Smart Development Banks

Eduardo Fernández‐Arias1, Ricardo Hausmann2, Ugo Panizza3,4
1Research Department, Inter-American Development Bank, Washington, D. C., USA
2Kennedy School, Center for International Development, Harvard University, Cambridge, USA
3CEPR, London, England
4Graduate Institute, Geneva, Geneva, Switzerland

Tóm tắt

Từ khóa


Tài liệu tham khảo

Anginer D, de la Torre A, Ize A (2014) Risk-bearing by the state: when is it good public policy? Journal of Financial Stability, Volume 10:76–86

Arrow K, Lind R (1970) Uncertainty and the evaluation of public investment decisions. Am Econ Rev 60:364–378

Banerjee AV, Banerji R, Duflo E, Glennerster R, Khemani S (2010) Pitfalls of participatory programs: evidence from a randomized evaluation in education in India. American Economic Journal: Economic Policy, American Economic Association, vol 2(1):1–30

Colby, Seth 2013. Searching for institutional solutions to industrial policy challenges: a case study of the Brazilian development bank. PhD Thesis Johns Hopkins SAIS

Cornick J, Bo ED, Fernandez-Arias E, Rivas G, Stein E (2018) Building capabilities for productive development policies. IDB Book Publication

Da Rin M, Hellmann T (2002) Banks as catalysts for industrialization. J Financ Intermed 11(4):366–397

De la Torre, Augusto, Carlos Gozzi, and Sergio Schmukler 2007. Innovative experiences in access to finance: market friendly roles for the visible hand? World Bank working paper WPS4326, August

de Luna-Martinez, Jose & Vicente, Carlos Leonardo, 2012 .Global survey of development banks. Policy Research Working Paper Series 5969, The World Bank

Duflo E, Kremer M, Glennerster R (2008) Using randomization in development economics research: a toolkit. In: Schultz T, Strauss J (eds) chpt. 15Handbook of development Economics,Vol. 4. Elsevier Sci. Ltd. North Holl, Amsterdam

Fernandez-Arias E, Sabel C, Stein E, Trejos A (2016) Two to tango: public-private collaboration for productive development policies. IDB Book Publication

Gerschenkron A (1962) Economic backwardness in historical perspective, a book of essays. Belknap Press of Harvard University Press, Cambridge

Griffith-Jones S, Ocampo JA (2018) The future of national development banks. Oxford University Press, Oxford

Gutierrez E, Rudolph H, Homa T, Beneit E (2011) Development banks: role and mechanisms to increase their efficiency. In: Policy research working paper series 5729. Bank, The World

Hart O, Shleifer A, Vishny R (1997) The proper scope of government: theory and an application to prisons. Q J Econ 112(4):1127–1161

Holmstrom B, Milgrom P (1991) Multitask principal-agent analyses: incentive contracts, asset ownership, and job design. J Law Econ Org 7:24–52

IDB (2014) Rethinking productive development: sound policies and institutions for economic transformation. Inter-American Development Bank, Washington DC

Inter-American Development Bank (2005) Unlocking credit: the quest for deep and stable bank lending. Inter-American Development Bank, Washington DC

Karlan D, Zinman J (2010) Expanding credit access: using randomized supply decisions to estimate the impacts. Rev Financ Stud 23(1):433–464

Leland, Hayne E and David Pyle, David 1977. Informational asymmetries, financial structure, and financial intermediation. J Financ, 32(2), 371–387

Lewis A (1955) Theory of economic growth. Allen and Unwin Ltd., London

Yeyati L, Eduardo AM, Panizza U (2007) A reappraisal of state-owned bank. Economía 7(2):209–247

Micco A, Panizza U, Yanez M (2007) Bank ownership and performance. Does politics matter? J Bank Financ 31(1):219–241

Murphy KM, Shleifer A, Vishny R (1989) Industrialization and the big push. J Polit Econ 97(5):1003–1026

Rosenstein-Rodan P (1961) Notes on the theory of the big push. In: Ellis H, Wallich H (eds) Economic development for Latin America, St Martin’s New York

Rudolph H (2009) State financial institutions: mandates, governance and beyond. In: Policy research working paper series, 5141. Bank, The World

Schreiner M, Yaron J (2001) Development finance institutions: measuring their subsidy. World Bank, Washington DC

Scott D (2007) Strengthening the governance and performance of state-owned financial institutions. In: Policy research working paper series 4321. Bank, The World

Stiglitz J (1994) “The role of the state in financial markets”. In: Proceedings of the World Bank Conference on Development Economics, World Bank, Washington, DC

World Bank (2013) Rethinking the role of the state in finance, global financial development report. World Bank, Washington, DC