The Bankable SOE

The Bankable SOE PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292690132
Category : Business & Economics
Languages : en
Pages : 90

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Book Description
This publication describes how state-owned enterprises (SOEs) can access finance on commercial terms, without sovereign guarantees. Doing so can create fiscal space for governments and new sources of finance for needed investment. Under Strategy 2030, the Asian Development Bank is committed to SOE reform that supports access to commercial finance in its developing member countries. The publication confirms the rise of commercial finance for SOEs and details steps to enhance the bankability of SOEs. This includes practical guidance on how to improve governance and increase financial viability. The publication also explains how the risks of such borrowing, including defaults and moral hazards created by implicit guarantees, can be managed.

The Bankable SOE

The Bankable SOE PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292690132
Category : Business & Economics
Languages : en
Pages : 90

Get Book

Book Description
This publication describes how state-owned enterprises (SOEs) can access finance on commercial terms, without sovereign guarantees. Doing so can create fiscal space for governments and new sources of finance for needed investment. Under Strategy 2030, the Asian Development Bank is committed to SOE reform that supports access to commercial finance in its developing member countries. The publication confirms the rise of commercial finance for SOEs and details steps to enhance the bankability of SOEs. This includes practical guidance on how to improve governance and increase financial viability. The publication also explains how the risks of such borrowing, including defaults and moral hazards created by implicit guarantees, can be managed.

Guidance Note on State-Owned Enterprise Reform for Nonsovereign and One ADB Projects

Guidance Note on State-Owned Enterprise Reform for Nonsovereign and One ADB Projects PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292698230
Category : Business & Economics
Languages : en
Pages : 95

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Book Description
Under Strategy 2030, the Asian Development Bank (ADB) is committed to state-owned enterprise (SOE) reform in its developing member countries (DMCs). The publication reviews the significance of SOEs in Asia and the Pacific, the role of SOE reform in ADB's strategy, and related requirements for nonsovereign and One ADB projects. Nonsovereign financing for SOEs can help reduce the burden of sovereign debt and mobilize new funding for vital investments, including climate change mitigation. Designed to guide ADB staff in their work with SOEs through sovereign projects, policy-based loans, and technical assistance, this publication may also be of use to DMC officials and SOE boards and management.

China: The Bankable State

China: The Bankable State PDF Author: Bhabani Shankar Nayak
Publisher: Springer Nature
ISBN: 981165252X
Category : Political Science
Languages : en
Pages : 163

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Book Description
The volume on China: The Bankable State rejects neoliberal consensus and focuses on crucial contributions of the Chinese state in shaping Chinese economy. This book makes crucial theoretical contributions to the study of local political economy of China. This book engages with Chinese state responses to challenges China faces in the processes of reform, transition and development of both commercial and non-commercial banks. This book explores Chinese economic growth and development policy processes and its uniqueness in the wider world economy. The book examines Chinese financial policy praxis and offers an insightful account of its successes for the wider resurgence of alternative political economy of local development. Additionally, this book also showcases state led entrepreneurship in China.

Guidance Note on State-Owned Enterprise Reform in Sovereign Projects and Programs

Guidance Note on State-Owned Enterprise Reform in Sovereign Projects and Programs PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 929262119X
Category : Business & Economics
Languages : en
Pages : 67

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Book Description
Strategy 2030 underscores the commitment of the Asian Development Bank (ADB) to support state-owned enterprise (SOE) reform in developing member countries (DMCs). This guidance note provides an overview of SOEs and explains the significance of reforms in implementing ADB’s corporate strategy for its operations in DMCs. It discusses the requirements for SOE reform and provides guidance on challenges that need to be addressed and areas to focus on relative to different sector needs. Designed to help ADB staff in their work with SOEs, this guidance note is also a useful resource for officials from DMCs, and SOE board and management members.

Green Finance for Asian State-Owned Enterprises

Green Finance for Asian State-Owned Enterprises PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292701517
Category : Business & Economics
Languages : en
Pages : 94

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Book Description
State-owned enterprises (SOEs) can play a key transformative role in the green transition needed to tackle climate change and biodiversity loss. This report explores how these SOEs can develop and deploy sustainable financial instruments to aid in this transition. To accelerate the successful adoption of green finance tools, the report examines how SOEs can resolve governance and capacity gaps to make better use of green capital markets, enabling a healthier environment and a more resilient future.

Banking on the Future of Asia and the Pacific

Banking on the Future of Asia and the Pacific PDF Author: Peter McCawley
Publisher: Asian Development Bank
ISBN: 9292577921
Category : Business & Economics
Languages : en
Pages : 548

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Book Description
This book is a history of the Asian Development Bank (ADB), a multilateral development bank established 50 years ago to serve Asia and the Pacific. Focusing on the region’s economic development, the evolution of the international development agenda, and the story of ADB itself, this book raises several key questions: What are the outstanding features of regional development to which ADB had to respond? How has the bank grown and evolved in changing circumstances? How did ADB’s successive leaders promote reforms while preserving continuity with the efforts of their predecessors? ADB has played an important role in the transformation of Asia and the Pacific the past 50 years. As ADB continues to evolve and adapt to the region’s changing development landscape, the experiences highlighted in this book can provide valuable insight on how best to serve Asia and the Pacific in the future.

An Infrastructure Governance Approach to Fiscal Management in State-Owned Enterprises and Public–Private Partnerships

An Infrastructure Governance Approach to Fiscal Management in State-Owned Enterprises and Public–Private Partnerships PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292697617
Category : Business & Economics
Languages : en
Pages : 87

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Book Description
This report identifies key governance challenges in the management of fiscal risks and contingent liabilities in Asia and the Pacific arising from public investments through public–private partnerships and state-owned enterprises. It highlights the importance of investment in quality infrastructure to overcome the trilemma of the overall infrastructure investment gap, limited fiscal space, and increasing debt. It shows that such investments need to be efficient—that is, they need to provide the right infrastructure delivering maximum economic benefits at the lowest cost. The report sets out practical insights as a resource for decision-makers.

State-Owned Enterprises in Emerging Europe: The Good, the Bad, and the Ugly

State-Owned Enterprises in Emerging Europe: The Good, the Bad, and the Ugly PDF Author: Uwe Böwer
Publisher: International Monetary Fund
ISBN: 1484315162
Category : Business & Economics
Languages : en
Pages : 27

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Book Description
State-owned enterprises (SOEs) play an important role in Emerging Europe’s economies, notably in the energy and transport sectors. Based on a new firm-level dataset, this paper reviews the SOE landscape, assesses SOE performance across countries and vis-à-vis private firms, and evaluates recent SOE governance reform experience in 11 Emerging European countries, as well as Sweden as a benchmark. Profitability and efficiency of resource allocation of SOEs lag those of private firms in most sectors, with substantial cross-country variation. Poor SOE performance raises three main risks: large and risky contingent liabilities could stretch public finances; sizeable state ownership of banks coupled with poor governance could threaten financial stability; and negative productivity spillovers could affect the economy at large. SOE governance frameworks are partly weak and should be strengthened along three lines: fleshing out a consistent ownership policy; giving teeth to financial oversight; and making SOE boards more professional.

Meeting Asia's Infrastructure Needs

Meeting Asia's Infrastructure Needs PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292577549
Category : Business & Economics
Languages : en
Pages : 235

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Book Description
Infrastructure is essential for development. This report presents a snapshot of the current condition of developing Asia's infrastructure---defined here as transport, power, telecommunications, and water supply and sanitation. It examines how much the region has been investing in infrastructure and what will likely be needed through 2030. Finally, it analyzes the financial and institutional challenges that will shape future infrastructure investment and development.

Bureaucrats in Business

Bureaucrats in Business PDF Author:
Publisher: World Bank Publications
ISBN: 9780195211061
Category : Business & Economics
Languages : en
Pages : 370

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Book Description
Refer review of this policy book in 'Journal of International Development, vol. 10, 7, 1998. pp.841-855.