Development And Public Banks

Author : Stephany Griffith-Jones,Régis Marodon,Louis-Philippe Rochon,Jiajun Xu
Publisher : Taylor & Francis
Page : 219 pages
File Size : 49,6 Mb
Release : 2022-12-12
Category : Business & Economics
ISBN : 9781000802795

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Development and Public Banks by Stephany Griffith-Jones,Régis Marodon,Louis-Philippe Rochon,Jiajun Xu Pdf

Development finance institutions (DFIs), also known as public development banks (PDBs) are public financial institutions initiated and steered by governments with explicit official missions to promote public policy objectives, and public development banks (PDBs) are the main category. DFIs are experiencing a renaissance worldwide, but there is limited academic research examining their roles, operations, and effectiveness. This book attempts to fill this gap by bringing together world-renowned scholars who discuss in detail the economics and the social consequences of both development banks and public banks. Combining together, the chapters in this volume discuss topics from sustainability, development impact of financial instruments, a new development financial architecture, and the interaction with existing international rules like the Basel Accord. This book will be of particular interest to students, scholars, and researchers of development finance, global governance, and international political economy. The chapters in this book were originally published in the Review of Political Economy.

Author : Stephany Griffith-Jones,José Antonio Ocampo (econoom)
Publisher : Initiative for Policy Dialogue
Page : 388 pages
File Size : 54,9 Mb
Release : 2018
Category : Business & Economics
ISBN : 9780198827948

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The Future of National Development Banks by Stephany Griffith-Jones,José Antonio Ocampo (econoom) Pdf

This in-depth case study of several national development banks explores the role of these institutions in innovation and structural change, infrastructure financing, and financial inclusion. It reflects on the significant contribution that these banks can make to a countries' development, and their broader role within economic policy.

Author : Joseph A. Kane
Publisher : Lexington, Mass. : Lexington Books
Page : 248 pages
File Size : 51,8 Mb
Release : 1975
Category : Development banks
ISBN : UOM:39015019088106

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Development Banking by Joseph A. Kane Pdf

Author : Christoph Scherrer
Publisher : Edward Elgar Publishing
Page : 288 pages
File Size : 48,5 Mb
Release : 2017-11-24
Category : Electronic
ISBN : 9781786430663

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Public Banks in the Age of Financialization by Christoph Scherrer Pdf

This book asks the important question of whether public banks are a better alternative to profit-seeking private banks. Do public banks provide finance for development? Do they serve as stability anchors in financial markets? What kind of governance keeps public banks accountable to the public? Theoretically the book draws on the works of Minsky for the question on stability and on interpretative policy analysis for the issue of governance. It compares empirically three countries with significant public banks: Brazil, Germany, and India.

Author : H. Elif Ture
Publisher : International Monetary Fund
Page : 24 pages
File Size : 49,6 Mb
Release : 2021-01-15
Category : Business & Economics
ISBN : 9781513566788

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Revisiting the Stabilization Role of Public Banks: Public Debt Matters by H. Elif Ture Pdf

This paper revisits the stabilization role of public banks and analyzes whether weak public finances may hinder this role. During the global financial crisis (GFC), public banks were widely used to counter the private credit crunch and prop up the economy. Using cross-country bank-level data for 125 advanced and developing economies for 1999–2018, the paper finds public bank lending to be less procyclical than private bank lending on average, particularly during busts. A key result, however, is that in developing economies with high public debt levels, public bank lending has been more procyclical, particularly outside of the GFC period. This finding suggests high public debt can limit the stabilization role of public banks during domestic busts, likely reflecting higher financing costs public banks face and lower subsidies they receive in economies with tighter budget constraints.

Author : United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on International Development Institutions and Finance
Publisher : Unknown
Page : 204 pages
File Size : 43,6 Mb
Release : 1984
Category : Development banks
ISBN : LOC:00186349593

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The Multilateral Development Banks and Health by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on International Development Institutions and Finance Pdf

Author : Diana Tussie
Publisher : Lynne Rienner Publishers
Page : 188 pages
File Size : 53,7 Mb
Release : 1995
Category : Business & Economics
ISBN : 1555874924

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The Inter-American Development Bank by Diana Tussie Pdf

Author : Stephany Griffith-Jones,José Antonio Ocampo
Publisher : Oxford University Press
Page : 400 pages
File Size : 40,8 Mb
Release : 2018-10-25
Category : Business & Economics
ISBN : 9780192562982

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The Future of National Development Banks by Stephany Griffith-Jones,José Antonio Ocampo Pdf

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 : Manuela Francisco
Publisher : World Bank Publications
Page : 38 pages
File Size : 53,5 Mb
Release : 2008
Category : Electronic
ISBN : 8210379456XXX

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Measuring the Performance and Achievement of Social Objectives of Development Finance Institutions by Manuela Francisco Pdf

Author : Lilia Costabile,Larry Neal
Publisher : Springer
Page : 372 pages
File Size : 55,8 Mb
Release : 2018-09-28
Category : Business & Economics
ISBN : 9783319902487

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Financial Innovation and Resilience by Lilia Costabile,Larry Neal Pdf

As Ignazio Visco, Governor of the Bank of Italy, says in his Foreword, all economic policy makers today need to re-examine our history to help them confront the challenges of today. This edited volume focuses specifically on the theme of financial innovation and how financial resiliency was achieved in Naples. To highlight both the achievements of the public banks of Naples and their lessons for financial resiliency, the book focuses on financial crises and how they were overcome in Naples in contrast to other European financial systems. The first section focuses on the development of the public banks unique to Naples. The second section compares those with other banking systems and how they responded to the same shock in 1622, caused by the full mobilization of European belligerents to finance their efforts in the Thirty Years War. The next section compares lessons learned in the rest of Europe over the next century and a half. The final section comes back to original start of the narrative arc to suggest ways that today’s policymakers and thinkers could use the historical experience of the public banks of Naples to deal better with the ongoing problems stemming from the financial crisis of 2007-08.

Author : Thomas Marois,David A. McDonald
Publisher : Taylor & Francis
Page : 195 pages
File Size : 51,5 Mb
Release : 2023-02-28
Category : Nature
ISBN : 9781000842425

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Public Banks, Public Water by Thomas Marois,David A. McDonald Pdf

This book explores the potential for public banks to help finance the expansion, democratization, and sustainability of public water services in Europe, with implications for public water financing elsewhere in the world. Financing the UN’s Sustainable Development Goal 6 for water and sanitation will be enormously expensive and will also depend largely on public water operators. Where will this money to fund public water services come from? One option is public banks. These state-owned institutions constitute just under 20% of global banking assets, holding close to $50 trillion in assets. Many public banks have explicit mandates to finance public water management and related public goods, and they have been doing so for decades. And yet, despite a resurgence of interest in public banks, their roles and potential in funding public water services have been largely ignored by researchers and policy makers. This book aims to measure the scale and nature of interactions between public banks and public water operators in the European region; identify challenges and opportunities for deeper engagement between public banks and public water operators; recognize promising practices and how these might be transferred elsewhere in the world; and assess possibilities for more democratic forms of public bank and public water interactions. This volume will be of great use to students and researchers interested in political ecology and economy, development and cooperation, public policy as well as water governance and management. The chapters in this book were originally published as a special issue of Water International.

Author : Thomas Marois
Publisher : Cambridge University Press
Page : 337 pages
File Size : 50,6 Mb
Release : 2021-06-10
Category : Business & Economics
ISBN : 9781108839150

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Public Banks by Thomas Marois Pdf

Public banks are dynamic, contested institutions with the potential to decarbonize the environment, definancialise the economy, and democratise global development.

Author : Lucila Serra,José Juan Gomes Lorenzo,Diana Smallridge,Chiara Trabacchi,Maria Netto,Barbara Buchner
Publisher : Inter-American Development Bank
Page : 95 pages
File Size : 48,6 Mb
Release : 2013-03-12
Category : Business & Economics
ISBN : 8210379456XXX

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The Role of National Development Banks in Catalyzing International Climate Finance by Lucila Serra,José Juan Gomes Lorenzo,Diana Smallridge,Chiara Trabacchi,Maria Netto,Barbara Buchner Pdf

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 : Shirley Boskey
Publisher : Johns Hopkins University Press
Page : 232 pages
File Size : 44,6 Mb
Release : 1959
Category : Development banks
ISBN : UOM:39015019088098

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Problems and Practices of Development Banks by Shirley Boskey Pdf

Author : Daniel Gurara,Mr.Andrea F Presbitero,Miguel Sarmiento
Publisher : International Monetary Fund
Page : 44 pages
File Size : 43,7 Mb
Release : 2018-12-07
Category : Business & Economics
ISBN : 9781484390344

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Borrowing Costs and The Role of Multilateral Development Banks: Evidence from Cross-Border Syndicated Bank Lending by Daniel Gurara,Mr.Andrea F Presbitero,Miguel Sarmiento Pdf

Cross-border bank lending is a growing source of external finance in developing countries and could play a key role for infrastructure financing. This paper looks at the role of multilateral development banks (MDBs) on the terms of syndicated loan deals, focusing on loan pricing. The results show that MDBs' participation is associated with higher borrowing costs and longer maturities---signaling a greater willingness to finance high risk projects which may not be financed by the private sector---but it is also associated with lower spreads for riskier borrowers. Overall, our findings suggest that MDBs could crowd in private investment in developing countries through risk mitigation.