Institution
World Bank
Other•Washington D.C., District of Columbia, United States•
About: World Bank is a other organization based out in Washington D.C., District of Columbia, United States. It is known for research contribution in the topics: Population & Poverty. The organization has 7813 authors who have published 21594 publications receiving 1198361 citations. The organization is also known as: World Bank, WB & The World Bank.
Topics: Population, Poverty, Developing country, Free trade, Productivity
Papers published on a yearly basis
Papers
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TL;DR: In this paper, the authors test whether there is a causal relationship between insurance market activity (life and non-life insurance) and economic growth, and they find robust evidence of a positive and significant causal effect on economic growth.
Abstract: Insurance market activity, both as a financial intermediary and a provider of risk transfer and indemnification, may contribute to economic growth by allowing different risks to be managed more efficiently and by mobilizing domestic savings. During the past decade, there has been faster growth in insurance market activity, particularly in emerging markets given the process of liberalization and financial integration, which raises questions about its impact on economic growth. The author tests whether there is a causal relationship between insurance market activity (life and nonlife insurance) and economic growth. Using the generalized method of moments for dynamic models of panel data for 56 countries and for the 1976-2004 period, he finds robust evidence of a causal relationship between insurance market activity and economic growth. Both life and nonlife insurance have a positive and significant causal effect on economic growth. High-income countries drive the results in the case of life insurance. On the other hand, both high-income and developing countries drive the results in the case of nonlife insurance.
280 citations
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TL;DR: In this paper, the authors review the literature on the relation between finance and growth and discuss the relationship between financial sector policies and economic development, concluding that governments play a central role in shaping the operation of financial systems and the degree to which large segments of the financial system have access to financial services.
Abstract: In this paper, authors first review the literature on the relation between finance and growth. Theory provides ambiguous predictions concerning the question of whether financial development exerts a positive, causative impact on long-run economic growth. The second part of this paper reviews the literature on the historical and policy determinants of financial development. Governments play a central role in shaping the operation of financial systems and the degree to which large segments of the financial system have access to financial services. The authors discuss the relationship between financial sector policies and economic development. The remainder of the paper proceeds as follows. Sections one and two review theory and evidence on the relation between finance and growth. Section three turns to an examination of financial sector policies, and section four concludes.
280 citations
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TL;DR: A review of the literature on medical compliance showed that compliance with iron therapy is a specific case of medical compliance, and unavailability of iron supplements was the most common reason why women did not take iron supplements.
280 citations
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TL;DR: In this paper, the authors studied whether compliance with the Basel Core Principles for Effective Banking Supervision (BCP) improves bank soundness and found that compliance with BCP compliance assessments provides a unique source of information about the quality of bank supervision and regulation around the world.
Abstract: This paper studies whether compliance with the Basel Core Principles for Effective Banking Supervision (BCP) improves bank soundness BCP compliance assessments provide a unique source of information about the quality of bank supervision and regulation around the world The authors find a significant and positive relationship between bank soundness (measured with Moody's financial strength ratings) and compliance with principles related to information provision Specifically, countries that require banks to report regularly and accurately their financial data to regulators and market participants have sounder banks This relationship is robust to controlling for broad indexes of institutional quality, macroeconomic variables, sovereign ratings, as well as reverse causality Measuring soundness through z-scores yields similar results The findings emphasize the importance of transparency in making supervisory processes effective and strengthening market discipline Countries aiming to upgrade banking regulation and supervision should consider giving priority to information provision over other elements of the Core Principles
280 citations
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TL;DR: Jaffee and Henson as discussed by the authors examined the underlying evidence related to the changing standards environment and its impact on existing and potential developing country exporters of high-value agricultural and food products.
Abstract: The proliferation and increased stringency of food safety and agricultural health standards is a source of concern among many developing countries. These standards are perceived as a barrier to the continued success of their exports of high-value agro-food products (including fish, horticultural, and other products), either because these countries lack the technical and administrative capacities needed for compliance or because these standards can be applied in a discriminatory or protectionist manner. Jaffee and Henson draw on available literature and work in progress to examine the underlying evidence related to the changing standards environment and its impact on existing and potential developing country exporters of high-value agricultural and food products. The evidence the authors present, while only partial, suggests that the picture for developing countries as a whole is not necessarily problematic and certainly less pessimistic than the mainstream standards-as-barriers perspective. Indeed, rising standards serve to accentuate underlying supply chain strengths and weaknesses and thus impact differently on the competitive position of individual countries and distinct market participants. Some countries and industries are even using high quality and safety standards to successfully (re-)position themselves in competitive global markets. This emphasizes the importance of considering the effects of food safety and agricultural health measures within the context of wider capacity constraints and underlying supply chain trends and drivers. The key question for developing countries is how to exploit their strengths and overcome their weaknesses such that they are gainers rather than losers in the emerging commercial and regulatory context. This paper - a product of the International Trade Department, Poverty Reduction and Economic Management Network - is part of a larger effort in the network to understand the challenges and opportunities facing developing countries associated with evolving international standards for food and other products.
280 citations
Authors
Showing all 7881 results
Name | H-index | Papers | Citations |
---|---|---|---|
Joseph E. Stiglitz | 164 | 1142 | 152469 |
Barry M. Popkin | 157 | 751 | 90453 |
Dan J. Stein | 142 | 1727 | 132718 |
Asli Demirguc-Kunt | 137 | 429 | 78166 |
Elinor Ostrom | 126 | 430 | 104959 |
David Scott | 124 | 1561 | 82554 |
Ross Levine | 122 | 398 | 108067 |
Barry Eichengreen | 116 | 949 | 51073 |
Martin Ravallion | 115 | 570 | 55380 |
Kenneth H. Mayer | 115 | 1351 | 64698 |
Angus Deaton | 110 | 363 | 66325 |
Timothy Besley | 103 | 368 | 45988 |
Lawrence H. Summers | 102 | 285 | 58555 |
Shang-Jin Wei | 101 | 415 | 39112 |
Thorsten Beck | 99 | 373 | 62708 |