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Can foreign banks bridge the information gap to boost exports?

Shawn W. Tan's picture

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On the outskirts of Marrakesh’s historic medina, amid bustling construction and new housing developments, the Partnership for Market Readiness’ governing group gathered this month for its final meeting of 2013.

After nearly three years of operation, this group of 30 countries has much to be proud of.

So far, nearly $30 million in grant funding has been allocated to 16 nations to support the design and development of market approaches to greenhouse gas emission reductions. A one-of-a-kind platform to exchange ideas and lessons on market approaches to mitigation has been created. And a technical work program has been launched to support country implementation of critical tools such as data management systems, offset standards, and policy mapping exercises.

Insulating Foreign Bank Subsidiaries from Shocks to Their Parents

Maria Soledad Martinez Peria's picture
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“At 14:28:04 on May 12, 2008, an 8.0 earthquake struck suddenly, shaking the earth, with mountains and rivers shifted, devastated, and parted forever….” This was how China’s official report read, when describing the catastrophic consequences of the Sichuan earthquake, which left 5,335 students dead or missing.
 
Just two years ago, in Nepal, on April 25, 2015, due to a Mw 7.8 earthquake, 6,700 school buildings collapsed or were affected beyond repair. Fortunately, it occurred on Saturday—a holiday in Nepal—otherwise the human toll could have been as high as that of the Sichuan disaster, or even worse. Similarly, in other parts of the world—Pakistan, Bangladesh, Philippines, Haiti, Ecuador, and most recently Mexico—schools suffered from the impact of natural hazards. 
 
Why have schools collapsed?

Bank Lending to SMEs: How Much Does Type of Bank Ownership Matter?

Asli Demirgüç-Kunt's picture

La vice presidenta Pamela Cox alaba el crecimiento económico de la región durante la Conferencia de las Américas, pero advirte que se debe hacer más para mejorar la productividad e innovación.