World Bank Lending and Financial Sector Development:
Using a new database of World Bank loans to support financial sector development, the authors investigate whether countries that received such loans experienced more rapid growth on standard indicators of financial development than countries that did not. They account for self-selection with treatme...
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| Main Authors: | , |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C
The World Bank
2005
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| Subjects: | |
| Online Access: | Volltext |
| Summary: | Using a new database of World Bank loans to support financial sector development, the authors investigate whether countries that received such loans experienced more rapid growth on standard indicators of financial development than countries that did not. They account for self-selection with treatment effects regressions, and also use propensity score matching techniques. The authors ' results indicate that borrowing countries had significantly more rapid growth in M2/GDP than non-borrowers, and swifter reductions in interest rate spreads and cash holdings (as a share of M2). Borrowers also had higher private credit growth rates than non-borrowers in treatment effects regressions, but not in standard panel regressions with fixed country effects. On the whole, however, the results indicate significant advantages for borrowers over non-borrowers in terms of financial development |
| Physical Description: | 1 Online-Ressource (37 Seiten) |
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| 520 | 1 | |a Using a new database of World Bank loans to support financial sector development, the authors investigate whether countries that received such loans experienced more rapid growth on standard indicators of financial development than countries that did not. They account for self-selection with treatment effects regressions, and also use propensity score matching techniques. The authors ' results indicate that borrowing countries had significantly more rapid growth in M2/GDP than non-borrowers, and swifter reductions in interest rate spreads and cash holdings (as a share of M2). Borrowers also had higher private credit growth rates than non-borrowers in treatment effects regressions, but not in standard panel regressions with fixed country effects. On the whole, however, the results indicate significant advantages for borrowers over non-borrowers in terms of financial development | |
| 534 | |c 2005 | ||
| 653 | |a Adjustment | ||
| 653 | |a Adjustment Loan | ||
| 653 | |a Adjustment Loans | ||
| 653 | |a Banks and Banking Reform | ||
| 653 | |a Borrower | ||
| 653 | |a Borrowers | ||
| 653 | |a Borrowing | ||
| 653 | |a Borrowing Countries | ||
| 653 | |a Conditionality | ||
| 653 | |a Country Strategy and Performance | ||
| 653 | |a Debt Markets | ||
| 653 | |a Development Economics | ||
| 653 | |a Economic Adjustment and Lending | ||
| 653 | |a Economic Theory and Research | ||
| 653 | |a Emerging Markets | ||
| 653 | |a Finance and Financial Sector Development | ||
| 653 | |a Financial Institutions | ||
| 653 | |a Financial Literacy | ||
| 653 | |a Funds | ||
| 653 | |a Grants | ||
| 653 | |a Lending Programs | ||
| 653 | |a Lending Rate | ||
| 653 | |a Lending Services | ||
| 653 | |a Macroeconomics and Economic Growth | ||
| 653 | |a Poverty Reduction | ||
| 653 | |a Private Sector Development | ||
| 653 | |a Pro-Poor Growth | ||
| 653 | |a Structural Adjustment Loans | ||
| 653 | |a Technical Assistance Loans | ||
| 653 | |a World Bank | ||
| 653 | |a World Bank Lending | ||
| 653 | |a World Bank Loans | ||
| 700 | 1 | |a Effron, Laurie |e Verfasser |4 aut | |
| 776 | 0 | 8 | |i Reproduktion von |a Cull, Robert |t World Bank Lending and Financial Sector Development |d 2005 |
| 856 | 4 | 0 | |u https://hdl.handle.net/10986/8214 |x Verlag |z URL des Erstveröffentlichers |3 Volltext |
| 912 | |a ZDB-1-WBA | ||
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| author | Cull, Robert J. Effron, Laurie |
| author_GND | (DE-588)129548464 |
| author_facet | Cull, Robert J. Effron, Laurie |
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| bvnumber | BV040618261 |
| collection | ZDB-1-WBA |
| ctrlnum | (ZDB-1-WBA)093222084 (OCoLC)874233434 (DE-599)GBVNLM005458234 |
| discipline | Wirtschaftswissenschaften |
| format | Electronic eBook |
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| indexdate | 2025-03-13T04:01:04Z |
| institution | BVB |
| language | English |
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| physical | 1 Online-Ressource (37 Seiten) |
| psigel | ZDB-1-WBA |
| publishDate | 2005 |
| publishDateSearch | 2005 |
| publishDateSort | 2005 |
| publisher | The World Bank |
| record_format | marc |
| spellingShingle | Cull, Robert J. Effron, Laurie World Bank Lending and Financial Sector Development |
| title | World Bank Lending and Financial Sector Development |
| title_auth | World Bank Lending and Financial Sector Development |
| title_exact_search | World Bank Lending and Financial Sector Development |
| title_full | World Bank Lending and Financial Sector Development Cull, Robert |
| title_fullStr | World Bank Lending and Financial Sector Development Cull, Robert |
| title_full_unstemmed | World Bank Lending and Financial Sector Development Cull, Robert |
| title_short | World Bank Lending and Financial Sector Development |
| title_sort | world bank lending and financial sector development |
| url | https://hdl.handle.net/10986/8214 |
| work_keys_str_mv | AT cullrobertj worldbanklendingandfinancialsectordevelopment AT effronlaurie worldbanklendingandfinancialsectordevelopment |