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Kazakhstan and Uzbekistan. Rapid increase in defaults poses a threat to financial stability of the two economies. From a social standpoint, excessive debt can decrease households’ disposable…
Catastrophe bonds, also known as #catbonds, brings diversification to investment portfolios and provides robust performance in good and bad times. What could a cat bond for a Central Asian country…
Banking supervisors in Central Asia need to be prepared for a potentially sharp rise in NPLs. A recent World Bank policy paper assesses the NPL resolution framework in four Central Asian countries…
Uzbekistanis save as much as people in other developing countries, don’t use banks or other financial institutions to deposit their savings. As a result, most women follow the example of friends…
The key to bridge the gap between infrastructure and climate is optimizing scarce public spending in order to generate more private sector participation. There are a number of ways to do this that…
Learn more about the potential of the sovereign green, social and sustainability bond market to mobilize private capital.
Businesses worldwide feel the repercussions of the Russian invasion of Ukraine, but how exactly is the private sector faring in Central Asia—a region with deep trade and investment ties to Russia…
What needs to be done then to promote financial wellbeing for more people in Central Asia?
This blog documents Uzbekistan's steps in transitioning to a market economy. It uses comparative analysis and accompanying literature to review issues countries experience while transitioning…
The global response to the COVID-19 outbreak mirrors the approach that IFC is using to tackle the climate crisis: that investors, businesses and financial institutions must lead the way to a new,…