Official Credits to Developing Countries Implicit Transfers to the Banks

Official Credits to Developing Countries Implicit Transfers to the Banks

Author: Harry Huizinga, Asl? Demirgüç-Kunt

Publisher: World Bank Publications

Published: 1991

Total Pages: 33

ISBN-13:

DOWNLOAD EBOOK

The stock market expects virtually all additional resources provided to debtor countries to be used for debt service to commercial banks. The stock market capitalization of banks increased about $6 billion at the time of the 1983 U.S. proposal to increase its quota to the IMF by $8.5 billion, and by a low estimate of $22.4 billion at the time details of the Brady Plan were recorded.


Book Synopsis Official Credits to Developing Countries Implicit Transfers to the Banks by : Harry Huizinga, Asl? Demirgüç-Kunt

Download or read book Official Credits to Developing Countries Implicit Transfers to the Banks written by Harry Huizinga, Asl? Demirgüç-Kunt and published by World Bank Publications. This book was released on 1991 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: The stock market expects virtually all additional resources provided to debtor countries to be used for debt service to commercial banks. The stock market capitalization of banks increased about $6 billion at the time of the 1983 U.S. proposal to increase its quota to the IMF by $8.5 billion, and by a low estimate of $22.4 billion at the time details of the Brady Plan were recorded.


Firm Output Adjustment to Trade Liberalization

Firm Output Adjustment to Trade Liberalization

Author: Mark Andrew Dutz

Publisher: World Bank Publications

Published: 1991

Total Pages: 51

ISBN-13:

DOWNLOAD EBOOK

Output among firms is likely to be reallocated as a result of trade liberalization. In imperfectly competitive industries, such a "rationalization" effect can be an important component of the welfare impact of trade reform.


Book Synopsis Firm Output Adjustment to Trade Liberalization by : Mark Andrew Dutz

Download or read book Firm Output Adjustment to Trade Liberalization written by Mark Andrew Dutz and published by World Bank Publications. This book was released on 1991 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: Output among firms is likely to be reallocated as a result of trade liberalization. In imperfectly competitive industries, such a "rationalization" effect can be an important component of the welfare impact of trade reform.


Doing Business 2020

Doing Business 2020

Author: World Bank

Publisher: World Bank Publications

Published: 2019-11-21

Total Pages: 241

ISBN-13: 1464814414

DOWNLOAD EBOOK

Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.


Book Synopsis Doing Business 2020 by : World Bank

Download or read book Doing Business 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-21 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.


Targeting of Transfers in Developing Countries

Targeting of Transfers in Developing Countries

Author: David Coady

Publisher: World Bank Publications

Published: 2004

Total Pages: 128

ISBN-13: 9780821357699

DOWNLOAD EBOOK

Drawing on a database of more than one hundred anti-poverty interventions in 47 countries, 'Targeting of Transfers in Developing Countries' provides a general review of experiences with methods used to target interventions in transition and developing countries. Written for policymakers and program managers in developing countries, in donor agencies, and in NGOs who have responsibility for designing interventions that reach the poor, it conveys what targeting options are available, what results can be expected as well as information that will assist in choosing among them and in their implementation. Key messages are: - While targeting 'works' - the median program transfers 25 percent more to the poor than would a universal allocation - targeting performance around the world is highly variable. - Means testing, geographic targeting, and self-selection based on a work requirement are the most robustly progressive methods. Proxy means testing, community-based selection of individuals and demographic targeting to children show good results on average, but with considerable variation. - Demographic targeting to the elderly, community bidding, and self-selection based on consumption show limited potential for good targeting. - There is no single preferred method for all types of programs or all country contexts. Successful targeting depends critically on how a method is implemented. The CD-ROM includes the database of interventions, an annotated bibliography (PDF) and Spanish and Russian translations of the book (PDFs).


Book Synopsis Targeting of Transfers in Developing Countries by : David Coady

Download or read book Targeting of Transfers in Developing Countries written by David Coady and published by World Bank Publications. This book was released on 2004 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on a database of more than one hundred anti-poverty interventions in 47 countries, 'Targeting of Transfers in Developing Countries' provides a general review of experiences with methods used to target interventions in transition and developing countries. Written for policymakers and program managers in developing countries, in donor agencies, and in NGOs who have responsibility for designing interventions that reach the poor, it conveys what targeting options are available, what results can be expected as well as information that will assist in choosing among them and in their implementation. Key messages are: - While targeting 'works' - the median program transfers 25 percent more to the poor than would a universal allocation - targeting performance around the world is highly variable. - Means testing, geographic targeting, and self-selection based on a work requirement are the most robustly progressive methods. Proxy means testing, community-based selection of individuals and demographic targeting to children show good results on average, but with considerable variation. - Demographic targeting to the elderly, community bidding, and self-selection based on consumption show limited potential for good targeting. - There is no single preferred method for all types of programs or all country contexts. Successful targeting depends critically on how a method is implemented. The CD-ROM includes the database of interventions, an annotated bibliography (PDF) and Spanish and Russian translations of the book (PDFs).


Determinants of Commercial Bank Interest Margins and Profitability

Determinants of Commercial Bank Interest Margins and Profitability

Author: Asl? Demirgüç-Kunt

Publisher: World Bank Publications

Published: 1998

Total Pages: 52

ISBN-13:

DOWNLOAD EBOOK

March 1998 Differences in interest margins reflect differences in bank characteristics, macroeconomic conditions, existing financial structure and taxation, regulation, and other institutional factors. Using bank data for 80 countries for 1988-95, Demirgüç-Kunt and Huizinga show that differences in interest margins and bank profitability reflect various determinants: * Bank characteristics. * Macroeconomic conditions. * Explicit and implicit bank taxes. * Regulation of deposit insurance. * General financial structure. * Several underlying legal and institutional indicators. Controlling for differences in bank activity, leverage, and the macroeconomic environment, they find (among other things) that: * Banks in countries with a more competitive banking sector-where banking assets constitute a larger share of GDP-have smaller margins and are less profitable. The bank concentration ratio also affects bank profitability; larger banks tend to have higher margins. * Well-capitalized banks have higher net interest margins and are more profitable. This is consistent with the fact that banks with higher capital ratios have a lower cost of funding because of lower prospective bankruptcy costs. * Differences in a bank's activity mix affect spread and profitability. Banks with relatively high noninterest-earning assets are less profitable. Also, banks that rely largely on deposits for their funding are less profitable, as deposits require more branching and other expenses. Similarly, variations in overhead and other operating costs are reflected in variations in bank interest margins, as banks pass their operating costs (including the corporate tax burden) on to their depositors and lenders. * In developing countries foreign banks have greater margins and profits than domestic banks. In industrial countries, the opposite is true. * Macroeconomic factors also explain variation in interest margins. Inflation is associated with higher realized interest margins and greater profitability. Inflation brings higher costs-more transactions and generally more extensive branch networks-and also more income from bank float. Bank income increases more with inflation than bank costs do. * There is evidence that the corporate tax burden is fully passed on to bank customers in poor and rich countries alike. * Legal and institutional differences matter. Indicators of better contract enforcement, efficiency in the legal system, and lack of corruption are associated with lower realized interest margins and lower profitability. This paper-a product of the Development Research Group-is part of a larger effort in the group to study bank efficiency.


Book Synopsis Determinants of Commercial Bank Interest Margins and Profitability by : Asl? Demirgüç-Kunt

Download or read book Determinants of Commercial Bank Interest Margins and Profitability written by Asl? Demirgüç-Kunt and published by World Bank Publications. This book was released on 1998 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: March 1998 Differences in interest margins reflect differences in bank characteristics, macroeconomic conditions, existing financial structure and taxation, regulation, and other institutional factors. Using bank data for 80 countries for 1988-95, Demirgüç-Kunt and Huizinga show that differences in interest margins and bank profitability reflect various determinants: * Bank characteristics. * Macroeconomic conditions. * Explicit and implicit bank taxes. * Regulation of deposit insurance. * General financial structure. * Several underlying legal and institutional indicators. Controlling for differences in bank activity, leverage, and the macroeconomic environment, they find (among other things) that: * Banks in countries with a more competitive banking sector-where banking assets constitute a larger share of GDP-have smaller margins and are less profitable. The bank concentration ratio also affects bank profitability; larger banks tend to have higher margins. * Well-capitalized banks have higher net interest margins and are more profitable. This is consistent with the fact that banks with higher capital ratios have a lower cost of funding because of lower prospective bankruptcy costs. * Differences in a bank's activity mix affect spread and profitability. Banks with relatively high noninterest-earning assets are less profitable. Also, banks that rely largely on deposits for their funding are less profitable, as deposits require more branching and other expenses. Similarly, variations in overhead and other operating costs are reflected in variations in bank interest margins, as banks pass their operating costs (including the corporate tax burden) on to their depositors and lenders. * In developing countries foreign banks have greater margins and profits than domestic banks. In industrial countries, the opposite is true. * Macroeconomic factors also explain variation in interest margins. Inflation is associated with higher realized interest margins and greater profitability. Inflation brings higher costs-more transactions and generally more extensive branch networks-and also more income from bank float. Bank income increases more with inflation than bank costs do. * There is evidence that the corporate tax burden is fully passed on to bank customers in poor and rich countries alike. * Legal and institutional differences matter. Indicators of better contract enforcement, efficiency in the legal system, and lack of corruption are associated with lower realized interest margins and lower profitability. This paper-a product of the Development Research Group-is part of a larger effort in the group to study bank efficiency.


Financial Institutions and Services

Financial Institutions and Services

Author: Robert S. Uh

Publisher: Nova Publishers

Published: 2006

Total Pages: 294

ISBN-13: 9781594546228

DOWNLOAD EBOOK

Book & Computer Disk. This book examines international aspects of financial institutions as well as their economic performance and development. Emphasis is placed on transition economics as well as Developing Countries. Issues within the scope of this new book include: financial reporting, efficiency of financial institutions, Middle-East financial institutions, money market liquidity, economic performance, risk capital allocation, financial market soundness, instability, devaluations, capital flight and related issues, including governance.


Book Synopsis Financial Institutions and Services by : Robert S. Uh

Download or read book Financial Institutions and Services written by Robert S. Uh and published by Nova Publishers. This book was released on 2006 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Book & Computer Disk. This book examines international aspects of financial institutions as well as their economic performance and development. Emphasis is placed on transition economics as well as Developing Countries. Issues within the scope of this new book include: financial reporting, efficiency of financial institutions, Middle-East financial institutions, money market liquidity, economic performance, risk capital allocation, financial market soundness, instability, devaluations, capital flight and related issues, including governance.


Reforming the Governance of the IMF and the World Bank

Reforming the Governance of the IMF and the World Bank

Author: Ariel Buira

Publisher: Anthem Press

Published: 2005-11

Total Pages: 326

ISBN-13: 0857287141

DOWNLOAD EBOOK

A radical and comprehensive review of the practices of governance within one of the world's most important and influential organizations.


Book Synopsis Reforming the Governance of the IMF and the World Bank by : Ariel Buira

Download or read book Reforming the Governance of the IMF and the World Bank written by Ariel Buira and published by Anthem Press. This book was released on 2005-11 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: A radical and comprehensive review of the practices of governance within one of the world's most important and influential organizations.


The Bradt Plan the 1989 Mexican Debt Reduction Agreement, and Bank Stock Returns in the United States and Japan

The Bradt Plan the 1989 Mexican Debt Reduction Agreement, and Bank Stock Returns in the United States and Japan

Author:

Publisher: World Bank Publications

Published:

Total Pages: 32

ISBN-13:

DOWNLOAD EBOOK


Book Synopsis The Bradt Plan the 1989 Mexican Debt Reduction Agreement, and Bank Stock Returns in the United States and Japan by :

Download or read book The Bradt Plan the 1989 Mexican Debt Reduction Agreement, and Bank Stock Returns in the United States and Japan written by and published by World Bank Publications. This book was released on with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Remittances

Remittances

Author: Samuel Munzele Maimbo

Publisher: World Bank Publications

Published: 2005

Total Pages: 402

ISBN-13: 0821357948

DOWNLOAD EBOOK

Migrants have long faced unwarranted constraints to sending money to family members and relatives in their home countries, among them costly fees and commissions, inconvenient formal banking hours, and inefficient domestic banking services that delay final payment to the beneficiaries. Yet such remittances are perhaps the largest source of external finance in developing countries. Officially recorded remittance flows to developing countries exceeded US$125 billion in 2004, making them the second largest source of development finance after foreign direct investment. This book demonstrates that governments in developing countries increasingly recognize the importance of remittance flows and are quickly addressing these constraints.


Book Synopsis Remittances by : Samuel Munzele Maimbo

Download or read book Remittances written by Samuel Munzele Maimbo and published by World Bank Publications. This book was released on 2005 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: Migrants have long faced unwarranted constraints to sending money to family members and relatives in their home countries, among them costly fees and commissions, inconvenient formal banking hours, and inefficient domestic banking services that delay final payment to the beneficiaries. Yet such remittances are perhaps the largest source of external finance in developing countries. Officially recorded remittance flows to developing countries exceeded US$125 billion in 2004, making them the second largest source of development finance after foreign direct investment. This book demonstrates that governments in developing countries increasingly recognize the importance of remittance flows and are quickly addressing these constraints.


World Development Report, 1985

World Development Report, 1985

Author:

Publisher: World Bank Publications

Published: 1985

Total Pages: 259

ISBN-13: 0195204824

DOWNLOAD EBOOK

This report focuses on the contribution that international capital makes to economic development. While the report pays close attention to the events of the recent past, it also places the use of foreign capital in a broader and longer-term perspective. Using such a perspective, the report shows how countries at different stages of development have used external finance productively; how the institutional and policy environment affects the volume and composition of financial flows to developing countries; and how the international community has dealt with financial crises. This report concludes that the developing countries will have a continuing need for external finance. It demonstrates that many of the policies required to attract external finance and promote economic growth are either being implemented or planned already.


Book Synopsis World Development Report, 1985 by :

Download or read book World Development Report, 1985 written by and published by World Bank Publications. This book was released on 1985 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report focuses on the contribution that international capital makes to economic development. While the report pays close attention to the events of the recent past, it also places the use of foreign capital in a broader and longer-term perspective. Using such a perspective, the report shows how countries at different stages of development have used external finance productively; how the institutional and policy environment affects the volume and composition of financial flows to developing countries; and how the international community has dealt with financial crises. This report concludes that the developing countries will have a continuing need for external finance. It demonstrates that many of the policies required to attract external finance and promote economic growth are either being implemented or planned already.