Showing 1 - 9 of 9
What major insights have emerged from development economics in the past decade, and how do they matter for the World Bank? This challenging question was recently posed by World Bank Group President David Malpass to the staff of the Development Research Group. This paper assembles a set of 13...
Persistent link: https://www.econbiz.de/10012228661
The world economy is not what it used to be twenty years ago. For most of the 20th century, the world economy was characterized by developed (North) countries acting as 'center' to a 'periphery' of developing (South) countries. However, the recent rise of developing economies suggests the need...
Persistent link: https://www.econbiz.de/10012245131
This paper looks at the role and design of regulatory reform institutions in developing countries. These institutions … and by promoting the regulatory reform agenda; and 4) Ad hoc institutions for regulatory reform, established to launch …: section one briefly reviews the theoretical debate and literature about the role of institutions in facilitating higher …
Persistent link: https://www.econbiz.de/10012247308
The coronavirus (COVID-19) pandemic has halted economic activity worldwide, hurting firms and pushing them toward bankruptcy. This paper provides a unified framework to organize the policy debate related to firm financing during the downturn, centered along four main points. First, the economic...
Persistent link: https://www.econbiz.de/10012241118
This paper studies how crises prompted firms to switch borrowing across markets, impacting the amount borrowed, maturity, and currency denomination at the firm and aggregate levels. Using data on worldwide debt issuance from advanced and emerging economies, the paper shows that firms shifted...
Persistent link: https://www.econbiz.de/10012228743
This paper surveys the literature to document the main stylized facts, risks, and policy challenges related to the expansion of global nonfinancial corporate debt after the 2008-09 global financial crisis. Nonfinancial corporate debt steadily increased after the crisis, especially in emerging...
Persistent link: https://www.econbiz.de/10012296893
protecting consumers through economic regulation. Part two of this paper considers institutions and processes for implementing …
Persistent link: https://www.econbiz.de/10012247288
This report is an output of the Better Regulation for Growth Program between the Dutch Ministry of Foreign Affairs, the UK Department for International Development (DFID) and IC, the Investment Climate Advisory Services of the World Bank Group. The reports identifies a set of minimum...
Persistent link: https://www.econbiz.de/10012247289
consulting firms), investment promotion institutions, chambers of commerce, and other expert respondents in each of the countries …
Persistent link: https://www.econbiz.de/10012247306