The Future Of State Owned Financial Institutions

Author : Gerard Caprio,Jonathan L. Fiechter,Robert E. Litan
Publisher : Rowman & Littlefield
Page : 396 pages
File Size : 50,5 Mb
Release : 2010-12-01
Category : Business & Economics
ISBN : 9780815717065

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The Future of State-Owned Financial Institutions by Gerard Caprio,Jonathan L. Fiechter,Robert E. Litan Pdf

Research suggests that if the majority of a country's financial institutions are owned by the state, that country will experience slower financial development, less efficient financial systems, less private sector credit, and slower GDP growth. Yet more than 40 percent of the world's population live in countries in which public sector institutions dominate the banking system. In The Role of State-Owned Financial Institutions: Policy and Practice noted experts discuss the challenges presented by state-owned financial institutions and offer cross-disciplinary solutions for policymakers and banking regulators. The issues include: methods for effectively managing, reforming, and privatizing state-owned banks; the fiscal costs and contingent liabilities of state-owned banks; macroeconomic implications and the impact of state-owned banking on access to credit in an economy; guidance for effective supervision of state-owned banks; managerial perspectives on improving products, human resources, and risk; management case studies of different methods of privatization, such as initial public offerings, employee stock ownership plans, and strategic investors Contributors include David Binns (Beyster Institute), Robert Cull (World Bank), Ron Gilbert (ESOP Services), James A. Hanson (World Bank), Richard Hemming (International Monetary Fund), Fred Huibers (ING Research), Arminio Fraga (formerly Central Bank of Brazil), Nicholas Lardy (Institute for International Economics), David Marston (International Monetary Fund), Moody's Global Investor Service, Herman Mulder (ABN-Amro), William Nichol (Deutsche Bank AG), Urjit Patel (Infrastructure Development Finance Company, India), and P. S. Srinivas (World Bank).

Author : Stephany Griffith-Jones,José Antonio Ocampo
Publisher : Oxford University Press
Page : 400 pages
File Size : 52,9 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 : Mr.Jesus Gonzalez-Garcia,Francesco Grigoli
Publisher : International Monetary Fund
Page : 27 pages
File Size : 48,6 Mb
Release : 2013-10-03
Category : Business & Economics
ISBN : 9781484390092

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State-Owned Banks and Fiscal Discipline by Mr.Jesus Gonzalez-Garcia,Francesco Grigoli Pdf

State-owned banks may help to soften the financing constraints of public sector entities and consequently become a factor that hampers fiscal discipline. Using a panel dataset, we find that a larger presence of state-owned banks in the banking system is associated with more credit to the public sector, larger fiscal deficits, higher public debt ratios, and the crowding out of credit to the private sector. These results suggest that the lending practices of state-owned banks should be carefully assessed in any strategy to pursue fiscal discipline.

Author : Michael S. Barr,Anjali Kumar,Robert E. Litan
Publisher : Rowman & Littlefield
Page : 208 pages
File Size : 51,6 Mb
Release : 2007-11-01
Category : Business & Economics
ISBN : 9780815708407

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Building Inclusive Financial Systems by Michael S. Barr,Anjali Kumar,Robert E. Litan Pdf

Broad-based and inclusive financial systems significantly raise growth, alleviate poverty, and expand economic opportunity. Households, small enterprises, and the rural poor often have difficulty obtaining financial services for a multitude of reasons, including transaction costs, perceived risk, inadequate infrastructure, and information barriers. Yet many financial institutions are now making profitable inroads into underserved markets through formal banking, investment in equities, venture capital, postal banks, and microfinance. Access to Finance addresses the challenges of making financial systems more inclusive, emulating successful ventures in new markets, and utilizing technologies and government policies to support the expansion of financial access. The contributors examine many dimensions of financial access, including: • Measuring financial access • Understanding the impact of expanded access • Examining alternative institutional models • Exploring new technologies and information infrastructure • Evaluating government policies toward outreach.

Author : China Knowledge Press
Publisher : China Knowledge Press
Page : 553 pages
File Size : 50,7 Mb
Release : 2005
Category : Banks and banking
ISBN : 9789814163262

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Financial Services in China by China Knowledge Press Pdf

This comprehensive review of China's critically important subsectors covers banking, securities, and insurance, and includes those area's development, changing regulatory environments, competitive landscapes, key statistical data, and major players. Enhancing the depth of the guide are a set of special reports that address a range of hot topics: restructuring of the state-owned banks, organization of stock markets, and market potential of the insurance industry. With the most updated data and comprehensive information, this reference to China's financial services industry offers a wealth of information about these drastically changing subsectors.

Author : OECD
Publisher : OECD Publishing
Page : 232 pages
File Size : 47,6 Mb
Release : 2005-12-16
Category : Electronic
ISBN : 9789264009431

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Corporate Governance of State-Owned Enterprises A Survey of OECD Countries by OECD Pdf

Presents the OECD Guidelines on Corporate Governance of State-Owned Enterprises as well as a comparative overview of main practices and issues related to corporate governance of state-owned enterprises in the OECD area.

Author : Carl Walter,Fraser Howie
Publisher : John Wiley & Sons
Page : 290 pages
File Size : 48,5 Mb
Release : 2012-03-06
Category : Business & Economics
ISBN : 9781118255100

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Red Capitalism by Carl Walter,Fraser Howie Pdf

The truth behind the rise of China and whether or not it will be able to maintain it How did China transform itself so quickly? In Red Capitalism: The Fragile Financial Foundation of China's Extraordinary Rise, Revised Edition Carl Walter and Fraser Howie go deep inside the Chinese financial machine to illuminate the social and political consequences of the unique business model that propelled China to economic powerhouse status, and question whether this rapid ascension really lives up to its reputation. All eyes are on China, but will it really surpass the U.S. as the world's premier global economy? Walter and Howie aren't so certain, and in this revised and updated edition of Red Capitalism they examine whether or not the 21st century really will belong to China. The specter of a powerful China is haunting the U.S. and other countries suffering from economic decline and this book explores China's next move Packed with new statistics and stories based on recent developments, this new edition updates the outlook on China's future with the most cutting-edge information available Find out how China financed its current position of strength and whether it will be able to maintain its astonishing momentum Indispensable reading for anyone looking to understand the limits that China's past development decisions have imposed on its brilliant future, Red Capitalism is an essential resource for anyone considering China's business strategies in today's extremely challenging global economy.

Author : James Laurenceson,Joseph C.H. Chai
Publisher : Edward Elgar Publishing
Page : 188 pages
File Size : 55,7 Mb
Release : 2003-01-01
Category : Business & Economics
ISBN : 1843767198

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Financial Reform and Economic Development in China by James Laurenceson,Joseph C.H. Chai Pdf

China's prospects of successfully completing the transition to a market economy and becoming the world's largest economy during the 21st Century depend on the future sustainability of high rates of economic growth. This book is a comprehensive, balanced and realistic assessment of China's financial reform program and future direction. Covering not only the banking sector but also non-bank financial institutions, stock market development and external financial liberalization, the authors examine the impact of financial reform on economic development in China during the reform period. This volume will facilitate a more accurate assessment of the Chinese approach to financial reform, and will therefore allow more informed future policy choices for both China and other developing and transitional countries.

Author : Christine J. Richmond,Ms.Dora Benedek,Ezequiel Cabezon,Bobana Cegar,Mr.Peter Dohlman,Michelle Hassine,Beata Jajko,Piotr Kopyrski,Maksym Markevych,Mr.Jacques A Miniane,Mr.Francisco J Parodi,Gabor Pula,Mr.James Roaf,Min Kyu Song,Mariya Sviderskaya,Rima Turk,Mr.Sebastian Weber
Publisher : International Monetary Fund
Page : 127 pages
File Size : 41,7 Mb
Release : 2019-06-18
Category : Business & Economics
ISBN : 9781498315142

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Reassessing the Role of State-Owned Enterprises in Central, Eastern and Southeastern Europe by Christine J. Richmond,Ms.Dora Benedek,Ezequiel Cabezon,Bobana Cegar,Mr.Peter Dohlman,Michelle Hassine,Beata Jajko,Piotr Kopyrski,Maksym Markevych,Mr.Jacques A Miniane,Mr.Francisco J Parodi,Gabor Pula,Mr.James Roaf,Min Kyu Song,Mariya Sviderskaya,Rima Turk,Mr.Sebastian Weber Pdf

The Central, Eastern, and South Eastern European (CESEE) region is ripe for a reassessment of the role of the state in economic activity. The rapid income convergence with Western Europe of the early 2000s was not always equally shared across society, and it has now slowed dramatically in many countries of the region.

Author : World Bank Publications
Publisher : World Bank Publications
Page : 388 pages
File Size : 53,8 Mb
Release : 2014-10-02
Category : Business & Economics
ISBN : 9781464802294

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Corporate Governance of State-Owned Enterprises by World Bank Publications Pdf

This Toolkit provides an overall framework with practical tools and information to help policymakers design and implement corporate governance reforms for state-owned enterprises. It concludes with guidance on managing the reform process, in particular how to prioritize and sequence reforms, build capacity, and engage with stakeholders.

Author : Hans Dieter Seibel,Mayumi Ozaki
Publisher : Asian Development Bank
Page : 99 pages
File Size : 50,6 Mb
Release : 2009-09-01
Category : Business & Economics
ISBN : 9789292547110

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Restructuring of State-Owned Financial Institutions by Hans Dieter Seibel,Mayumi Ozaki Pdf

Despite the trend toward financial sector liberalization in recent years, state ownership of financial institutions remains widespread in the developing world. However, in general, state-owned financial institutions have under performed their private sector counterparts, and governments have sought to restructure them. This case study reviews the transformation of Bank Rakyat Indonesia from a loss-producing, overstaffed state-owned bank to the most profitable bank with the largest microbanking network in Indonesia. From the bank's experience the study seeks to draw decisive lessons for the successful transformation of other state-owned financial institutions. For Bank Rakyat Indonesia, the key driver of successful reform was the government's commitment to allow it the autonomy to restructure itself-including an emphasis on good corporate governance, supported by appropriate regulations and effective supervision.

Author : Edimon Ginting,Kaukab Naqvi
Publisher : Unknown
Page : 368 pages
File Size : 44,5 Mb
Release : 2020-07-29
Category : Business & Economics
ISBN : 929262282X

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Reforms, Opportunities, and Challenges for State-Owned Enterprises by Edimon Ginting,Kaukab Naqvi Pdf

Author : Lawrence L. C. Lee
Publisher : Unknown
Page : 70 pages
File Size : 52,8 Mb
Release : 1998
Category : Banking law
ISBN : STANFORD:36105021862417

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The Development of Banking in Taiwan by Lawrence L. C. Lee Pdf

Author : John Norman Benson,Fraser Institute (Vancouver, B.C.)
Publisher : Unknown
Page : 144 pages
File Size : 41,5 Mb
Release : 1978
Category : Banks and banking
ISBN : UCLA:L0050036771

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Provincial Government Banks by John Norman Benson,Fraser Institute (Vancouver, B.C.) Pdf

From the back cover: Can national financial institutions, such as banks, function in a country as regionally diverse as Canada without seeming to discriminate between the regions...This book...considera a very real and specific aspect of the sharing of regulatory power within Confederation. The results of Benson's study indicate that national policies, pursued either by governments or by private sector firms, may well produce different results in different regions. This regional dieversity is often interpreted as discrimination and because of it provincial governments are sometimes led to take countrevailling action. The concept of a provincial government is one such response.

Author : Raphael Zimmermann Robiatti
Publisher : Springer Nature
Page : 232 pages
File Size : 43,9 Mb
Release : 2021-08-17
Category : Business & Economics
ISBN : 9783658347284

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National Development Banks in South America by Raphael Zimmermann Robiatti Pdf

This book features an in-depth comparative study of South American National Development Bank’s governance systems. It explores the relationship between bank governance and performance frameworks, both in terms of financial-economic indicators and development impact. It seeks to observe, analyze, and compare governance arrangements used by different development banks as tools to overcome the challenges associated with state-ownership while remaining financially sustainable and aligned with their policy mandates.