Public financial institutions in developed countries : organization and oversight /
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Author / Creator: | Ratnovski, Lev, author. |
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Imprint: | Washington, D.C. : International Monetary Fund, Monetary and Capital Markets Dept., ©2007. |
Description: | 1 online resource (28 pages) |
Language: | English |
Series: | IMF working paper, 2227-8885 ; WP/07/227 IMF working paper ; WP/07/227. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12496691 |
Summary: | While public financial institutions (such as public development banks) are commonly associated with developing countries, in fact they are prevalent in the developed world as well. We study a sample of public financial institutions in industrialized countries and identify dominant trends in their organization and oversight. While practices in developed countries may be a useful reference point, a more nuanced approach, accounting for the disparity of institutional environment, regulatory capacity, and government accountability and effectiveness, may be required in developing countries. Further investment in the accumulation of evidence and formulation of best practices in the organization and oversight of public financial institutions seems warranted and necessary. This paper was prepared while Mr. Ratnovski was working in the Financial Supervision and Regulation Division during January-April 2006. The authors are grateful to Jonathan Fiechter, David Marston, and participants of an MCM seminar in April 2006 for their helpful comments. |
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Physical Description: | 1 online resource (28 pages) |
Format: | Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. |
Bibliography: | Includes bibliographical references (page 28). |
ISBN: | 1282392174 9781282392175 1451912447 9781451912449 9781451867916 1451867913 1462317472 9781462317479 1452752125 9781452752129 9786613820600 6613820601 |
ISSN: | 2227-8885 ; |