The aim of this paper is to help project teams develop results indicators for housing projects. These indicators are intended, primarily, as an instrument for managing projects and should help staff in the country offices, in headquarters and in executing agencies to identify the components of a...

This study empirically analyses the historical performance of defaulted debt from Moody's Ultimate Recovery Database (1987--2010). Motivated by a stylized structural model of credit risk with systematic recovery risk, we argue and find evidence that returns on defaulted debt co-vary with...

Este volumen contiene los anales de un seminario sobre modernización de las finanzas municipales. En el seminario se discutieron e intercambiaron experiencias sobre las políticas que los gobiernos centrales pueden adoptar para que la descentralización proporcione los beneficios que se le...

Antitrust laws differ in their approaches to compulsory licensing not because they subscribe to different schools of economic thought, but because the different political and cultural beliefs that inform and animate them lead inevitably to different answers. Michael Jacobs (DePaul Univ.) &...

Este documento identifica y define un conjunto de indicadores que cubren las áreas más importantes de intervenciones en los proyectos de vivienda. El objetivo principal es asistir a los equipos de proyectos y las contrapartes oficiales en la selección de indicadores adecuados para medir los...

La presente publicación examina la experiencia del Banco en vivienda y extrae lecciones para el diseño y ejecución de muevas operaciones e identifica áreas de desarrollo a futuro. Está destinada a apoyar a los especialistas de los gobiernos y del Banco en la identificación y diseño de...

These guidelines provide orientation to Bank staff and Project Teams in the identification, orientation and analysis of housing projects. They complement the Urban Development and Housing Policy (OP751) that gave ample latitude to the Bank to support countries in their efforts to improve the...

A challenge in enterprise risk measurement for diversified financial institutions is developing a coherent approach to aggregating different risk types. This has been motivated by rapid financial innovation, developments in supervisory standards (Basel 2) and recent financial turmoil. The main...