New PDF release: World Bank Group Guarantee Instruments-1990-2007: An

By World Bank

ISBN-10: 0821376799

ISBN-13: 9780821376799

Overseas direct funding and personal capital flows are hugely targeted geographically, with virtually half them achieving 5 most sensible locations. those flows are inclined to keep away from many high-risk nations. Regulatory and contractual hazards, rather in infrastructure, have inhibited investments in lots of components of the constructing international. A middle aim of the area financial institution crew (WBG) has been to aid the circulate of personal funding for improvement; promises and coverage were one of the tools that the WBG has used to pursue this target. This learn examines 3 major questions: • may still the WBG be within the warrantly enterprise? • Have warrantly tools within the 3 WBG associations been used to their strength as mirrored in WBG expectancies and perceived call for? • Is the WBG accurately equipped to bring its variety of warrantly items in a good and effective demeanour?

Show description

Read Online or Download World Bank Group Guarantee Instruments-1990-2007: An Independent Evaluation (Independent Evaluation Group Studies) PDF

Similar poverty books

Download PDF by George Psacharopoulos, Samuel Morley, Ariel Fiszbein,: Poverty and Income Distribution in Latin America: The Story

Hugely empirical research files elevate in poverty and irritating of source of revenue distribution in the course of Nineteen Eighties. Demonstrates that low degrees of schooling elevate prevalence of poverty and source of revenue inequality. facts supplied for person international locations. worthwhile info reference source--Handbook of Latin Americ

Read e-book online Cracker Culture: Celtic Ways in the Old South PDF

Cracker tradition is a provocative learn of social existence within the outdated South that probes the starting place of cultural changes among the South and the North all through American background. between Scotch-Irish settlers the time period “Cracker” before everything distinct anyone who boasted, yet in American utilization the note has come to designate terrible whites.

Download PDF by S. Tsang: The Vitality of Taiwan: Politics, Economics, Society and

As a rustic, Taiwan is among the such a lot brilliant, fascinating, vibrant and entrepreneurial on the earth. The participants demonstrate what underpins the power of Taiwan, studying the relevance of its democratic politics, civil society and the presence of an existential probability from China, in addition to the significance of its foreign enterprise nexus.

Get Portfolios of the Poor: How the World’s Poor Live on $2 a PDF

Approximately 40 percentage of humanity lives on an ordinary of 2 cash an afternoon or much less. If you have by no means needed to live to tell the tale on an source of revenue so small, it really is challenging to visualize. How might you place meals at the desk, have enough money a house, and train your kids? How might you deal with emergencies and previous age? on a daily basis, greater than a thousand million humans worldwide needs to solution those questions.

Extra resources for World Bank Group Guarantee Instruments-1990-2007: An Independent Evaluation (Independent Evaluation Group Studies)

Sample text

Both PCGs and PBGs are available only to IBRD countries and require a government counter-guarantee. World Bank PRGs. PRGs cover commercial lenders for a private sector project against default arising from a government-owned entity failing to perform its obligations. PRGs can cover changes in law, failure to meet contractual payment obligations, expropriation and nationalization, currency transfer and convertibility, nonpayment of a termination amount, failure to issue licenses in a timely manner, other risks to the extent they are covered by a contractual obligation of a government entity, and noncompliance with an agreed dispute resolution clause.

The policy recognized that guarantees were special purpose instruments that give IFC the flexibility to respond to a broad range of specific client needs and to fulfill its development objectives in ways that could not be met through direct lending. The policy emphasized the importance of guarantees in promoting the development of local capital markets. It made a choice in favor of IFC providing full-risk coverage instead of PRGs. In response to the limited use of guarantees, IFC revised its guarantee policy in 1997.

Insurance A practice or arrangement by which a company provides a guarantee of compensation for specified loss in return for payment of a premium. Nonhonoring of sovereign guarantees Failure of sovereign or subsovereign entities and some state-owned enterprises to satisfy direct debt obligations or guarantees. Novation Term used in contract and business law to describe the act of either replacing an obligation to perform with a new obligation or replacing a party to an agreement with a new party.

Download PDF sample

World Bank Group Guarantee Instruments-1990-2007: An Independent Evaluation (Independent Evaluation Group Studies) by World Bank

by Daniel

Rated 4.48 of 5 – based on 24 votes

Related posts