Preventing Banking Sector Distress and Crises in Latin America


Book Description

World Bank Technical Paper No. 361. Education has emerged as an essential component of the transition to a market economy in Central and Eastern Europe. Although the countries of the region inherited broadly accessible education systems, the legacies of central planning have constrained the systems from fully adjusting to market economies. This study examines empirical trends in access to and financing of education in nine Central and East European countries by drawing on the findings of a World Bank project that examined the social risks facing people and the policy responses taken by governments since 1989. Chapters address access and participation, the labor market, financing, and staff in the education sector.




Management and Resolution of Banking Crises


Book Description

WBI Learning Resources Series. Water is a vital element for agricultural production and for economic development in general. However, the spatial and temporal distribution of water in Mexico restrains its use. Because of this distribution, it has been necessary to build a large infrastructure to capture, store, and allot this element among water users. Around the world, countries that once promoted more government involvement in irrigation management are adopting new policies that do just the opposite, creating incentives for farmers to take over the management of operations and maintenance, while government agencies focus on improving the management of water at the main system level. Is this just another management fad; or will the pendulum that is now swinging toward greater management control by farmers soon swing back the other way, toward greater state control? This volume reports on four countries where the state's role in irrigation management has undergone fundamental change and where the result has been a much greater management role for farmers. These studies address the political antecedents of participatory irrigation management (PIM) policies, the process of implementing the policies, and the second-generation challenges of sustaining PIM. These experiences will prove useful to policymakers and irrigation professionals who are facing similar challenges in their own countries.




Managing the Real and Fiscal Effects of Banking Crises


Book Description

This volume provides two recent analyses of government responses to financial crises; they have been developed in the light of the recent East Asian crisis, but also draw on experiences from other regions. Issues discussed relate to: the tradeoffs involved in public policies for systemic financial and corporate sector restructuring; and the use of cross-country evidence to determine whether specific crisis containment and resolution policies effect the fiscal costs of resolving a crisis. The book also presents information on 113 systemic banking crises that have occurred in 93 countries since the 1970s, as well as 50 borderline or non-systemic banking crises in 44 countries during the same period.




Global Economic Prospects and the Developing Countries


Book Description

This is the ninth edition of the annual report, prepared by the World Bank's Development Prospects Group. The series provides an annual assessment of global economic prospects as they affect developing countries and analyzes the links between developing countries and the world economy, particularly in the areas of trade, foreign direct investment, and other capital flows. In addition, each Global Economic Prospects addresses a few important topics, such as the expansion of global production and the costs of making the transition to a more open economy, as discussed in last year's report. Global Economic Prospects is part of an ongoing attempt to understand the dynamics of globalization, including its promises and its potential pitfalls. Includes statistical section of global economic indicators.




Integrating Social Concerns Into Private Sector Decisionmaking


Book Description

This paper contains two separate but intimately linked reports that deal with corporate social responsibility. The first explores the critical success factors supporting the integration of social concerns into the planning and implementation of privately financed projects in the mining, oil, and gas sectors. The second reviews corporate practices with respect to social and environmental assessment, and the integration between the two.




India's Public Distribution System


Book Description

World Bank Technical Paper No. 382. This technical paper compares and contrasts the governance and regulation of new style power pools in Australia, Canada, Norway, Sweden, and the United Kingdom. These trading markets in electricity commodities and services are explored in various ways. The authors review the basic governance models, compare decisionmakers in the industry, examine market surveillance methods used, and explore the role of government and the regulator. The paper emphasizes the lessons that can be learned from international experiences.




The Indian Pharmaceutical Sector


Book Description

The Indian pharmaceutical market ranks as the world's third largest in terms of volume, and has been growing at an annual rate of over 10 per cent over the last decade. Pharmaceutical policy in India is perceived primarily from an industrial perspective rather than a health sector priority, and is governed by a complex variety of laws and policies. This report reviews recent policy initiatives and their economic and health sector implications. It considers the profound gap that exists between the benefits which pharmaceuticals have to offer, and the reality that for millions of poor people in India medicines are often unaffordable, unsafe or improperly used. The report outlines some strategic options that could strengthen India's ability to ensure the availability, affordability, quality and rational use of essential medicines on a sustainable basis, using a mix of public and private sector resources.




Free Trade Area Membership as a Stepping Stone to Development


Book Description

The ASEAN free trade area (AFTA) was created in 1992. This book presents an overview of the mechanisms of AFTA as well as individual country reports of the costs and benefits of membership. The final chapter looks at the potential impact on economic growth.




Design of Social Funds


Book Description

Annotation World Bank Discussion Paper No. 375.Social funds have proved to be important instruments for reaching the poor using community-based strategies. Yet, while there have been innovations in the design of these funds, the projects are much less participatory and demand-oriented than is commonly believed. This paper examines the extent to which social fund subprojects are designed to support community participation, demand orientation, and investment in local organizational capacity to achieve sustainability at the community level.




Competitiveness and Employment


Book Description

World Bank Technical Paper No. 383. This paper summarizes the findings of a multisector study designed to examine the efficacy and importance of various technology policies, technology-support institutions, incentive measures, and other sources of technological know-how. It examines how various firms in different sectors and countries improve their technology to increase productivity and product quality and develop new products and processes. Economies studied in this report included Canada, China, Hungary, India, Japan, Republic of Korea, Mexico and Taiwan (China).