Author: Patrick Honohan
Publisher: World Bank Publications
ISBN:
Category : Flow of funds
Languages : en
Pages : 72
Book Description
The business sector in developing countries relies on external funding for about half of its investment. If the availability of investable funds is to be freed from its dependence on the vagaries of the international capital markets, developing country financial systems will have to attract more household savings with new types of instruments and adequate returns.
Intersectoral Financial Flows in Developing Countries
Author: Patrick Honohan
Publisher: World Bank Publications
ISBN:
Category : Flow of funds
Languages : en
Pages : 72
Book Description
The business sector in developing countries relies on external funding for about half of its investment. If the availability of investable funds is to be freed from its dependence on the vagaries of the international capital markets, developing country financial systems will have to attract more household savings with new types of instruments and adequate returns.
Publisher: World Bank Publications
ISBN:
Category : Flow of funds
Languages : en
Pages : 72
Book Description
The business sector in developing countries relies on external funding for about half of its investment. If the availability of investable funds is to be freed from its dependence on the vagaries of the international capital markets, developing country financial systems will have to attract more household savings with new types of instruments and adequate returns.
Globalization, Growth, and Poverty
Author: Paul Collier
Publisher: World Bank Publications
ISBN: 9780821350485
Category : Business & Economics
Languages : en
Pages : 202
Book Description
Globalization - the growing integration of economies and societies around the world, is a complex process. The focus of this research is the impact of economic integration on developing countries and especially the poor people living in these countries. Whether economic integration supports poverty reduction and how it can do so more effectively are key questions asked. The research yields 3 main findings with bearings on current policy debates about globalization. Firstly, poor countries with some 3 billion people have broken into the global market for manufactures and services, and this successful integration has generally supported poverty reduction. Secondly, inclusion both across countries and within them is important as a number of countries (pop. 2 billion) are failing as states, trading less and less, and becoming marginal to the world economy. Thirdly, standardization or homogenization is a concern - will economic integration lead to cultural or institutional homogenization?
Publisher: World Bank Publications
ISBN: 9780821350485
Category : Business & Economics
Languages : en
Pages : 202
Book Description
Globalization - the growing integration of economies and societies around the world, is a complex process. The focus of this research is the impact of economic integration on developing countries and especially the poor people living in these countries. Whether economic integration supports poverty reduction and how it can do so more effectively are key questions asked. The research yields 3 main findings with bearings on current policy debates about globalization. Firstly, poor countries with some 3 billion people have broken into the global market for manufactures and services, and this successful integration has generally supported poverty reduction. Secondly, inclusion both across countries and within them is important as a number of countries (pop. 2 billion) are failing as states, trading less and less, and becoming marginal to the world economy. Thirdly, standardization or homogenization is a concern - will economic integration lead to cultural or institutional homogenization?
The Impact of Remittances on Economic Activity: The Importance of Sectoral Linkages
Author: Hector Perez-Saiz
Publisher: International Monetary Fund
ISBN: 1513511483
Category : Business & Economics
Languages : en
Pages : 37
Book Description
We propose a simple macroeconomic model with input-output sectoral linkages based on Acemoglu et al. (2016) to quantify how changes in aggregate demand due to additional income from household’s remittances propagates through the network of input-output linkages in Sub-Saharan African countries. We first propose two network centrality measures to assess the role of some sectors as key input providers in the economy. Then, we use these measures to quantify the effect of sectoral linkages on sectoral and total output following an increase in remittances inflows. Our empirical results suggest that the effects of remittances on recipient economies increase with the degree of linkages across sectors, which is especially prominent in the case of the financial intermediation sector. Our paper contributes to the emerging macroeconomic literature on the propagation of shocks across sectors and the implications for the whole economy.
Publisher: International Monetary Fund
ISBN: 1513511483
Category : Business & Economics
Languages : en
Pages : 37
Book Description
We propose a simple macroeconomic model with input-output sectoral linkages based on Acemoglu et al. (2016) to quantify how changes in aggregate demand due to additional income from household’s remittances propagates through the network of input-output linkages in Sub-Saharan African countries. We first propose two network centrality measures to assess the role of some sectors as key input providers in the economy. Then, we use these measures to quantify the effect of sectoral linkages on sectoral and total output following an increase in remittances inflows. Our empirical results suggest that the effects of remittances on recipient economies increase with the degree of linkages across sectors, which is especially prominent in the case of the financial intermediation sector. Our paper contributes to the emerging macroeconomic literature on the propagation of shocks across sectors and the implications for the whole economy.
Understanding Financial Interconnectedness
Author: International Monetary Fund. Strategy, Policy, & Review Department
Publisher: International Monetary Fund
ISBN: 1498336752
Category : Business & Economics
Languages : en
Pages : 45
Book Description
This paper seeks to advance our understanding of global financial interconnectedness by (i) mapping aspects of the architecture of global finance and (ii) investigating critical fault lines related to interconnectedness along which systemic risks were built up and shocks transmitted in the crisis. It thus takes initial steps toward operationalizing enhanced financial sector and macro-financial surveillance called for by the IMF’s Executive Board and by experts such as de Larosiere et al. (2009). Getting a better handle on interconnectedness would strengthen the Fund‘s ability, together with the Financial Stability Board, to track systemic risk concentrations. It would also inform spillover and vulnerability analyses, and sharpen bilateral and multilateral surveillance.
Publisher: International Monetary Fund
ISBN: 1498336752
Category : Business & Economics
Languages : en
Pages : 45
Book Description
This paper seeks to advance our understanding of global financial interconnectedness by (i) mapping aspects of the architecture of global finance and (ii) investigating critical fault lines related to interconnectedness along which systemic risks were built up and shocks transmitted in the crisis. It thus takes initial steps toward operationalizing enhanced financial sector and macro-financial surveillance called for by the IMF’s Executive Board and by experts such as de Larosiere et al. (2009). Getting a better handle on interconnectedness would strengthen the Fund‘s ability, together with the Financial Stability Board, to track systemic risk concentrations. It would also inform spillover and vulnerability analyses, and sharpen bilateral and multilateral surveillance.
Health Financing Revisited
Author: Pablo Enrique Gottret
Publisher: World Bank Publications
ISBN: 082136586X
Category : Medical
Languages : en
Pages : 340
Book Description
This overview of health financing tools, policies and trends--with a particular focus on challenges facing developing countries--provides the basis for effective policy-making. Analyzing the current global environment, the book discusses health financing goals in the context of both the underlying health, demographic, social, economic, political and demographic analytics as well as the institutional realities faced by developing countries, and assesses policy options in the context of global evidence, the international aid architecture, cross-sectoral interactions, and countries' macroeconomic frameworks and overall development plans.
Publisher: World Bank Publications
ISBN: 082136586X
Category : Medical
Languages : en
Pages : 340
Book Description
This overview of health financing tools, policies and trends--with a particular focus on challenges facing developing countries--provides the basis for effective policy-making. Analyzing the current global environment, the book discusses health financing goals in the context of both the underlying health, demographic, social, economic, political and demographic analytics as well as the institutional realities faced by developing countries, and assesses policy options in the context of global evidence, the international aid architecture, cross-sectoral interactions, and countries' macroeconomic frameworks and overall development plans.
International Financial Integration
Author: Mr.Gian Milesi-Ferretti
Publisher: International Monetary Fund
ISBN: 1451850905
Category : Business & Economics
Languages : en
Pages : 46
Book Description
In recent decades, the foreign assets and liabilities of advanced economies have grown rapidly relative to GDP, with the increase in gross cross-holdings far exceeding changes in the size of net positions. Moreover, the portfolio equity and FDI categories have grown in importance relative to international debt stocks. This paper describes the broad trends in international financial integration for a sample of industrial countries and seeks to explain the cross-country and time-series variation in the size of international balance sheets. It also examines the behavior of the rates of return on foreign assets and liabilities, relating them to "market" returns.
Publisher: International Monetary Fund
ISBN: 1451850905
Category : Business & Economics
Languages : en
Pages : 46
Book Description
In recent decades, the foreign assets and liabilities of advanced economies have grown rapidly relative to GDP, with the increase in gross cross-holdings far exceeding changes in the size of net positions. Moreover, the portfolio equity and FDI categories have grown in importance relative to international debt stocks. This paper describes the broad trends in international financial integration for a sample of industrial countries and seeks to explain the cross-country and time-series variation in the size of international balance sheets. It also examines the behavior of the rates of return on foreign assets and liabilities, relating them to "market" returns.
Shifting Patterns of Comparative Advantage: Manfactured Exports of Developing Countries
Author: Alexander J. Yeats
Publisher: World Bank Publications
ISBN:
Category : Comparative advantage (International trade)
Languages : en
Pages : 60
Book Description
Labor -intensive goods are the developing countries' strongest export items -- and the United States is the chief import market for these goods. What's more, the industrial countries can expect increasing competition in the 1990s in clothing, footwear, leather products, wood manufactures, and some primary metal manufactures.
Publisher: World Bank Publications
ISBN:
Category : Comparative advantage (International trade)
Languages : en
Pages : 60
Book Description
Labor -intensive goods are the developing countries' strongest export items -- and the United States is the chief import market for these goods. What's more, the industrial countries can expect increasing competition in the 1990s in clothing, footwear, leather products, wood manufactures, and some primary metal manufactures.
Prospects of Financial Flows to Developing Countries in the 1990s
Author: Rob Vos
Publisher:
ISBN:
Category : Balance of trade
Languages : en
Pages : 108
Book Description
Covers trends from 1970 to 1990.
Publisher:
ISBN:
Category : Balance of trade
Languages : en
Pages : 108
Book Description
Covers trends from 1970 to 1990.
Measuring Adult Mortality in Developing Countries
Author: Ian Timaeus
Publisher: World Bank Publications
ISBN:
Category : Developing countries
Languages : en
Pages : 64
Book Description
Publisher: World Bank Publications
ISBN:
Category : Developing countries
Languages : en
Pages : 64
Book Description
Building Institutions for Markets
Author: World Bank
Publisher: World Bank Publications
ISBN: 9780195216073
Category : Business & Economics
Languages : en
Pages : 196
Book Description
"Institutions fix the confines of and impose form upon the activities of human beings."-Walton Hamilton, 'Institutions', 1932.The 'World Development Report 2002: Building Institutions for Markets' undertakes the complex issue of the basic institutions needed for markets to function properly. This year's 'World Development Report' goes beyond a simple examination of institutional structure and explores the functions of institutions. Recognizing that one size does not fit all, the report asks what do all institutions which support markets do?The answer is simple: Institutions channel information, define and enforce property rights, and increase or prevent competition. Understanding the functions that current institutions and their proposed replacements would provide is the first step. The report contends that once you have identified the institutional functions that are missing, you can then build effective institutions by following some basic principles:- Complement what exists already - in terms of other supporting institutions, human capacities, and technology.- Innovate to suit local norms and conditions. Experimenting with new structures can provide a country with creative solutions that work.- Connect communities of market players through open information flows and open trade. Open trade and information flows create demand for new institutions and improve the functioning of existing structures.- Compete among jurisdictions, firms, and individuals. Increased competition creates demand for new institutions as old ones lose their effectiveness. It also affects how people behave - improving institutional quality.These broad lessons and careful analyses, which links theory with pertinent evidence, are provided in the report. 'World Development Report 2002: Building Institutions for Markets' contains selected 'World Development Indicators'.
Publisher: World Bank Publications
ISBN: 9780195216073
Category : Business & Economics
Languages : en
Pages : 196
Book Description
"Institutions fix the confines of and impose form upon the activities of human beings."-Walton Hamilton, 'Institutions', 1932.The 'World Development Report 2002: Building Institutions for Markets' undertakes the complex issue of the basic institutions needed for markets to function properly. This year's 'World Development Report' goes beyond a simple examination of institutional structure and explores the functions of institutions. Recognizing that one size does not fit all, the report asks what do all institutions which support markets do?The answer is simple: Institutions channel information, define and enforce property rights, and increase or prevent competition. Understanding the functions that current institutions and their proposed replacements would provide is the first step. The report contends that once you have identified the institutional functions that are missing, you can then build effective institutions by following some basic principles:- Complement what exists already - in terms of other supporting institutions, human capacities, and technology.- Innovate to suit local norms and conditions. Experimenting with new structures can provide a country with creative solutions that work.- Connect communities of market players through open information flows and open trade. Open trade and information flows create demand for new institutions and improve the functioning of existing structures.- Compete among jurisdictions, firms, and individuals. Increased competition creates demand for new institutions as old ones lose their effectiveness. It also affects how people behave - improving institutional quality.These broad lessons and careful analyses, which links theory with pertinent evidence, are provided in the report. 'World Development Report 2002: Building Institutions for Markets' contains selected 'World Development Indicators'.