WBI Development Studies

22 items available

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These studies, sponsored by the World Bank Institute (WBI), seek to improve the understanding and capacity for reform of policymakers and practitioners in developing countries in the main economic and social areas.

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Now showing 1 - 2 of 2
  • Publication
    A Primer on Efficiency Measurement for Utilities and Transport Regulators
    (Washington, DC: World Bank, 2003-01) Coelli, Tim; Estache, Antonio; Perelman, Sergio; Trujillo, Lourdes
    This book is intended to help regulators learn about the tools needed to measure efficiency. It is based on lecture notes from courses the World Bank Institute offers in English, French and Spanish throughout the developing world and has benefited from feedback received during those courses. It provides an overview of the various dimensions of efficiency that regulators should be concerned with. It also summarizes the main quantification techniques available to facilitate decisions in the most common regulatory processes. The issues covered should be of particular interest to those policymakers and regulators interested in measuring relative efficiency and in implementing any incentive-based regulatory mechanism that requires the measurement of efficiency, such as price caps, revenue caps, or yardstick competition. The book focuses on methodology selection, data collection, and related issues. It provides readers with all the conceptual tools they need to make real-life decisions. It is also supported by a web site from which readers can download software they can use to implement the techniques described.
  • Publication
    Resolution of Financial Distress : An International Perspective on the Design of Bankruptcy Laws
    (Washington, DC: World Bank, 2001-05) Claesens, Stijn; Djankov, Simeon; Mody, Ashoka; Claesens, Stijn; Djankov, Simeon; Mody, Ashoka
    The institutions of bankruptcy have been at the center of the great economic events of the last decade, ranging from the Asian economic crisis, to the transition from socialism to capitalism. Our understanding of the economic, and legal structure of these institutions, as well as of their impact on economic development, has advanced considerably during this period as well. This study provides valuable information on the advances for resolution of financial distress, through theoretical studies, historical data, and evidence from recent worldwide experiences. It illustrates the possibilities, and methods of beneficial legal reform of bankruptcy procedures, as well as the pitfalls of misguided political action. The study is a timely, and valuable resource for economists, lawyers, and all others interested in institutional reform in emerging financial markets.