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Searching with a thematic focus on Finance policy

Showing 4171-4180 of 4564 results

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  • Document

    Trade and the accumulation and diffusion of knowledge

    Policy Research Working Papers, World Bank, 1996
    The accumulation of knowledge affects trade performance and competitiveness, but trade also (through imports) affects the accumulation of knowledge.Padoan examines the properties of a dynamic disequilibrium model focused on trade specialization and the accumulation of knowledge.
  • Document

    International capital flows : do short - term investment and direct investment differ?

    Policy Research Working Papers, World Bank, 1996
    Empirical support for the conventional notion that short-term investment is "hot money" and direct investment is not: short-term investment appears to respond more dramatically to disturbances in other capital flows and in other countries than does direct investment.Chuhan, Perez-Quiros, and Popper examine the behavior of four major components of international capital flows in 15 developing and
  • Document

    From learning to partnership : multinational R&D cooperation in developing countries

    Policy Research Working Papers, World Bank, 1996
    Do multinationals cooperate in research and development with local firms in developing countries?
  • Document

    The Polish experience with bank and enterprise restructuring

    Policy Research Working Papers, World Bank, 1997
    Poland's program tackled simultaneously bank and enterprise restructuring and dealt decisively with the bad debt stock and flow problem with measures to improve incentives and institutional skills. Among transition economies, Poland was a pioneer in bank and enterprise restructuring.
  • Document

    South - North migration and trade : a survey

    Policy Research Working Papers, World Bank, 1996
    Can trade liberalization be used to deter South North immigration? Is trade a substitute for migration? Not necessarily. Assuming that migration generates externalities, the South should liberalize trade, while the North should impose an (optimal) immigration tax.
  • Document

    Regulating market risk in banks : a comparison of alternative regulatory regimes

    Policy Research Working Papers, World Bank, 1996
    Market risk is an increasingly important issue for banks and so for bank regulation. Stephanou compares three approaches to setting risk based capital adequacy standards: the building bloc approach, the internal models approach, and the precommitment approach. Regulators have traditionally used simple models to measure banks' capital adequacy.
  • Document

    How Foreign Investment Affects Host Countries

    Policy Research Working Papers, World Bank, 1999
    Foreign direct investment may promote economic development by helping to improve productivity growth and exports in the multinationals' host countries.
  • Document

    Moving to Greener Pastures? Multinationals and the Pollutionhaven Hypothesis

    Policy Research Working Papers, World Bank, 1999
    Eskeland and Harrison find almost no evidence that investors in developing countries are fleeing environmental costs at home. Instead, the evidence suggests that foreign owned plants in four developing countries are less polluting than comparable domestic plants.Are multinationals flocking to "pollution havens" in developing countries?
  • Document

    Privatization, public investment, and capital income taxation

    Policy Research Working Papers, World Bank, 1997
    Huizinga and Nielsen investigate the optimal boundary between the public and private production sectors. They use a model in which government and private production coexist in which a range of production activities can be carried out by either the government or the private sector.In effect, the government determines which activities to maintain within the public sector and which to privatize.
  • Document

    Safe and sound banking in developing countries : we're not in Kansas anymore

    Policy Research Working Papers, World Bank, 1997
    Making banking safe and sound in developing countries requires (1) paying more attention to factors that restrict banks' ability and willingness to diversify risk and (2) giving three key groups owners (and managers), the market, and supervisors more incentive and ability to monitor banks and ensure their prudent corporate governance.Drawing on earlier work, Caprio reviews some of the salient

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