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Searching with a thematic focus on Aid and debt, Debt
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The role of commercial banks in enterprise restructuring in Central and Eastern Europe
Policy Research Working Papers, World Bank, 1995In Central and Eastern Europe, banks are less active than planned in enterprise restructuring. Corporate restructuring is not normally a major part of commercial banking --- to ask banks to restructure their weakest clients is to direct attention away from lending to their strongest clients, which should be their core business.DocumentSocial safety net and the poor during the transition : the case of Bulgaria
Policy Research Working Papers, World Bank, 1995Bulgaria's social safety net is not well targeted; too many benefits accrue to better off households rather than to the poor.DocumentTrade policies, macroeconomic adjustment, and manufactured exports : theLatin American experience
Policy Research Working Papers, World Bank, 1995Trade policies cannot resolve current account problems.DocumentDebt as a control device in transitional economies : the experiences of Hungary and Poland
Policy Research Working Papers, World Bank, 1995The motivation for most of the reforms debated in transition economies is to impose market based constraints on enterprise managers, whether through competition or through direct corporate governance.DocumentThe surge in capital inflows to developing countries : prospects and policy response
Policy Research Working Papers, World Bank, 1995Foreign interest rates have been the "push" factor driving capital inflows and determining their magnitude, but country creditworthiness has influenced the timing and geographic destination of the new capital flows.DocumentFiscal and monetary contraction in Chile : a rational - expectations approach
Policy Research Working Papers, World Bank, 1995To analyze the probable macroeconomic impact of fiscal and monetary retrenchment in Chile, an open economy, dynamic rational expectations macroeconomic model is applied to data for Chile.For the past two decades, Chile has consistently pursued a course of macroeconomic stabilization and deep economic reform.DocumentHungary's bankruptcy experience, 1992 - 1993
Policy Research Working Papers, World Bank, 1995Policy makers looking for policies and processes to spur enterprise restructuring in transition economies should study Hungary's experience with bankruptcy reform since 1992. It is unique in the post socialist world.Hungary adopted a tough new bankruptcy law in late 1991 that took effect on January 1, 1992.DocumentContingent liability in banking : useful policy for developing countries?
Policy Research Working Papers, World Bank, 1995Could contingent liability systems play an important role in developing countries' banking systems?Bank owner contingent liability has been important in the development of many industrial countries. Unlimited liability on bank owners was an important element in the success of Scottish banking, for example, and lasted until 1862, when banks were allowed to adopt a limited liability designation.DocumentInterest rates, credit and economic adjustment in Nicaragua
Policy Research Working Papers, World Bank, 1995Nicaragua's dollar equivalent and real interest rates are not unusually high by regional standards.DocumentThe Latvian banking crisis : lessons learned
Policy Research Working Papers, World Bank, 1996In the spring of 1995, Latvia experienced the largest banking crisis in the former Soviet Union to date, involving the loss of about 40 percent of the banking system's assets and liabilities. Fleming and Talley outline the Latvian authorities' strategy for developing the banking system and identify how and why it unraveled.Pages
