In the wake of the financial crisis of 2008, governments worldwide undertook massive fiscal interventions to stave off what otherwise would have likely been a system-wide financial and economic meltdown. The policy responses engendered significant shifts in growth trajectories and debt sustainability outlooks of both mature and developing economies. For Low Income Countries, post-crisis debt sustainability analyses show an average deterioration of 5-7 percentage points in the present value of public debt-to-GDP ratio in 2009-10 compared with pre-crisis projections, and stay in the area of 30 percent until 2014. Among the LICs, 40 percent face high risk of (or are in) debt distress. In the G20 countries, government debt-to-GDP ratios are expected reach 85 percent by 2014.
Uploaded by world.bank.publications on 11/21/2010
Digital publication details: 255 pages.
Issue theme 'Special Issue on Close Calls, Near Misses and Early Warnings'
Uploaded by carr on 07/27/2010
Digital publication details: 20 pages.
Wiley Global Finance… information providers for professionals and academics in all sectors of investing, risk, and fund management. Whether you want to pass the CFA® exam, gain advice on how to manage your risk strategies better, understand how the trading floor really works or simply access the latest tips on how to manage your investment portfolio wisely, Wiley Global Finance provides investment professionals with solutions to face today’s market head on.
Uploaded by wiley_publishing on 10/03/2012
Digital publication details: 60 pages.
Results-based management (RBM) is a public management strategy that involves decision making based on reliable information regarding the effects of governmental actions on society. It has been adopted in various developed countries as a way of improving efficiency and effectiveness in public policy. In Latin American and Caribbean (LAC) countries, governments and public managers show increasing interest in this management strategy. Given the relative novelty of RBM in the region, however, there is scant literature on the subject. This book is intended to fill this gap in two ways. First, it seeks to describe some of the basic RBM concepts and adapt them according to regional characteristics. Second, it presents an assessment, based on studies carried out in 25 countries, of the challenges facing LAC countries and their capacity to implement results-based public management.
Uploaded by idb_publications on 04/19/2011
Digital publication details: 228 pages.
James Montier discusses the flaws which cause professional investors, regulators and others to create systemic problems in asset markets and the economy.
Uploaded by riskandreturn on 05/13/2012
Digital publication details: 12 pages.
This study highlights the interaction between social protection (SP) programs and labor markets in the Latin America region. It presents new evidence on the limited coverage of existing programs and emphasizes the challenges caused by high informality for achieving universal social protection for old age income, health, unemployment risks and anti-poverty safety nets. It identifies interaction effects between SP programs and the behavioral responses of workers, firms and social protection providers, which can further undermine efforts to expand coverage, summarizing evidence from recent work across the region. The book argues for a re-design of financing to eliminate cross subsidies between members of contributory programs and subsidies that effectively tax income from formal employment.
Uploaded by world.bank.publications on 03/15/2012
Digital publication details: 454 pages.
Co-Author Julian Roberts' article (with Michael A.H. Dempster and Elena A. Medova at the Centre of Financial Research, University of Cambridge) first published in The Journal of Banking Regulation - June 2011
Uploaded by keithplowman on 09/11/2011
Digital publication details: 23 pages.
Bernice Lee and Felix Preston, with Gemma Green A Chatham House Report January 2012
Uploaded by getresilient on 02/16/2012
Digital publication details: 62 pages.
World Bank. Published by: World Bank, 2013 This report provides Mayors and other policymakers with a policy framework and diagnostic tools to anticipate and implement strategies that can prevent their cities from locking into irreversible physical and social structures, including: improving living conditions, especially in slums and hazard-prone areas; bridging the divided cities (inclusion); expanding the coverage and quality of basic infrastructure services; and managing the city’s physical form.
Uploaded by christinadianparmionova on 02/21/2013
Digital publication details: 132 pages.
Investing in Water Quality: Measuring Benefits, Costs and Risks, explores the methods and analytical tools available for making better investment decisions when our knowledge of the costs and benefits of water quality improvement is imprecise and the future is uncertain. The study demonstrates how water quality and economic analysis models can be integrated to measure the net benefits of improvement in ambient water quality, quantify the degree of project risk introduced by imperfect knowledge, and reach informed investment decisions that reflect local preferences. This is an indispensable guide for anyone working to reduce urban water pollution in developing countries.
Uploaded by idb_publications on 06/22/1905
Digital publication details: 348 pages.