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  • World Bank  (63)
  • Financial crises  (32)
  • Privatization  (32)
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  • 1
    ISBN: 9780821395479 , 9780821395486
    Language: English
    Pages: Online-Ressource (p. cm)
    Edition: 2012 World Bank eLibrary
    Series Statement: Directions in development
    DDC: 362.7
    Keywords: Business cycles Social aspects ; Child welfare Economic aspects ; Children Social conditions ; Financial crises Social aspects ; Youth Social conditions ; Business cycles Social aspects ; Child welfare Economic aspects ; Children Social conditions ; Financial crises Social aspects ; Youth Social conditions ; Business cycles ; Child welfare ; Children ; Financial crises ; Youth
    Note: Includes bibliographical references
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 2
    ISBN: 9780821389409 , 9780821394601
    Language: English
    Pages: Online-Ressource (p. cm)
    Edition: 2015 World Bank eLibrary
    Series Statement: New frontiers of social policy
    DDC: 339.4/6
    Keywords: Cost and standard of living ; Financial crises Social aspects ; Global Financial Crisis, 2008-2009 Social aspects ; Poor ; Cost and standard of living ; Financial crises Social aspects ; Global Financial Crisis, 2008-2009 Social aspects ; Poor ; Cost and standard of living ; Financial crises ; Global Financial Crisis, 2008-2009 ; Poor ; Social aspects ; Social aspects
    Note: Includes bibliographical references and index
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  • 3
    ISBN: 0821386654 , 9780821386651
    Language: English
    Pages: Online-Ressource (xxx, 112 p) , ill. (some col.) , 28 cm
    Edition: 2015 World Bank eLibrary
    Keywords: World Bank ; World Bank ; Economic development projects ; Economic stabilization ; Financial crises ; Global Financial Crisis, 2008-2009 ; Economic development projects ; Economic stabilization ; Financial crises ; Global Financial Crisis, 2008-2009 ; World Bank ; Economic development projects ; Economic stabilization ; Financial crises ; Global Financial Crisis, 2008-2009 ; Developing countries ; Developing countries
    Note: Includes bibliographical references (p. 110-111)
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  • 4
    ISBN: 9780821384763
    Language: English
    Pages: Online-Ressource (vi, 33 p) , ill , 26 cm
    Edition: 2010 World Bank eLibrary
    DDC: 338/.04
    Keywords: Entrepreneurship ; Financial crises ; New business enterprises ; Entrepreneurship ; Financial crises ; New business enterprises ; Entrepreneurship ; Financial crises ; New business enterprises
    Description / Table of Contents: OverviewMethodology -- Data and statistics -- Entrepreneurship and business environment -- Entrepreneurship and the financial crisis -- Conclusion.
    Note: Includes bibliographical references (p. 30-33)
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  • 5
    ISBN: 9780821385876 , 9780821385982
    Language: English
    Pages: Online-Ressource (p. cm)
    Edition: 2010 World Bank eLibrary
    DDC: 338.9009172/4
    Keywords: Developing countries Economic conditions ; Financial crises History 21st century ; Developing countries Economic conditions ; Financial crises History 21st century ; Developing countries ; Financial crises ; Developing countries ; Developing countries Economic policy ; Developing countries Economic policy
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  • 6
    ISBN: 9780821385135 , 9780821385142
    Language: English
    Pages: Online-Ressource (xxvi, 634 p) , ill , 23 cm
    Edition: 2015 World Bank eLibrary
    DDC: 330.9172/4
    Keywords: Economic development Case studies ; Economic forecasting Case studies ; Financial crises Case studies ; Global Financial Crisis, 2008-2009 ; Economic development Case studies ; Economic forecasting Case studies ; Financial crises Case studies ; Global Financial Crisis, 2008-2009 ; Economic development ; Economic forecasting ; Financial crises ; Global Financial Crisis, 2008-2009 ; Developing countries ; Developing countries ; Developing countries ; Developing countries ; Developing countries Economic conditions 21st century ; Developing countries Economic conditions 21st century
    Note: Includes bibliographical references and index
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  • 7
    Language: English
    Pages: Online-Ressource
    Edition: 2009 World Bank eLibrary Also available in print
    Series Statement: Policy research working paper 4807
    Parallel Title: Demirgüç-Kunt, Aslı Are all the sacred cows dead?
    Keywords: Economic policy ; Financial crises ; Economic policy ; Financial crises
    Abstract: "The recent global financial crisis has shaken the confidence of developed and developing countries alike in the very blueprint of financial and macro policies that underlie the western capitalist systems. In an effort to contain the crisis from spreading, the authorities in the US and many European governments have taken unprecedented steps of providing extensive liquidity, giving assurances to bank depositors and creditors that include blanket guarantees, and structuring bail-out programs that include taking large ownership stakes in financial institutions, in addition to establishing programs for direct provision of credit to non-financial institutions. Emphasizing the importance of incentives and tensions between short term and longer term policy responses to crisis management, this paper draws on a large body of research evidence and country experiences to discuss the implications of the current crisis for financial and macroeconomic policies going forward. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 5/8/2009 , Also available in print.
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  • 8
    Language: English
    Pages: Online-Ressource
    Edition: 2009 World Bank eLibrary Also available in print
    Series Statement: Policy research working paper 4837
    Parallel Title: Demirgüç-Kunt, Aslı Bank activity and funding strategies
    Keywords: Banks and banking ; Financial crises ; Banks and banking ; Financial crises
    Abstract: "This paper examines the implications of bank activity and short-term funding strategies for bank risk and returns using an international sample of 1,334 banks in 101 countries leading up to the 2007 financial crisis. Expansion into non-interest income generating activities such as trading increases the rate of return on assets, and it may offer some risk diversification benefits at very low levels. Non-deposit, wholesale funding, by contrast, lowers the rate of return on assets, although it can offer some risk reduction at commonly observed low levels of non-deposit funding. A sizeable proportion of banks, however, attract most of their short-term funding in the form of non-deposits at a cost of enhanced bank fragility. Overall, banking strategies that rely prominently on generating non-interest income or attracting non-deposit funding are very risky, which is consistent with the demise of the U.S. investment banking sector. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 5/8/2009 , Also available in print.
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  • 9
    ISBN: 0821381652 , 0821381660 , 9780821381656 , 9780821381663
    Language: English
    Pages: Online-Ressource (xvii, 76 p) , ill. (some col.) , 28 cm
    Edition: 2009 World Bank eLibrary
    DDC: 338.9009172/4
    Keywords: Economic development ; Financial crises ; Global Financial Crisis, 2008-2009 ; Economic development ; Financial crises ; Global Financial Crisis, 2008-2009 ; Economic development ; Financial crises ; Global Financial Crisis, 2008-2009 ; Developing countries ; Developing countries ; Developing countries ; Developing countries Economic conditions 21st century ; Developing countries Economic conditions 21st century
    Description / Table of Contents: IntroductionThe crisis -- Questioning the growth strategies -- Openness and financial development -- Resilience -- Concluding thoughts.
    Note: Includes bibliographical references
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  • 10
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: 2009 World Bank eLibrary Also available in print
    Series Statement: Policy research working paper 4811
    Parallel Title: Available in another form Effects of privatization and ownership in transition economies
    Keywords: Privatization ; Privatization
    Abstract: "The paper evaluates the effects of privatization in the post-communist economies and China. In post-communist economies privatization to foreign owners results in a rapid improvement in performance of firms, while performance effects of privatization to domestic owners are less impressive and vary across regions, coinciding with differences in policies and institutional development. In China relatively more estimates suggest that privatization to domestic owners improves the level of performance. Concentrated private ownership has a stronger positive effect on performance than dispersed ownership in the post-communist economies, but foreign joint ventures rather than wholly owned foreign firms have a positive effect in China. Worker or collective ownership does not have a negative effect. In the post-communist economies new firms are equally or more efficient than firms privatized to domestic owners, and foreign start-ups are more efficient than domestic ones. Privatization is not associated with lower employment. When accompanied by complementary reforms, privatization has a positive effect on economic growth. Three factors appear to drive the more positive effect of privatization to foreign than domestic owners. Domestic managers have more limited skills and access to world markets, domestically privatized firms have been more subject to tunneling and in some countries new large shareholders artificially decreased performance. The important policy implication is that privatization per se does not guarantee improved performance, at least not in the short- to medium-run. Type of private ownership, corporate governance, access to know-how and markets, and the legal and institutional system matter for firm performance. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 5/8/2009 , Also available in print.
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  • 11
    ISBN: 9780821374092 , 9780821374108
    Language: English
    Pages: Online-Ressource (xxviii, 351 p) , ill , 23 cm
    Edition: Online-Ausg. World Bank E-Library Archive
    Series Statement: Latin American development forum series
    DDC: 363.6098
    Keywords: Infrastructure (Economics) ; Privatization ; Public utilities Finance ; Public utilities Finance ; Public-private sector cooperation ; Infrastructure (Economics) ; Privatization ; Public utilities Finance ; Public utilities Finance ; Public-private sector cooperation ; Infrastructure (Economics) ; Privatization ; Public utilities ; Public utilities ; Public-private sector cooperation
    Description / Table of Contents: Introduction -- Setting the stage -- Learning from the existing literature -- Filling the gaps with new datasets and methodologies -- The impact on electricity distribution -- The impact on fixed line telecommunications -- The impact on water and sewerage -- An assessment of the electricity distribution performance of private and public utilities -- Determinants of impact: regulatory and contract variables -- Conclusions and moving forward.
    Note: Includes bibliographical references (p. 321-328) and index
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  • 12
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 4770
    Parallel Title: Levy Yeyati, Eduardo Crises, capital controls, and financial integration
    Keywords: Capital movements ; Financial crises ; Capital movements ; Financial crises
    Abstract: "This paper analyzes the effects of capital controls and crises on international financial integration, using data on stocks from emerging economies that trade in domestic and international markets. The cross-market premium (the ratio between the domestic and international market price of cross-listed stocks) provides a valuable measure of how capital controls and crises affect integration. The paper shows that, contrary to the common perception that capital controls can be easily evaded, they do affect the cross-market premium. Controls on capital inflows put downward pressure on domestic markets relative to international ones, generating a negative premium. The opposite happens with controls on capital outflows. This signals the inability of market participants to engage in perfect arbitrage, due to the segmentation of domestic markets from international ones induced by capital controls. Crises affect financial integration by generating more volatility in the cross-market premium and putting more downward pressure on domestic prices. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 3/19/2009 , Also available in print.
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  • 13
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 4756
    Parallel Title: Caprio, Gerard The 2007 meltdown in structured securitization
    Keywords: Asset-backed financing ; Financial crises ; Asset-backed financing ; Financial crises
    Abstract: "The intensity of recent turbulence in financial markets has surprised nearly everyone. This paper searches out the root causes of the crisis, distinguishing them from scapegoating explanations that have been used in policy circles to divert attention from the underlying breakdown of incentives. Incentive conflicts explain how securitization went wrong, why credit ratings proved so inaccurate, and why it is superficial to blame the crisis on mark-to-market accounting, an unexpected loss of liquidity, or trends in globalization and deregulation in financial markets. The analysis finds disturbing implications of the crisis for Basel II and its implementation. The paper argues that the principal source of financial instability lies in contradictory political and bureaucratic incentives that undermine the effectiveness of financial regulation and supervision in every country in the world. The paper concludes by identifying reforms that would improve incentives by increasing transparency and accountability in government and industry alike. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 5/12/2009 , Also available in print.
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  • 14
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 4779
    Parallel Title: Development Research Group Lessons from World Bank research on financial crises
    Keywords: Financial crises ; Financial crises
    Abstract: "The benefits of financial development and globalization have come with continuing fragility in financial sectors. Periodic crises have had real but heterogeneous welfare impacts and not just for poor people; indeed, some of the conditions that foster deep and persistent poverty, such as lack of connectivity to markets, have provided a degree of protection for the poor. Past crises have also had longer-term impacts for some of those affected, most notably through the nutrition and schooling of children in poor families. As in other areas of policy, effective responses to a crisis require sound data and must take account of incentives and behavior. An important lesson from past experience is that the short-term responses to a crisis-macroeconomic stabilization, trade policies, financial sector policies and social protection-cannot ignore longer-term implications for both economic development and vulnerability to future crises. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 3/17/2009 , Also available in print.
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  • 15
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3884
    Parallel Title: Hamilton, Ellen Rental choice and housing policy realignment in transition
    Keywords: Housing policy ; Housing policy ; Privatization ; Privatization ; Housing policy ; Housing policy ; Privatization ; Privatization
    Abstract: "Massive privatizations of housing in Europe and Central Asia transition countries have significantly reduced rental tenure choice, threatening to impede residential mobility. Policymakers are intensifying their search for adequate policy responses aimed at broadening tenure choice for more household categories through effective rental housing alternatives in the social and private sectors. While the social alternative requires substantial and well-balanced subsidies, the private alternative will not grow unless rent, management, and tax reforms are boldly implemented and housing privatization truly completed. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 4/19/2006 , Also available in print.
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  • 16
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3950
    Parallel Title: Auriol, Emmanuelle Infrastructure and public utilities privatization in developing countries
    Keywords: Infrastructure (Economics) ; Privatization ; Public utilities ; Infrastructure (Economics) ; Privatization ; Public utilities
    Abstract: "The paper analyzes governments' tradeoff between fiscal benefits and consumer surplus in privatization reforms of noncompetitive industries in developing countries. Under privatization, the control rights are transferred to private interests so that public subsidies decline. This benefit for tax-payers comes at the cost of price increases for consumers. In developing countries, tight budget constraints imply that privatization may be optimal for low profitability segments. For highly profitable public utilities, the combination of allocative inefficiency and critical budgetary conditions may favor public ownership. Finally, once a market segment gives room for more than one firm, governments prefer to regulate the industry. In the absence of a credible regulatory agency, regulation is achieved through public ownership. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/28/2006 , Also available in print.
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  • 17
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3937
    Parallel Title: Jensen, Olivia The handshake
    Keywords: Privatization ; Sanitation ; Water-supply ; Privatization ; Sanitation ; Water-supply
    Abstract: "This paper uses a new dataset, "WATSAN," of private sector participation (PSP) projects for water and sanitation in developing countries to examine the determinants of the number of projects signed for each country between 1990 and 2004. The new dataset improves on existing sources, in particular in its coverage of projects with local investors, and provides adequate data for cross-country regression analysis. The authors use a negative binomial regression model to investigate the factors influencing the number of PSP projects in a sample of 60 developing countries with 460 PSP projects. The regression results provide support for the hypotheses that PSP is greater in larger markets where the ability to pay is higher and where governments are fiscally constrained. The authors test several indicators of institutional quality and find that these are generally significant in determining the number of projects signed for each country. Measures of the protection of property rights and the quality of the bureaucracy emerge as the most important institutions that encourage PSP. Rule of law and the control of corruption are significant, albeit at a lower level, while the quality of contract law and political stability are not robustly significant. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/30/2006 , Also available in print.
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  • 18
    ISBN: 0821366920 , 0821366939 , 9780821366929
    Language: English
    Pages: Online-Ressource (xix, 105 p) , ill , 24 cm
    Edition: Online-Ausg. World Bank E-Library Archive
    Keywords: Political corruption ; Political corruption ; Privatization Corrupt practices ; Privatization Corrupt practices ; Political corruption ; Political corruption ; Privatization Corrupt practices ; Privatization Corrupt practices ; Political corruption ; Political corruption ; Privatization ; Privatization
    Note: Includes bibliographical references (p. 101-105)
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  • 19
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3470
    Parallel Title: Estache, Antonio Ppi partnerships versus ppi divorces in developing countries (or are we switching from pppi to ppdi?)
    Keywords: Infrastructure (Economics) ; Privatization ; Public-private sector cooperation ; Infrastructure (Economics) ; Privatization ; Public-private sector cooperation
    Abstract: "Thirty years ago, in 1974, Chile launched the first large-scale privatization in a developing country. About 15 years later, Argentina provided a new model of global infrastructure management. Since then a variety of public-private partnerships in infrastructure have been adopted throughout the developing and transition world. These experiences add up to a large and heterogeneous enough sample of experiences from which some fairly robust conclusions on who benefited from the reforms and who did not. Because many of these experiences are also turning sour and the 'privatization' fad of the 1990s seems to be turning into an 'antiprivatization' fad, it seems important to separate facts from emotions. Estache argues that the wide differences in interpretations of the facts can be explained by wide differences in the assessment criteria used by analysts, including the definition of the baseline data chosen to assess the incremental effect of reforms. It is also driven by the sectors, the regions, and probably most important, the actors on which the analysis tends to focus. Once all these factors have been considered, a relatively fair and quantitative assessment of the prospects of the public-private relationship in infrastructure is possible. This paper--a product of the Office of the Vice President, Infrastructure Network--is part of a larger effort in the network to stimulate a debate on the effectiveness of infrastructure reforms"--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 1/3/2005 , Also available in print.
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  • 20
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3632
    Parallel Title: Available in another form Corporate governance and bank performance
    Keywords: Banks and banking ; Corporate governance ; Privatization ; Banks and banking ; Corporate governance ; Privatization
    Abstract: "The authors jointly analyze the static, selection, and dynamic effects of domestic, foreign, and state ownership on bank performance. They argue that it is important to include indicators of all the relevant governance effects in the same model. "Nonrobustness" checks (which purposely exclude some indicators) support this argument. Using data from Argentina in the 1990s, their strongest and most robust results concern state ownership. State-owned banks have poor long-term performance (static effect), those undergoing privatization had particularly poor performance beforehand (selection effect), and these banks dramatically improved following privatization (dynamic effect. However, much of the measured improvement is likely due to placing nonperforming loans into residual entities, leaving "good" privatized banks."--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/19/2005 , Also available in print.
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  • 21
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3681
    Parallel Title: Goldberg, Itzhak Productivity, ownership, and the investment climate
    Keywords: Industrial productivity ; Investments ; Privatization ; Industrial productivity ; Investments ; Privatization
    Abstract: "The authors use data on 27,000 firms from 50 countries, half of which are transition economies, together with the case of Serbia to examine the relationship between productivity, the investment climate, and private ownership of firms. As government capacity to address investment climate constraints is limited, the prioritization of the constraints is critical. Identification of the relative effects of various investment climate constraints and ownership on productivity should serve as a guide for such prioritization. Although ownership has recently received less attention in policy decisions than before, according to the econometric analysis of productivity reported by the authors, private ownership is an equally or more important determinant of productivity than other components of the investment climate. The importance of ownership shows that an unfinished privatization and restructuring agenda might have negative effects on productivity, in parallel to poor investment climate. Another important finding is that countries in which firms complain more about infrastructure tend to have less productive firms. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/12/2005 , Also available in print.
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  • 22
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3733
    Parallel Title: Calderán, César Does openness imply greater exposure ?
    Keywords: Economic development ; Financial crises ; International economic integration ; Economic development ; Financial crises ; International economic integration
    Abstract: "External exposure can be measured by the sensitivity of first and second moments of economic growth to openness and foreign shocks. This paper provides an empirical evaluation of external exposure using panel data methods for a worldwide sample of countries. Controlling for domestic conditions, the paper examines the growth and volatility effects of outcome measures of trade and financial integration, as well as four types of foreign shocks: terms of trade changes, trading partners' growth rates, international real interest rate changes, and net regional capital inflows. The paper analyzes the possibility of nonlinearities by allowing the growth and volatility effects of openness to vary with the general level of economic development and by letting the effects of foreign shocks depend on the degree of trade and financial integration. The findings point toward strong non-monotonic effects of openness and external shocks on growth and volatility. Moreover, all in all, the results contradict the view that international integration increases external vulnerability by hurting growth and increasing volatility or by amplifying the adverse effect of external shocks. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 9/30/2005 , Also available in print.
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  • 23
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3769
    Parallel Title: Fofack, Hippolyte L Nonperforming loans in sub-saharan africa
    Keywords: Banks and banking ; Financial crises ; Loans ; Banks and banking ; Financial crises ; Loans
    Abstract: "This paper investigates the leading causes of nonperforming loans during the economic and banking crises that affected a large number of countries in Sub-Saharan Africa in the 1990s. Empirical analysis shows a dramatic increase in these loans and extremely high credit risk, with significant differences between the CFA and non-CFA countries, and substantially higher financial costs for the latter sub-panel of countries. The results also highlight a strong causality between these loans and economic growth, real exchange rate appreciation, the real interest rate, net interest margins, and interbank loans consistent with the causality and econometric analysis, which reveal the significance of macroeconomic and microeconomic factors. The dramatic increase in these loans is largely driven by macroeconomic volatility and reflects the vulnerability of undiversified African economies, which remain heavily exposed to external shocks. Simulated results show that macroeconomic stability and economic growth are associated with a declining level of nonperforming loans; whereas adverse macroeconomic shocks coupled with higher cost of capital and lower interest margins are associated with a rising scope of nonperforming loans. These results are supported by long-term estimates of nonperforming loans derived from pseudo panel-based prediction models. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 11/18/2005 , Also available in print.
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  • 24
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3512
    Parallel Title: Herrera, Santiago Policy mix, public debt management, and fiscal rules
    Keywords: Debts, Public ; Financial crises ; Fiscal policy ; Debts, Public ; Financial crises ; Fiscal policy
    Abstract: "Despite significant progress in economic reform throughout the 1990s and an exemplary development of the policymaking framework in the second part of the decade, Brazil suffered a major public debt and currency crisis in 2002. Though the political origin of the uncertainty cannot be ignored, Herrera identifies other sources of uncertainty emanating from the policymaking framework: fiscal policy was not responsive to the shocks, public debt instruments were used with several objectives (to stabilize the currency and to lengthen maturity) and there was inadequate supervision of agents holding public debt. Most of the flaws have been fixed following the crisis: * The primary fiscal balance has been increased, sending the signal that it is a flexible instrument that will be used to ensure commitment of the sovereign to honor its obligations. * The central bank formally transferred to the Treasury the remaining debt-issuance functions, facilitating a more adequate balancing of different risks involved in debt management. * Mutual funds' public debt holdings are better regulated, ensuring that end-investors have the proper information to assess the risk of the institutions in which they invest. This paper--a product of the Economic Policy Division, Poverty Reduction and Economic Management Network--is part of a larger effort in the network to disseminate country experiences in the design of policymaking frameworks that facilitate adjustment of the economy to external shocks"--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 2/9/2005 , Also available in print.
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  • 25
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3578
    Parallel Title: Yang, Dean International migration, human capital, and entrepreneurship
    Keywords: Emigrant remittances ; Financial crises ; Foreign exchange rates ; Households Economic aspects ; Human capital ; Emigrant remittances ; Financial crises ; Foreign exchange rates ; Households Economic aspects ; Human capital
    Abstract: "Millions of households in developing countries receive financial support from family members working overseas. How do the economic prospects of overseas migrants affect origin-household investments-in particular, in child human capital and household enterprises? Yang examines Philippine households' responses to overseas members' economic shocks. Overseas Filipinos work in dozens of foreign countries which experienced sudden (and heterogeneous) changes in exchange rates due to the 1997 Asian financial crisis. Appreciation of a migrant's currency against the Philippine peso leads to increases in household remittances received from overseas. The estimated elasticity of Philippine peso remittances with respect to the Philippine/foreign exchange rate is 0.60. In addition, these positive income shocks lead to enhanced human capital accumulation and entrepreneurship in origin households. Favorable migrant shocks lead to greater child schooling, reduced child labor, and increased educational expenditure in origin households. More favorable exchange rate shocks also raise hours worked in self-employment and lead to greater entry into relatively capital-intensive enterprises by migrants' origin households. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 5/18/2005 , Also available in print.
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  • 26
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3648
    Parallel Title: Shankar, Rashmi Insurance and liquidity
    Keywords: Balance of payments ; Banks and banking, Central ; Financial crises ; Liquidity (Economics) ; Balance of payments ; Banks and banking, Central ; Financial crises ; Liquidity (Economics)
    Abstract: "The author presents evidence that balance sheet effects are critical determinants of both the likelihood of a crisis and of income losses following a crisis. She tests the validity of "insurance" and "liquidity" models of currency crisis. Both models predict that the occurrence of a balance of payments crisis is conditional on the health of the nation's accounts in relation to the rest of the world. Problems in the balance sheet either cause a financial crisis that develops into a run on the central bank, or generate a run on the central bank once contingent liabilities exceed reserves and the yield differential moves against domestic assets. Estimations of crisis likelihoods based on several specifications of single and simultaneous equation probit models confirm that output losses following the crisis are persistent and conditional on the balance sheet indicator, that is, the ratio of the stock of gross external liabilities to assets. Measures of contingent liabilities, capital flight, and financial depth perform well as crisis predictors, and the marginal effects on the probability of a crisis are of the expected sign. The panel data set covers the time period 1973 through 2003 for 90 countries. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/22/2005 , Also available in print.
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  • 27
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3689
    Parallel Title: Noumba Um, Paul Private participation in infrastructure projects in the Republic of Korea
    Keywords: Capital investments ; Financial crises ; Infrastructure (Economics) ; Privatization ; Capital investments ; Financial crises ; Infrastructure (Economics) ; Privatization
    Abstract: "In the aftermath of the 1997 East Asian financial crisis, the government of the Republic of Korea published a Private Participation in Infrastructure (PPI) Act to remove the main impediments to private investment in infrastructure sectors. The implementation of the Act was followed by a steady increase in the number of PPI projects, thus spurring the modernization of the main infrastructure facilities in transport, water, electricity, and telecommunications. Despite this progress, the Korean PPI market still faces critical challenges that are probably related to its nascent stage of development. The market is dominated by five construction and engineering firms, but lacks world-class project developers. At the same time, the procurement of PPI projects takes on average four years, and competition in tenders is limited. The number of unsolicited proposals is abnormally high, whereas the number of solicited proposals remains flat. The participation of foreign firms is very limited despite the size of the market and the number of projects awarded. Although local financing is available, the maturity of financing instruments does not exceed five years for most corporate papers, and 10 years for government bonds. This paper reviews the procurement of PPI projects in Korea and benchmarks it to international best practices before proposing options for its improvement. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/25/2005 , Also available in print.
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  • 28
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3727
    Parallel Title: Kariuki, Mukami Small-scale private service providers of water supply and electricity
    Keywords: Water-supply ; Electric power ; Privatization ; Electric power ; Privatization ; Water supply
    Abstract: "This paper summarizes the key findings and conclusions of a literature review of small-scale private service providers (SPSPs) of water supply and electricity conducted over a six-month period in 2003. It draws on more than 400 documents-including journals, articles, reports, case studies and project reports-which have been disaggregated and referenced in a publicly available database. SPSPs appear most prevalent in countries with low coverage levels, ineffective public utilities that provide inadequate or partial services, and remote, difficult-to-access regions. SPSPs are especially prevalent in post-conflict countries and others with weak or failed states. Of the countries for which evidence of SPSPs was available, at least half fall into this category. SPSP provision of networked services appears to be significantly higher for electricity than for water supply. Most SPSPs identified through the literature are single-purpose entities established for the express purpose of delivering water supply or electricity. SPSPs take a variety of organizational forms, both for-profit and non-profit. As such, they are established for a variety of reasons, including: to meet consumer demand, respond to crises, or as part of larger business ventures. The technology used may extend upstream from distribution services to the means for producing or generating water supply or electricity, so capital needs vary accordingly. The majority of SPSPs have fewer than 50 employees and usually fewer than 10. A lack of affordable financing is a constraint for most SPSPs, which fund investments mainly through their own earnings and savings, loans from friends and family, and money borrowed from formal and informal lenders. "--World Bank web site
    Abstract: "This paper summarizes the key findings and conclusions of a literature review of small-scale private service providers (SPSPs) of water supply and electricity conducted over a six-month period in 2003. It draws on more than 400 documents-including journals, articles, reports, case studies and project reports-which have been disaggregated and referenced in a publicly available database. SPSPs appear most prevalent in countries with low coverage levels, ineffective public utilities that provide inadequate or partial services, and remote, difficult-to-access regions. SPSPs are especially prevalent in post-conflict countries and others with weak or failed states. Of the countries for which evidence of SPSPs was available, at least half fall into this category. SPSP provision of networked services appears to be significantly higher for electricity than for water supply. Most SPSPs identified through the literature are single-purpose entities established for the express purpose of delivering water supply or electricity. SPSPs take a variety of organizational forms, both for-profit and non-profit. As such, they are established for a variety of reasons, including: to meet consumer demand, respond to crises, or as part of larger business ventures. The technology used may extend upstream from distribution services to the means for producing or generating water supply or electricity, so capital needs vary accordingly. The majority of SPSPs have fewer than 50 employees and usually fewer than 10. A lack of affordable financing is a constraint for most SPSPs, which fund investments mainly through their own earnings and savings, loans from friends and family, and money borrowed from formal and informal lenders. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 9/23/2005 , Also available in print.
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  • 29
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3666
    Parallel Title: Nakane, Márcio Issao Bank privatization and productivity
    Keywords: Banks and banking ; Industrial productivity ; Privatization ; Banks and banking ; Industrial productivity ; Privatization
    Abstract: "Over the past decade, the Brazilian banking industry has undergone major and deep transformations with several privatizations of state-owned banks, mergers and acquisitions, closing down of troubled banks, entry by foreign banks, and so on. The purpose of this paper is to evaluate the impacts of these changes in banking on total factor productivity. The authors first obtain measures of bank level productivity by employing the techniques due to Levinsohn and Petrin (2003). They then relate such measures to a set of bank characteristics. Their main results indicate that state-owned banks are less productive than their private peers, and that privatization has increased productivity. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/19/2005 , Also available in print.
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  • 30
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3716
    Parallel Title: Love, Inessa Trade credit and bank credit
    Keywords: Bank loans ; Credit ; Financial crises ; Bank loans ; Credit ; Financial crises
    Abstract: "The authors study the effect of financial crises on trade credit in a sample of 890 firms in six emerging economies. They find that although provision of trade credit increases right after the crisis, it consequently collapses in the following months and years. The authors observe that firms with weaker financial position (for example, high pre-crisis level of short-term debt and low cash stocks and cash flows) are more likely to reduce trade credit provided to their customers. This suggests that the decline in aggregate credit provision is driven by the reduction in the supply of trade credit, which follows the bank credit crunch. The results are consistent with the "redistribution view" of trade credit provision, in which bank credit is redistributed by way of trade credit by the firms with stronger financial position to the firms with weaker financial stand "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 9/14/2005 , Also available in print.
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  • 31
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3651
    Parallel Title: Lee, Keun Visible success and invisible failure in post-crisis reform in the Republic of Korea
    Keywords: Financial crises ; Financial crises ; Korea (South) Economic conditions 1960-1988 ; Korea (South) Economic conditions 1988- ; Korea (South) Economic policy 1960-1988 ; Korea (South) Economic policy 1988- ; Korea (South) Economic conditions 1960-1988 ; Korea (South) Economic conditions 1988- ; Korea (South) Economic policy 1960-1988 ; Korea (South) Economic policy 1988-
    Abstract: "The reform package in post-crisis Korea was one of the most comprehensively designed and decisively implemented. Though impressed by the quick recovery, many are now raising doubts about real changes in the economy, as the result of a cost-benefits analysis: While the business climate is more stable and supportive, the economy is suffering from weak investment and rising unemployment. This study views the Korean story as one of "visible success and invisible failure," based on the following findings: First, while some new laws were enacted and several quantifiable targets met, little real progress was made in changing institutional conventions, habits, and beliefs, such as enhancing transparency in management or trust in labor relations. Second, the reform process involved tension between global standards and local specificity, which accounts for the mixed results. Third, special interest politics at the implementation stage, plus the complexities caused by increasing democratization and globalization, have undermined the authorities' implementation capacity, which accounts for uneven outcomes of the reform. While globalization necessitates increasing flexibility, Korean managers are now facing much stronger labor unions. The outcome is not a fully flexible but segmented labor market, divided between the core, unionized workers and unorganized peripheral workers, and between the one overprotected and the other underprotected. Fourth, it is important to have an effective system of legislative bargaining to help resolve disputes. Only with this institutional vehicle will special interest groups reach some consensus. Korea tried to overhaul its financial system and achieve substantial financial liberalization in the early 1990s but those attempts were partly aborted and partly distorted, which paved the way for the financial crisis in 1997. This was due to the lack of clear consensus, without which reforms are more likely to be aborted or be unsuccessful. Fifth, implementation problems stem from institutional complementarities and inappropriate sequencing. One logical sequence might be banking reform, corporate governance, labor relations, and then finally business restructuring. Now, an emerging question is whether the reform blueprint was right. Post-crisis Korea just tried to be more market- or Anglo-Saxon model-oriented without paying attention to growth potential. While firms have now lowered their debt ratios, they are not borrowing to fund investments. The issue of right or wrong blueprint underscores the need to define the reform goal correctly. The goals of reform should not just be a move toward a market-oriented economy but toward a growth-oriented one or a pro-growth market-oriented one. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/23/2005 , Also available in print.
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  • 32
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3659
    Parallel Title: Honohan, Patrick Banking sector crises and inequality
    Keywords: Financial crises ; Income distribution ; Poor ; Financial crises ; Income distribution ; Poor
    Abstract: "An apparent temporary narrowing of income inequality has been observed during several recent banking crises. But it would be a mistake to conclude that such crises don't matter for the poor. For one thing, the correlation is not strong, and the opposite pattern has also been present. Besides, the poor are much less able to absorb a cut in income: safety-net policies are crucial during a downturn even if the gap between rich and poor has temporarily narrowed. More fundamentally, distributional shifts during the crisis may be less important than the fact that underlying financial policy and infrastructures conducive to crisis can also be associated with more unequal societies."--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/19/2005 , Also available in print.
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  • 33
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3660
    Parallel Title: Feijen, Erik Do incumbents manipulate access to finance during banking crises?
    Keywords: Banks and banking ; Finance ; Financial crises ; Political corruption ; Banks and banking ; Finance ; Financial crises ; Political corruption
    Abstract: "The author tests the hypothesis that during systemic banking crises, access to finance is opportunistically tightened by incumbents to eliminate or weaken competition from mainly young firms. He finds this to be especially true in more corrupt countries. To do so, he uses a methodology similar to Rajan and Zingales (1998) on three-digit manufacturing industry-level data provided by the United Nations Statistics Division for about 15 industrial and developing countries in over 20 industries on average. The author shows that price-cost margins in externally more financially dependent industries are higher during crisis than in externally less dependent industries in countries with higher levels of corruption. He finds the opposite relationship for the change in the industry-level number of establishments during a crisis. The results withstand an array of robustness checks, including using different indices of corruption, different controls, and robust estimation techniques. "--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/19/2005 , Also available in print.
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  • 34
    Online Resource
    Online Resource
    Washington, D.C : World Bank and International Monetary Fund
    ISBN: 0821364324 , 9780821364321
    Language: English
    Pages: Online-Ressource (xxiii, 459 p) , ill , 28 cm
    Edition: Online-Ausg. World Bank E-Library Archive
    DDC: 354.8
    Keywords: Banks and banking State supervision ; Financial crises ; Financial services industry State supervision ; Insurance State supervision ; Risk assessment ; Securities industry State supervision ; Banks and banking State supervision ; Financial crises ; Financial services industry State supervision ; Insurance State supervision ; Risk assessment ; Securities industry State supervision ; Banks and banking ; Financial crises ; State supervision ; Financial services industry ; Insurance ; Risk assessment ; State supervision ; State supervision ; Securities industry
    Note: "September 2005 , Includes bibliographical references
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  • 35
    Online Resource
    Online Resource
    Washington, D.C : World Bank
    ISBN: 0821359282 , 9788213592826
    Language: English
    Pages: Online-Ressource (xlix, 382 p) , ill , 24 cm
    Edition: Online-Ausg. World Bank E-Library Archive
    DDC: 658.1/6
    Keywords: Bankruptcy Congresses ; Consolidation and merger of corporations Congresses ; Corporate reorganizations Congresses ; Financial crises Congresses ; International finance Congresses ; Bankruptcy Congresses ; Consolidation and merger of corporations Congresses ; Corporate reorganizations Congresses ; Financial crises Congresses ; International finance Congresses ; Bankruptcy ; Consolidation and merger of corporations ; Corporate reorganizations ; Financial crises ; International finance ; Electronic books Conference proceedings ; Konferenzschrift ; Konferenzschrift
    Note: Includes bibliographical references , Presentations from a conference, "Corporate Restructuring--International Best Practices," hosted in March 2004 by the World Bank Group and held in Washington, D.C
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 36
    Online Resource
    Online Resource
    Washington, D.C : World Bank
    ISBN: 0821360434
    Language: English
    Pages: Online-Ressource (xvi, 364 p) , col. ill , 27 cm
    Edition: Online-Ausg. World Bank E-Library Archive
    DDC: 338.9/009172/4
    Keywords: Economic stabilization ; Privatization ; Economic stabilization ; Privatization ; Economic stabilization ; Privatization ; Developing countries ; Developing countries ; Developing countries Economic policy ; Developing countries Politics and government ; Developing countries Economic policy ; Developing countries Politics and government
    Note: Includes bibliographical references (p. 331-356) and index , This report was prepared by a team led by Roberto Zagha, under the general direction of Gobind Nankani
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  • 37
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3364
    Parallel Title: Caprio, Gerard Can the unsophisticated market provide discipline?
    Keywords: Banks and banking ; Privatization ; Banks and banking ; Privatization
    Abstract: "Caprio and Honohan question the widespread belief that market discipline on banks cannot be effective in less developed financial environments. There is no systematic tendency for low-income countries to lack the prerequisites for market discipline. Offsetting factors to the weaker market and formal information infrastructures are (1) the less complex character of banking business in low-income countries; (2) the growing internationalization of these markets through the presence of foreign banks, and through international trading of the debt and equity of locally-controlled nongovernment banks; and (3) the smaller size of the business and financial community. However, continuing dominance by public sector banks in some countries limits the likely development of market monitoring, which is clearly a cause for concern, given the disappointing record of governments around the world as monitors of their self-owned banks. Countries should build on this potential for market discipline by limiting the role of explicit deposit guarantees, reducing state ownership of banks where it is prevalent, and not putting all their eggs in the supervisory basket. Greater disclosure, for example, of how risk taking is rewarded and how rating agencies earn their fees would support the development of better market monitoring. Enhancing market discipline (pillar three) is much more likely to be of use in most developing countries than addressing the refinements of the risk-weighting system of Basel II's first pillar. This paper - a joint product of the Financial Sector Operations and Policy Department and the Finance Team, Development Research Group - is part of a larger effort in the Bank to provide research on what works to strengthen countries' financial systems"--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/6/2004 , Also available in print.
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  • 38
    Online Resource
    Online Resource
    Washington, DC : Oxford University Press
    ISBN: 0821350706
    Language: English
    Pages: Online-Ressource (xv, 306 p) , ill , 24 cm
    Edition: Online-Ausg. World Bank E-Library Archive
    Series Statement: A World Bank policy research report
    DDC: 363.6
    Keywords: Infrastructure (Economics) ; Privatization ; Public utilities ; Public utilities Government policy ; Infrastructure (Economics) ; Privatization ; Public utilities ; Public utilities Government policy ; Infrastructure (Economics) ; Privatization ; Public utilities ; Public utilities
    Note: Includes bibliographical references (p. 279-306)
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  • 39
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3352
    Parallel Title: Hoff, Karla Ruth The transition from communism
    Keywords: Privatization ; Rule of law ; Privatization ; Rule of law
    Note: Includes bibliographical references , Title from PDF file as viewed on 7/2/2004 , Also available in print.
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  • 40
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3439
    Parallel Title: Keefer, Philip Elections, special interests, and the fiscal costs of financial crisis
    Keywords: Elections ; Financial crises ; Fiscal policy ; Elections ; Financial crises ; Fiscal policy
    Abstract: "Keefer proposes a new approach to explain why the costs of crisis are greater in some countries than in others. He begins with the premise that many crises result from the willingness of politicians to cater to special interests at the expense of broad social interests. A parsimonious model predicts that the less costly it is for average citizens to expel politicians, the more veto players there are; the less important are exogenous shocks, and the more difficult it is for politicians and special interests to forge credible agreements, the lower the costs of crisis are. Though these predictions differ from those in the literature, empirical evidence presented shows that they explain the fiscal costs of financial crisis, even after controlling for the financial sector policies believed to contribute most to the efficient prevention and resolution of financial crisis. This paper--a product of the Growth and Investment Team, Development Research Group--is part of a larger effort in the group to understand the political economy of good policy"--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 10/22/2004 , Also available in print.
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  • 41
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3185
    Parallel Title: Foster, Vivien Does infrastructure reform work for the poor?
    Keywords: Infrastructure (Economics) Government policy ; Poor ; Privatization ; Infrastructure (Economics) Government policy ; Poor ; Privatization
    Note: "January 7, 2004 , Includes bibliographical references , Title from title screen as viewed on January 7, 2004 , Also available in print.
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  • 42
    Online Resource
    Online Resource
    [Washington, D.C] : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3371
    Parallel Title: Soto, Raimundo On the measurement of market-oriented reforms
    Keywords: Free trade ; Privatization ; Free trade ; Privatization
    Abstract: "Loayza and Soto present policy and outcome-based ways of measuring the progress of market-oriented reforms in both traditional areas of first-generation reform and the areas of institutional reform that have been emphasized lately. These policy areas are the domestic financial system, international financial markets, international trade, the labor market, the tax system, public infrastructure and public firms, the legal and regulatory framework, and governance. For each of them, the authors first discuss the general principles underlying market-oriented reform. Second, they present various indicators of the policy stance in the area in question. And third, they present various outcome indicators of the policy stance. This paper is a product of Investment Climate Team, Development Research Group is part of a larger effort in the group to understand the process of economic reform"--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 8/6/2004 , Also available in print.
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  • 43
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3390
    Parallel Title: Herzberg, Benjamin Investment climate reform--going the last mile
    Keywords: Privatization ; Privatization
    Abstract: "Herzberg examines the Bulldozer Initiative in Bosnia and Herzegovina, an innovative reform methodology that successfully overcame the lack of political will and capacity at the government level through a bottom-up approach. Using an innovative grassroots and public awareness methodology, the initiative mobilized the local business community to bulldoze barriers by identifying concrete legislative changes and advocating for their adoption and implementation. By delivering fast results--50 reforms in 150 days--the initiative won the confidence of entrepreneurs and empowered them to institutionalize permanent grassroots reform committees. The force of this lobby group created political will by putting public pressure on the politicians to do their part to enact the reforms. Most important, it carried investment climate reform the last mile by delivering concrete, quantifiable results in all sectors of the economy. Over time, the initiative is establishing a dynamic of reform and public-private partnership that will facilitate the tackling of more complicated structural reforms. Complementing the systemic approach and framework reform efforts of governments and international agencies, competitiveness partnerships mobilize the local business community to catalog concrete problems across the full spectrum of investment climate concerns, pinpoint solutions, campaign for their adoption, and follow up on reform implementation. The author attempts to determine the applicability of competitiveness partnerships to different settings by modeling the interactions between several key success factors, thus providing a pertinent tool for development professionals, government officials, and private sector advocates who wish to establish a renewed implementation dynamic through this kind of results-oriented reform process. This paper--a product of the Investment Climate Unit--is part of a larger effort in the unit to communicate best practices in investment climate reform"--World Bank web site
    Note: Includes bibliographical references , Title from PDF file as viewed on 9/8/2004 , Also available in print.
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  • 44
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3192
    Parallel Title: Calderán, César Greenfield foreign direct investment and mergers and acquisitions
    Keywords: Consolidation and merger of corporations ; Globalization ; Investments, Foreign ; Privatization ; Consolidation and merger of corporations ; Globalization ; Investments, Foreign ; Privatization
    Note: "January 16, 2004 , Includes bibliographical references , Title from title screen as viewed on January 16, 2004 , Also available in print.
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  • 45
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3146
    Parallel Title: Horen, Neeltje van The price of inconvertible deposits
    Keywords: Financial crises ; Stock exchanges ; Financial crises ; Stock exchanges
    Note: "September 26, 2003 , Includes bibliographical references , Title from title screen as viewed on September 29, 2003 , Also available in print.
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  • 46
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3010
    Parallel Title: Murrugarra, Edmundo Vulnerability in consumption, education, and health
    Keywords: Consumption (Economics) ; Education ; Financial crises ; Medical care ; Consumption (Economics) ; Education ; Financial crises ; Medical care
    Note: "March 27, 2003 , Includes bibliographical references , Title from title screen as viewed on March 27, 2003 , Also available in print.
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  • 47
    Online Resource
    Online Resource
    Washington, D.C : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3041
    Parallel Title: Beck, Thorsten Bank concentration and crises
    Keywords: Bank mergers ; Financial crises ; Bank mergers ; Financial crises
    Note: "April 29, 2003 , Includes bibliographical references , Title from title screen as viewed on April 30, 2003 , Also available in print.
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 48
    Online Resource
    Online Resource
    Washington, D.C : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3114
    Parallel Title: Majnoni, Giovanni The dynamics of foreign bank ownership
    Keywords: Banks and banking ; Investments, Foreign ; Privatization ; Banks and banking ; Investments, Foreign ; Privatization
    Note: "August 6, 2003 , Includes bibliographical references , Title from title screen as viewed on August 6, 2003 , Also available in print.
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 49
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3129
    Parallel Title: Guasch, J. Luis Price caps, efficiency payoffs and infrastructure contract renegotiation in Latin America
    Keywords: Municipal services ; Privatization ; Municipal services ; Privatization
    Note: "August 25, 2003 , Includes bibliographical references , Title from title screen as viewed on August 27, 2003 , Also available in print.
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 50
    Online Resource
    Online Resource
    Washington, D.C : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3158
    Parallel Title: Cline, William R Restoring economic growth in Argentina
    Keywords: Financial crises ; Financial crises ; Argentina Economic policy ; Argentina Economic policy
    Note: "October 9, 2003 , Includes bibliographical references , Title from title screen as viewed on October 10, 2003 , Also available in print.
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 51
    Online Resource
    Online Resource
    Washington, D.C : World Bank
    Language: English
    Pages: Online-Ressource
    Edition: Online-Ausg. World Bank E-Library Archive Also available in print
    Series Statement: Policy research working paper 3173
    Parallel Title: Halac, Marina Distributional effects of crises
    Keywords: Financial crises ; Income distribution ; Transfer payments ; Financial crises ; Income distribution ; Transfer payments
    Note: "November 20, 2003 , Includes bibliographical references , Title from title screen as viewed on November 24, 2003 , Also available in print.
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 52
    Online Resource
    Online Resource
    Washington, D.C : World Bank
    ISBN: 0821350560
    Language: English
    Pages: Online-Ressource (vii, 49 p) , ill , 28 cm
    Edition: Online-Ausg. World Bank E-Library Archive
    Series Statement: World Bank discussion paper no.428
    DDC: 338.5/43
    Keywords: Banks and banking ; Banks and banking ; Financial crises ; Banks and banking ; Banks and banking ; Financial crises
    Note: Includes bibliographical references (p. 49)
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 53
    Online Resource
    Online Resource
    Washington, D.C : World Bank
    ISBN: 0821345885
    Language: English
    Pages: Online-Ressource (xii, 289 p) , ill , 24 cm
    Edition: Online-Ausg. World Bank E-Library Archive
    Series Statement: World Bank regional and sectoral studies
    DDC: 380.1/41/096
    Keywords: Primary commodities Case studies Government policy ; Primary commodities Case studies Government policy ; Privatization Case studies ; Privatization Case studies ; Produce trade Case studies Government ownership ; Produce trade Case studies Government ownership ; Primary commodities Case studies Government policy ; Primary commodities Case studies Government policy ; Privatization Case studies ; Privatization Case studies ; Produce trade Case studies Government ownership ; Produce trade Case studies Government ownership ; Primary commodities ; Primary commodities ; Privatization ; Privatization ; Produce trade ; Produce trade ; Africa ; Developing countries ; Africa Economic policy ; Developing countries Economic policy ; Africa Economic policy ; Developing countries Economic policy
    Note: Includes bibliographical references and index
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 54
    Online Resource
    Online Resource
    Washington, D.C : Public-Private Infrastructure Advisory Facility and the World Bank
    ISBN: 0821349562
    Language: English
    Pages: Online-Ressource (vii, 109 p) , ill , 28 cm
    Edition: Online-Ausg. World Bank E-Library Archive
    Series Statement: A country framework report
    DDC: 363/.096761
    Keywords: Infrastructure (Economics) ; Privatization ; Infrastructure (Economics) ; Privatization ; Infrastructure (Economics) ; Privatization
    Note: Includes bibliographical references (p. 109)
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 55
    ISBN: 0821346342
    Language: English
    Pages: Online-Ressource (xvii, 241 p) , ill , 28 cm
    Edition: Online-Ausg. World Bank E-Library Archive
    DDC: 338.095
    Keywords: Financial crises Congresses ; Industrial management Congresses ; Financial crises Congresses ; Industrial management Congresses ; Financial crises ; Industrial management ; Southeast Asia ; Southeast Asia Congresses Economic conditions ; Southeast Asia Congresses Economic conditions
    Note: Conference papers
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 56
    Online Resource
    Online Resource
    Washington, D.C : Public-Private Infrastructure Advisory Facility
    ISBN: 0821348736
    Language: English
    Pages: Online-Ressource (vi, 69 p) , ill , 28 cm
    Edition: Online-Ausg.] World Bank E-Library Archive
    Series Statement: Country framework report
    DDC: 338.9599/05
    Keywords: Infrastructure (Economics) ; Privatization
    Note: Includes bibliographical references (p. 69)
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 57
    Online Resource
    Online Resource
    Washington, D.C : World Bank Group
    ISBN: 0821344846
    Language: English
    Pages: Online-Ressource (71 p) , ill , 29 cm
    Edition: Online-Ausg. World Bank E-Library Archive
    DDC: 333.91
    Keywords: Privatization ; Water-supply Economic aspects ; Water-supply Government policy ; Privatization ; Water-supply Economic aspects ; Water-supply Government policy
    Note: Cover title , Includes bibliographical references
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 58
    Online Resource
    Online Resource
    Washington, D.C : World Bank
    ISBN: 0821341650
    Language: English
    Pages: Online-Ressource (x, 132 p) , ill , 28 cm
    Edition: Online-Ausg. World Bank E-Library Archive
    Series Statement: World Bank technical paper no.399
    DDC: 363
    Keywords: Concessions ; Infrastructure(Economics) ; Privatization ; Concessions ; Infrastructure(Economics) ; Privatization
    Note: Includes bibliographical references (p. 129-132)
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 59
    Online Resource
    Online Resource
    Washington, DC : World Bank, Economic Development Institute, Regulatory Reform and Private Enterprise Division and Private Participation in Infrastructure Group
    Language: English
    Pages: Online-Ressource (29 p) , 28 cm
    Edition: Online-Ausg. World Bank E-Library Archive
    Series Statement: Policy research working paper 1868
    Parallel Title: Dailami, Mansoor Government support to private infrastructure projects in emerging markets
    Keywords: Infrastructure (Economics) ; Privatization ; Infrastructure (Economics) ; Privatization
    Note: "January 1998"--Cover , Includes bibliographical references (p. 21-22)
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 60
    Online Resource
    Online Resource
    Washington, D.C : World Bank
    ISBN: 0821340115
    Language: English
    Pages: Online-Ressource (xx, 89 p) , ill , 28 cm
    Edition: Online-Ausg. World Bank E-Library Archive
    Series Statement: A World Bank country study
    DDC: 352.2/66/0951
    Keywords: Corporations, Government ; Government business enterprises ; Government ownership ; Industrial policy China.- ; Privatization ; Corporations, Government ; Government business enterprises ; Government ownership ; Industrial policy China.- ; Privatization
    Note: Includes bibliographical references (p. 87-89)
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 61
    Online Resource
    Online Resource
    Washington, D.C : World Bank
    ISBN: 0821332392
    Language: English
    Pages: Online-Ressource (xiv, 198 p) , ill., col. maps , 28 cm
    Edition: Online-Ausg. World Bank E-Library Archive
    Series Statement: A World Bank country study
    DDC: 338.1/0947/92
    Keywords: Agriculture Economic aspects ; Agriculture Economic aspects ; Statistics ; Agriculture and state ; Land reform ; Privatization ; Agriculture Economic aspects ; Agriculture Economic aspects ; Statistics ; Agriculture and state ; Land reform ; Privatization ; Armenia(Republic) Economic policy 1991- ; Armenia(Republic) Economic policy 1991-
    Note: "Based on the findings of a World Bank mission that visited Armenia in May/June of 1993 and... was drafted... by a small team led by C. Csaki, the principal author"--Pref
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 62
    ISBN: 0821331035
    Language: English
    Pages: Online-Ressource (xx, 148 p) , ill , 28 cm
    Edition: Online-Ausg. World Bank E-Library Archive
    Series Statement: World Bank discussion papers 268
    DDC: 338.1/843
    Keywords: Agriculture Economic aspects ; Agriculture Economic aspects ; Agriculture and state ; Agriculture and state ; Privatization ; Privatization ; Agriculture Economic aspects ; Agriculture Economic aspects ; Agriculture and state ; Agriculture and state ; Privatization ; Privatization
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 63
    Online Resource
    Online Resource
    Washington, D.C : World Bank
    ISBN: 0821325868
    Language: English
    Pages: Online-Ressource (xi, 31 p) , 23 cm
    Edition: Online-Ausg. World Bank E-Library Archive
    Series Statement: Development in practice
    DDC: 338.982
    Keywords: Government business enterprises ; Privatization ; Structural adjustment (Economic policy) ; Government business enterprises ; Privatization ; Structural adjustment (Economic policy)
    Note: "Much of this booklet has been adapted from 'Argentina's privatization program' by Myrna Alexander and Carlos Corti, World Bank staff"--Verso t.p , Includes bibliographical references
    URL: Volltext  (Deutschlandweit zugänglich)
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