This paper argues that deposit insurance fund's (DIF's) should borrow against a portion of its exposure which can be expected to recover in distress under reasonable assumptions. DIF should accumulate...
This paper presents the main issues and key recommendations relevant to the government securities market, money market, and government cash management in Serbia. In terms of the government securities market...
This paper presents the findings of a survey of 73 remittance firms in 6 U.S. states, where company executives were interviewed in person. The paper finds that the largest obstacles to doing business that...
Mahul and Gurenko propose a financial model to address the design of efficient risk financing strategies against natural disasters at the country level. This risk financing problem is decomposed into two...
This paper examines legal and regulatory measures that can be taken to promote access to the primary market in emerging market economies. While capital market development depends on many factors including...
Emerging equity markets generally need an exogenous liquidity supply in order to accelerate their development. Margin trading (margin purchases and short sales) represents an important vehicle which promotes...
This paper provides information about research and analysis pertaining to government cash management practices in selected developed countries (including euro countries, Australia, Canada, and the United...
Empirical analysis of annuities markets have been limited to a few developed countries and restricted by data limitations. Chile provides excellent conditions for research on annuities due to the depth...
This insurance governance assessment is one of a series of pilot financial sector governance assessments prepared by the World Bank at the request of the Czech Government, which has taken the lead in supporting...
Chinese economic development is placing increasing demands on the financial sector. There are many aspects to this, including the pressing need to upgrade institutional capacity. Some aspects of the challenge...