State-Owned Banks and Fiscal Discipline - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook State-Owned Banks and Fiscal Discipline write by Mr.Jesus Gonzalez-Garcia. This book was released on 2013-10-03. State-Owned Banks and Fiscal Discipline available in PDF, EPUB and Kindle. State-owned banks may help to soften the financing constraints of public sector entities and consequently become a factor that hampers fiscal discipline. Using a panel dataset, we find that a larger presence of state-owned banks in the banking system is associated with more credit to the public sector, larger fiscal deficits, higher public debt ratios, and the crowding out of credit to the private sector. These results suggest that the lending practices of state-owned banks should be carefully assessed in any strategy to pursue fiscal discipline.
The Future of State-Owned Financial Institutions
The Future of State-Owned Financial Institutions - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Future of State-Owned Financial Institutions write by Gerard Caprio. This book was released on 2010-12-01. The Future of State-Owned Financial Institutions available in PDF, EPUB and Kindle. Research suggests that if the majority of a country's financial institutions are owned by the state, that country will experience slower financial development, less efficient financial systems, less private sector credit, and slower GDP growth. Yet more than 40 percent of the world's population live in countries in which public sector institutions dominate the banking system. In The Role of State-Owned Financial Institutions: Policy and Practice noted experts discuss the challenges presented by state-owned financial institutions and offer cross-disciplinary solutions for policymakers and banking regulators. The issues include: methods for effectively managing, reforming, and privatizing state-owned banks; the fiscal costs and contingent liabilities of state-owned banks; macroeconomic implications and the impact of state-owned banking on access to credit in an economy; guidance for effective supervision of state-owned banks; managerial perspectives on improving products, human resources, and risk; management case studies of different methods of privatization, such as initial public offerings, employee stock ownership plans, and strategic investors Contributors include David Binns (Beyster Institute), Robert Cull (World Bank), Ron Gilbert (ESOP Services), James A. Hanson (World Bank), Richard Hemming (International Monetary Fund), Fred Huibers (ING Research), Arminio Fraga (formerly Central Bank of Brazil), Nicholas Lardy (Institute for International Economics), David Marston (International Monetary Fund), Moody's Global Investor Service, Herman Mulder (ABN-Amro), William Nichol (Deutsche Bank AG), Urjit Patel (Infrastructure Development Finance Company, India), and P. S. Srinivas (World Bank).
The Future of National Development Banks
The Future of National Development Banks - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Future of National Development Banks write by Stephany Griffith-Jones. This book was released on 2018-10-18. The Future of National Development Banks available in PDF, EPUB and Kindle. For a long time the topic of national development banks was limited to a debate between admirers and detractors of these institutions, often inserted into a more general debate of state versus markets. Since the 2007/8 North Atlantic financial crisis however, interest and support for these institutions has broadly increased in both developing and developed countries. Key issues such as understanding how development banks work, what their main aims are, and what their links with the private financial and corporate sector are have come to the forefront, and there is an increased interest in what instruments, incentives, and governance work better in general and in particular contexts. The Future of National Development Banks provides an in-depth study of several key examples of these institutions based in Brazil, Chile, China, Colombia, Germany, Mexico, and Peru. It explores horizontal issues such as their role in innovation and structural change, sustainable infrastructure financing, financial inclusion, and regulatory rules. It provides both research and policy-oriented perspectives on how these banks can make a significant contribution to a countries' development, and analyses their roles within broader economic policy, their governance, and the main instruments they use to perform their function. The Future of National Development Banks has important policy implications for countries that have these institutions and can improve them, and countries that do not have them yet and can learn from best practice.
Building Inclusive Financial Systems
Building Inclusive Financial Systems - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Building Inclusive Financial Systems write by Michael S. Barr. This book was released on 2007-11-01. Building Inclusive Financial Systems available in PDF, EPUB and Kindle. Broad-based and inclusive financial systems significantly raise growth, alleviate poverty, and expand economic opportunity. Households, small enterprises, and the rural poor often have difficulty obtaining financial services for a multitude of reasons, including transaction costs, perceived risk, inadequate infrastructure, and information barriers. Yet many financial institutions are now making profitable inroads into underserved markets through formal banking, investment in equities, venture capital, postal banks, and microfinance. Access to Finance addresses the challenges of making financial systems more inclusive, emulating successful ventures in new markets, and utilizing technologies and government policies to support the expansion of financial access. The contributors examine many dimensions of financial access, including: • Measuring financial access • Understanding the impact of expanded access • Examining alternative institutional models • Exploring new technologies and information infrastructure • Evaluating government policies toward outreach.
Corporate Governance of State-Owned Enterprises
Corporate Governance of State-Owned Enterprises - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Corporate Governance of State-Owned Enterprises write by World Bank Publications. This book was released on 2014-10-02. Corporate Governance of State-Owned Enterprises available in PDF, EPUB and Kindle. This Toolkit provides an overall framework with practical tools and information to help policymakers design and implement corporate governance reforms for state-owned enterprises. It concludes with guidance on managing the reform process, in particular how to prioritize and sequence reforms, build capacity, and engage with stakeholders.
