000 02368nam a2200277 a 4500
003 arcduce
005 20240522222506.0
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008 100225s1998 dcu||||| |||| 00| 0 eng d
020 _a0821342916
040 _aarcduce
_carcduce
082 0 _a332.1532
100 _aMathieu, Nicolas
245 1 0 _aFinancial sector reform /
_cNicolas Mathieu.
260 _aWashington, D.C. :
_bWorld Bank,
_c1988
300 _axvi, 86 p. :
_bil.
490 0 _aWorld Bank operations evaluation study ;
_x1011-0984
504 _aIncluye bibliografía.
505 0 _aAcknowledgments -- Foreword, prefacio, préface -- Executive summary, resumen, résumé analytique -- 1. The evaluation framework -- 2. Financial sector reform operations -- 3. Institutional development -- 4. Liberalization and financial crises -- 5. Bank performance -- 6. Conclusions and recommendations -- Endnotes -- Bibliography -- Annexes -- Boxes -- Figures -- Tables.
520 _aThis study analyzes the role of the Bank in helping client countries to implement financial sector reforms. It focuses on the country as the unit of analysis, rather than individual loans, and on performance indicators in the financial and real sectors. Even without full incorporation of lessons still to be drawn from recent East Asia crisis, this study find a satisfactory outcome in only 12 of the 23 countries that it examines. Initial conditions appear to be significant in determining the outcome of reforms, and prior sector work is important for ensuring that policy reforms in Bank loans reflect a country ' s initial conditions. In general, adjustment loans are more successful and more sustainable in promoting institutional development than are financial intermediaries loans. The main recommendations of the study are that the internal guidelines of financial sector operations provide a valid framework for preparing operations in support of financial sector reforms. The Bank should go beyond these guidelines, however, by incorporating best practices on both substantive issues and Bank processes, after sufficient time has elapsed to evaluate and learn from recent developments in East Asia.
650 4 _aINSTITUCIONES FINANCIERAS
_91091
650 4 _aREFORMA FINANCIERA
_92861
653 4 _aENTIDADES FINANCIERAS
710 _aBanco Mundial
942 _cLIBR
_j332.1532 M 47962
_2ddc
999 _c16731
_d16731