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Searching with a thematic focus on Finance policy, Private sector, Governance
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Getting the private sector involved in water: what to do in the poorest of countries (WB)
Private Sector Development Department, World Bank, 1999DocumentPolicy - based finance, financial regulation, and financial sector development in Japan
Policy Research Working Papers, World Bank, 1995Is Japan a good model for developing countries? Certainly macroeconomic stability, good information systems, effective monitoring, and financial discipline are essential for smooth functioning, efficient financial systems.DocumentThe 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.DocumentCorporate control in Central Europe and Russia: should banks own shares?
Policy Research Working Papers, World Bank, 1995A governance system based on bank ownership and control of firms is not yet feasible, but a good case can be made for allowing banks to gradually gain experience through limited equity ownership especially for allowing the swapping of bad debt for equity. and Prowse review corporate governance arrangements in the West and conclude that for a system based on bank ownership and control of firmsDocumentThe evolution of central banking
Policy Research Working Papers, World Bank, 1995What have we learned about central banks? The principal factors affecting central bank autonomy in the past two centuries have been prevailing political conditions, a laissez faire environment, and the exchange rate regime (whether fixed or floating).Institutions we know as central banks emerged or were established as commercial banks or government banks.DocumentUniversal banking and the financing of industrial development
Policy Research Working Papers, World Bank, 1995Developing countries designing financial systems should take a lesson from U.S.DocumentBank regulation : the case of the missing model
Policy Research Working Papers, World Bank, 1996The success of financial reform and the stability of financial systems depend partly on a regulatory framework that rewards prudent risk taking and is attuned to both institutions and the structure of the economy.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.DocumentBanking reform in transition - countries
Policy Research Working Papers, World Bank, 1996The institutional capacity of banks in transition economies improves faster when a new or parallel private banking system is allowed to emerge than it does when the government tries simply to reform existing state-owned banks.DocumentSafe and sound banking in developing countries : we're not in Kansas anymore
Policy Research Working Papers, World Bank, 1997Making 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 salientPages
