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World Bank - 2022

This Equitable Growth, Finance and Institutions (EFI) note reviews international experiences and lessons in promoting local government mergers and municipal associations. It seeks to inform efforts to advance institutional reforms in Croatia and address the problem of low local government...

Persistent link: https://www.econbiz.de/10015113998

Multilateral debt relief through the eyes of financial markets

Raddatz, Claudio E. - 2009

"The economic benefits of debt relief for recipient countries have been the subject of arduous debate, at least partly motivated by the difficulty of identifying the causal effect of debt relief on economic performance-given that performance itself may drive the decision to grant relief. This...

Persistent link: https://www.econbiz.de/10011394166

Corporate governance and bank performance : a joint analysis of the static, selection, and dynamic effects of domestic, foreign, and state ownership

Berger, Allen N. (contributor) - 2005

"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...

Persistent link: https://www.econbiz.de/10010522568

Greenfield foreign direct investment and mergers and acquisitions : / feedback and macroeconomic effects

Calderán, César - 2004

Persistent link: https://www.econbiz.de/10010523110

Timor-Leste : An Analysis of Early Grade Reading Acquisition

World Bank - 2010

This report examines the status of reading acquisition in Timor-Leste's primary schools. It is written for education stakeholders and policy makers in Timor-Leste, including government officials, politicians, educators, parents, Timor-Leste's donor partners and Non Governmental Organizations...

Persistent link: https://www.econbiz.de/10012247309

Bank activity and funding strategies : the impact on risk and returns

Demirgüç-Kunt, Asli - 2009

"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...

Persistent link: https://www.econbiz.de/10011394131

Portfolio Limits : Pension Investment Restrictions Compromise Fund Performance

World Bank - 2012

The value of funded pensions can depend critically on the funds' investment performance. To try and protect people's savings, governments often regulate pension funds strictly, particularly when contributions are mandatory. For example, the new funded pension systems in Latin America and Eastern...

Persistent link: https://www.econbiz.de/10012556540

Zooming in : from aggregate volatility to income distribution

Calderón, César A. - 2009

"In contrast with a growing literature on the drivers of aggregate volatility in developing countries, its consequences … aggregate volatility has a regressive, asymmetric, and non linear impact, as reflected in the strong influence of extreme output …

Persistent link: https://www.econbiz.de/10011394189

Does higher openness cause more real exchange rate volatility ?

Calderón, César A. - 2009

exchange rate volatility, and (b) trade and financial openness may have a potential role of mitigating and/or amplifying real … openness to exacerbate or mitigate real exchange rate volatility. The authors collected information on the real effective …) High real exchange rate volatility is the result of highly volatile productivity shocks, and sharp oscillations in monetary …

Persistent link: https://www.econbiz.de/10011394190

The elimination of Madagascar's vanilla marketing board, ten years on

Cadot, Olivier - 2006

spectacularly narrowed down, but this effect is dwarfed by that of world-price volatility. A counterfactual analysis based on a …

Persistent link: https://www.econbiz.de/10010522083