Diversification of the financial sector has been one of the central features of China's recent and rapid economic growth. This book traces the development of China's Trust and Investment Companies (TICs), the most numerous non-bank financial institutions to emerge in China, and their link to the...

The present report draws on experience from industrialized and developing countries in terms of capital market financing of domestic infrastructure projects, and discusses the applicaiblity of these lessons in the Chinese context. It also describes the strategies these economies have adopted to...

Despite impressive success in improving living conditions in many Caribbean countries, poverty still persists throughout the region. This study seeks to improve our understanding of poverty in the Caribbean and the current efforts to address it. It analyzes the causes and characteristics of...