Author: Joshua Yindenaba Abor
Publisher: Springer Nature
ISBN: 3031386396
Category : Business & Economics
Languages : en
Pages : 497
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Book Description
This book examines the changing role of national development banks (NDBs) in Africa. It presents a comprehensive overview of NDBs in Africa, examining their key characteristics, theoretical underpinnings, and growing importance to African economies. The book fully examines the role of NDBs and their potential to support development goals, address gaps in finance left by underdeveloped capital markets, and mobilize resources from the public and private sectors to encourage new long-term investments. Chapters cover the historical background and theoretical rationale for NDBs; the contemporary role of NDBs including their role in sustainable development, climate finance initiatives, and infrastructure development; funding sources, business models, monitoring and impact evaluation; and corporate governance, risk management and regulation. Case studies are also included to demonstrate the individual contributions of NDBs to several national economies. The book contributes to the limited literature in this area by providing a detailed resource on NDBs for scholars, students, policymakers and regulators working in the areas of development finance and banking.
Author: Lucila Serra
Publisher: Inter-American Development Bank
ISBN:
Category : Business & Economics
Languages : en
Pages : 95
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Book Description
Significant investments are needed to support the global transition to a low-carbon, climate resilient future. Current finance flows fall short of global financing needs, and massive scaling up is needed to unlock additional financial resources and foster a sustainable investment pathway. Overcoming barriers to private sector investments is critical, and international climate finance can play a catalytic role in this regard. National development banks (NDBs) have a unique role in this context, both complementing and catalyzing private sector players. This publication discusses the unique role that NDBs could play in scaling up private financing for climate change mitigation projects through the intermediation of international and national public climate finance in their respective local credit markets and the conditions that would be needed for them to be most effective. It draws from experiences in international climate finance and best practices, processes, and products of NDBs within the Latin American and Caribbean region.
Author: Joshua Yindenaba Abor
Publisher: Springer Nature
ISBN: 3031595114
Category :
Languages : en
Pages : 494
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Book Description
Author: Vivien Foster
Publisher: World Bank Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 388
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Book Description
This booklet contains the Overview as well as a list of contents from the forthcoming book Africa's Infrastructure: A time for Transformation.
Author: Chiara Broccolini
Publisher: International Monetary Fund
ISBN: 1498301061
Category : Business & Economics
Languages : en
Pages : 51
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Book Description
We use loan-level data on syndicated lending to a large sample of developing countries between 1993 and 2017 to estimate the mobilization effects of multilateral development banks (MDBs), controlling for a large set of fixed effects. We find evidence of positive and significant direct and indirect mobilization effects of multilateral lending on the number of deals and on the total size of bank inflows. The number of lending banks and the average maturity of syndicated loans also increase after MDB lending. These effects are present not only on impact, but they last up to three years and are not offset by a decline in bond financing. There is no evidence of anticipation effects and the results are not driven by confounding factors, such as the presence of large global banks, Chinese lending and aid flows. Finally, the economic effects are sizable, suggesting that MBDs can play a vital role to mobilize private sector financing to achieve the goals of the 2030 Development Agenda.
Author: Samuel Munzele Maimbo
Publisher: World Bank Publications
ISBN: 0821387979
Category : Business & Economics
Languages : en
Pages : 325
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Book Description
Financing Africa takes stock of Africa's financial systems in light of recent changes in the global financial system --including the greater risk aversion of international investors, a shift in economic and financial powers towards emerging markets and the regulatory reform debate - and the increasing role of technology. Using a wider and more detailed array of data than previous publications, we observe a trend towards financial deepening, more stability and more inclusion leading up to the crisis; serious challenges, however, continue, including limited access to financial services, focus on short-term contracts and hidden fragility, related to weak regulatory frameworks, undue government interference and governance deficiencies. Our policy analysis therefore focuses on (i) expanding outreach, (ii) fostering long-term finance and (iii) improving regulation and supervision. We identify the positive role of innovation and competition, a stronger focus on non-traditional financial service providers, and more emphasis on demand-side constraints as priority areas for policy actions. Specifically, competition from new players outside the banking system, including telecomm companies can increase outreach with technological innovation that changes the economics of retail finance. Moving beyond national stock exchanges that are not sustainable in most African countries towards regional solutions and over-the-counter trades can help foster long-term finance, as can addressing governance challenges in contractual savings institutions, including life insurance companies and pension funds. Finally, there is a need to look beyond supply-side constraints towards users of financial services, focusing more on financial literacy of households and firms, but also consumer protection. In formulating policy messages, we carefully distinguish between different country groupings, differentiating -- among others -- between low- and middle-income and small and larger economies, with a special focus on resource-based economies and post-conflict countries. This book reaches out to both policy makers concerned about a more inclusive and effective financial system and other stakeholders, including practitioners and development partners. With this book we aim to contribute to the on-going financial sector debate on Africa, with the ultimate goal of faster economic development and poverty reduction.
Author: Arkebe Oqubay
Publisher:
ISBN: 0198862423
Category : Business & Economics
Languages : en
Pages : 981
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Book Description
Industrial policy has long been regarded as a strategy to encourage sector-, industry-, or economy-wide development by the state. It has been central to competitiveness, catching up, and structural change in both advanced and developing countries. "The Oxford Handbook of Industrial Policy" presents a comprehensive review of and a novel approach to the conceptual and theoretical foundations of industrial policy, providing analytical perspectives on how industrial policy connects to broader issues of development strategy, macro-economic policies, infrastructure development, human capital, political economy, green economy, and shifts in the twenty-first century. The chapters offer valuable lessons and policy insights to policymakers, practitioners and researchers in the field.
Author: Stephany Griffith-Jones
Publisher:
ISBN: 0198827946
Category : Business & Economics
Languages : en
Pages : 388
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Book Description
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.
Author: Matthew Kofi Ocran
Publisher: Springer Nature
ISBN: 3031657152
Category :
Languages : en
Pages : 529
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Book Description
Author: Punam Chuhan-Pole
Publisher: World Bank Publications
ISBN: 0821387456
Category : Business & Economics
Languages : en
Pages : 497
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Book Description
Takes an in-depth look at twenty-six economic and social development successes in Sub-Saharan African countries, and addresses how these countries have overcome major developmental challenges.
