banking system as well as of complementary business and financial regulation can co-determine the size of short-term costs from the newly implemented global financial regulation in emerging markets and developing economies
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 7
    Language: English
    Pages: 1 Online-Ressource (34 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Melecky, Martin Placing Bank Supervision in the Central Bank: Implications for Financial Stability Based on Evidence from the Global Crisis
    Abstract: Private Sector Development
    URL: Volltext  (Deutschlandweit zugänglich)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 8
    Language: English
    Pages: Online-Ressource (59 p)
    Edition: 2011 World Bank eLibrary
    Parallel Title: Melecky, Martin How do governments respond after catastrophes?
    Abstract: Natural disasters could constitute a major shock to public finances and debt sustainability because of their impact on output and the need for reconstruction and relief expenses. This paper uses a panel vector autoregressive model to systematically estimate the impact of geological, climatic, and other types of natural disasters on government expenditures and revenues using annual data for high and middle-income countries over 1975-2008. The authors find that, on average budget, deficits increase only after climatic disasters, but for lower-middle-income countries, the increase in deficits is widespread across all events. Disasters do not lead to larger deficit increases or larger output declines in countries with higher initial government debt. Countries with higher financial development suffer smaller real consequences from disasters, but deficits expand further in these countries. Disasters in countries with high insurance penetration also have smaller real consequences but do not result in deficit expansions. From an ex-post perspective, the availability of insurance offers the best mitigation approach against real and fiscal consequences of disasters
    URL: Volltext  (Deutschlandweit zugänglich)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 9
    Language: English
    Pages: 1 Online-Ressource (circa 55 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8302
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Roberts, Mark Transport Corridors and Their Wider Economic Benefits: A Critical Review of the Literature
    Keywords: Verkehrsweg ; Infrastrukturinvestition ; Arbeitsnachfrage ; Coping-Strategie ; Gerechtigkeit ; Wirtschaftswachstum ; Meta-Analyse ; Graue Literatur
    Abstract: Transport corridors can generate wider economic benefits and costs through their effects on a potentially diverse set of development outcomes, such as economic growth, poverty, jobs, equity, environmental quality, and economic resilience. To advance understanding of how corridors could generate wider economic benefits, this paper undertakes a quantitative review of the literature that estimates the economic benefits of large transport infrastructure projects. It conducts a meta-analysis of 234 estimated impacts found in 78 studies. It focuses on roads, rails, and waterways because transport corridors based on these modes have clearer potential for economic spillovers than, for example, airline routes. The conceptual structure for the review is guided by a simple canonical model describing the policy maker's problem in maximizing the net wider economic benefits of corridors. The meta-analysis confirms that characteristics of individual studies, as well as the placement and design of the transport infrastructures systematically influence the findings of the corridor studies. It also shows that, on average, estimated impacts of corridor interventions on economic welfare and equity tend to be beneficial, while they are often detrimental for environmental quality, and possibly also for social inclusion. Because, around this average, impacts vary widely, policy makers could use complementary policies and institutions to mitigate potential trade-offs and support losers. To clarify the nature and extent of these trade-offs and varied impacts across locales and population groups, much more research is required
    URL: Volltext  (Deutschlandweit zugänglich)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
  • 10
    Online Resource
    Online Resource
    Washington, D.C. : World Bank Group, South Asia Chief Economist Office & Europe and Central Asia Chief Economist Office
    Language: English
    Pages: 1 Online-Ressource (circa 48 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8315
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Melecky, Martin Financial Sector Strategies and Financial Sector Outcomes: Do the Strategies Perform?
    Keywords: 1985 - 2014 ; Finanzsektor ; Finanzmarktregulierung ; Finanzielle Inklusion ; Systemrisiko ; Welt ; Graue Literatur
    Abstract: Financial sector strategies enable financial policy makers and stakeholders to take a holistic view of the financial development needs in their country and formulate balanced financial policies. They help policy makers consider the systemic risk that different development policies involve and choose an informed way forward. This study constructed a new data set of historical financial sector strategies covering 150 countries over 1985-2014. It assesses the strategies using the rating criteria proposed by Maimbo and Melecky (2014). It further investigates how the quality of the strategies can affect financial sector outcomes, such as financial depth, inclusion, efficiency, and stability. The investigation finds that the use of financial sector strategies helped increase financial sector deepening, inclusion, and stability, and this impact could be greater for higher-quality strategies. However, a significant relationship between the use of strategies and the efficiency of banks is not confirmed. One way how financial sector strategies can improve financial sector outcomes is by improving the regulatory framework for finance
    URL: Volltext  (Deutschlandweit zugänglich)
    Library Location Call Number Volume/Issue/Year Availability
    BibTip Others were also interested in ...
Close ⊗
This website uses cookies and the analysis tool Matomo. More information can be found here...