E-commerce is a valuable alternative source of income during the pandemic. Digital merchants appeared to be more resilient than general firms in terms of keeping their business going during the pandemic...
Whereas, it is expedient to amend the Securities Businessperson (Merchant Banker) Regulations, 2008; in exercise of the powers conferred by Section 116 of the Securities Act, 2007, the Securities Board...
The main objective of this report is to introduce Korea’s experiences in the resolution of non-performing assets (NPAs) after the 1997 financial crisis. Starting with the descriptions over the situation...
The Bangladesh stock market experienced significant volatility in late 2010 and early 2011 which took stock values high above fundamentals and threatened the stability of the financial system. This note...
The authors assess the effect of privatization on performance in a panel of Nigerian banks for the period 1990-2001. They find evidence of performance improvement in nine banks that were privatized, which...
This report reviews the development of the Korean bond market to determine its lessons for China's bond market, which is rapidly expanding. Korea's former regulatory regime and market practices were similar...
Growth in East Asia, including that of the crisis-affected countries has strengthened progressively-despite the magnitude of the shocks experienced during the financial crisis and their effects on the...
The Bank Restructuring and Debt Management Program Adjustment Loan Project, will support both the sale of one large bank, and the progress in restructuring two financial institutions. The operation will...
Taking the Korean experience as a laboratory experiment in systemic financial crises, the authors analyze distress in individual institutions among two groups of financial intermediaries. They pool together...
This report is a comprehensive review of the Nigerian financial system, covering the following areas: i) macro-financial environment; ii) safety and soundness of the banking system; iii) banking supervision;...
The author uses a linear programming technique (data envelopment analysis) to estimate the inefficiencies of banks in Indonesia, the Republic of Korea, Malaysia, the Philippines, and, Thailand. He applies...
The author provides a descriptive analysis of credit and monetary policies in Malaysia and investigates the distributional consequences of monetary policy there by focusing on small and medium-size industries...
The assessment of the project was satisfactory, and sustainability is likely. The project was successful in the establishment of a medium-term framework for structural reform in financial, corporate, and...
The overall outcome of the project was satisfactory. The relevance of the project's policy measures are reflected by subsequent structural adjustments loans (SAL), which further strengthen the reform program...
The Structural Adjustment Loan Project supports Korea's program of structural reforms. It builds on the work initiated under the Economic Reconstruction Loan, approved on December 23, 1997. The project...
This news release, dated December 23, 1997, announces the World Bank approved a United States (U.S.) 3 billion dollars economic reconstruction loan to Korea to help the country recover from financial crisis.
The Economic Reconstruction Project supports the Republic of Korea's rapid initiation of a program of actions, objectives, and policies designed to achieve economic reconstruction through long-term stabilization...