Publication:
Strengthening Financial Systems in Developing Countries: The Case for Incentives-Based Financial Sector Reforms

dc.contributor.authorBossone, Biagio
dc.contributor.authorPromisel, Larry
dc.date.accessioned2017-06-13T20:01:29Z
dc.date.available2017-06-13T20:01:29Z
dc.date.issued2012
dc.description.abstractAn international cooperative effort has been focused on the need to reduce financial fragility and systemic risks in global financial markets. Work is proceeding in three different areas: enhancing financial market transparency, improving the international financial architecture, and strengthening financial systems. Strengthening financial systems (the focus of this paper) means cooperating to promote principles and sound practices for financial stability through development of well-functioning financial systems and market discipline. Financial sector reform and development is much more than setting rules, articulating standards, approving legislation, and creating new institutions. All are important but ultimately behavior must be changed if there is to be meaningful and lasting financial reform. For that reason, this paper emphasizes the role of incentives to induce appropriate behavior. Developing countries have made important progress toward improved financial supervision in the past few years. Reforming financial sectors is a lengthy and complex process of institution building and incentive reorientation, whose success requires full ownership of, and participation in, the process by society and its government.en
dc.identifierhttp://documents.worldbank.org/curated/en/484681468155968806/Strengthening-financial-systems-in-developing-countries-the-case-for-incentives-based-financial-sector-reforms
dc.identifier.doi10.1596/27109
dc.identifier.urihttps://hdl.handle.net/10986/27109
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectACCOUNTABILITY
dc.subjectACCOUNTING
dc.subjectACCOUNTING PRACTICES
dc.subjectACCOUNTING PRINCIPLES
dc.subjectAFFILIATES
dc.subjectARBITRAGE
dc.subjectAUDITING
dc.subjectAUDITORS
dc.subjectBAILOUTS
dc.subjectBANK FAILURES
dc.subjectBANK FOR INTERNATIONAL SETTLEMENTS
dc.subjectBANK LIQUIDITY
dc.subjectBANK LOANS
dc.subjectBANK PRIVATIZATION
dc.subjectBANK RECAPITALIZATION
dc.subjectBANKING CRISES
dc.subjectBANKING INDUSTRY
dc.subjectBANKING REGULATION
dc.subjectBANKING SERVICES
dc.subjectBANKING SYSTEM
dc.subjectBANKING SYSTEMS
dc.subjectBANKS
dc.subjectBASLE ACCORD
dc.subjectBONDS
dc.subjectBORROWER
dc.subjectBORROWING COSTS
dc.subjectBROAD MONEY
dc.subjectCAPITAL ADEQUACY
dc.subjectCAPITAL ALLOCATIONS
dc.subjectCAPITAL BASE
dc.subjectCAPITAL FLOWS
dc.subjectCAPITAL MARKET
dc.subjectCAPITAL MARKET DEVELOPMENT
dc.subjectCAPITAL MARKETS
dc.subjectCAPITAL REQUIREMENTS
dc.subjectCAPITALIZATION
dc.subjectCENTRAL BANKS
dc.subjectCLEARING BANKS
dc.subjectCLEARING HOUSE
dc.subjectCLEARING HOUSES
dc.subjectCOMMERCIAL BANK
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMERCIAL BANKS CREDIT
dc.subjectCOMMERCIAL PROPERTY
dc.subjectCOMMUNITY BANKS
dc.subjectCONSOLIDATED SUPERVISION
dc.subjectCORPORATE DEBT
dc.subjectCORPORATE GOVERNANCE
dc.subjectCREDIBILITY
dc.subjectCREDIT ASSESSMENT
dc.subjectCREDIT DISCIPLINE
dc.subjectCREDIT EXPANSION
dc.subjectCREDIT RISK
dc.subjectCREDITORS
dc.subjectCREDITWORTHY BORROWERS
dc.subjectCRISIS COUNTRIES
dc.subjectDEBT
dc.subjectDEBT CRISIS
dc.subjectDEPOSIT
dc.subjectDEPOSIT INSURANCE
dc.subjectDEPOSIT INSURANCE SCHEMES
dc.subjectDEPOSITORS
dc.subjectDEPOSITS
dc.subjectDEVELOPING COUNTRIES
dc.subjectDISINTERMEDIATION
dc.subjectDOMESTIC BANKS
dc.subjectDOMESTIC BORROWING
dc.subjectDOMESTIC CAPITAL
dc.subjectDOMESTIC CAPITAL MARKETS
dc.subjectDOMESTIC FINANCIAL MARKETS
dc.subjectDOMESTIC MARKET
dc.subjectDOMESTIC MARKETS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectEMERGING ECONOMIES
dc.subjectEMPLOYMENT
dc.subjectEQUITIES
dc.subjectEQUITY MARKETS
dc.subjectEXCHANGE RATE
dc.subjectEXTERNALITIES
dc.subjectFEDERAL DEPOSIT INSURANCE
dc.subjectFEDERAL DEPOSIT INSURANCE CORPORATION
dc.subjectFINANCIAL CRISES
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL DISTRESS
dc.subjectFINANCIAL FRAGILITY
dc.subjectFINANCIAL INFORMATION
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL LIBERALIZATION
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL MARKET
dc.subjectFINANCIAL MARKET PARTICIPANTS
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL REFORM
dc.subjectFINANCIAL REGULATION
dc.subjectFINANCIAL RISK
dc.subjectFINANCIAL SECTOR DEVELOPMENT
dc.subjectFINANCIAL SERVICES
dc.subjectFINANCIAL STABILITY
dc.subjectFINANCIAL STRENGTH
dc.subjectFINANCIAL STRUCTURE
dc.subjectFINANCIAL SYSTEM
dc.subjectFINANCIAL SYSTEMS
dc.subjectFINANCIAL TRANSACTIONS
dc.subjectFLOW OF INFORMATION
dc.subjectFOREIGN BANK
dc.subjectFOREIGN BANKS
dc.subjectFOREIGN ENTRY
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN FINANCIAL INSTITUTIONS
dc.subjectFOREIGN INVESTMENT
dc.subjectGLOBAL ECONOMY
dc.subjectGOVERNMENT INTERVENTION
dc.subjectHUMAN CAPITAL
dc.subjectHUMAN RESOURCES
dc.subjectIMPLICIT GOVERNMENT GUARANTEE
dc.subjectIMPLICIT GOVERNMENT GUARANTEES
dc.subjectINCOME LEVEL
dc.subjectINDEBTEDNESS
dc.subjectINFORMAL FINANCE
dc.subjectINFORMAL FINANCIERS
dc.subjectINSTITUTIONAL INVESTORS
dc.subjectINTEREST RATES
dc.subjectINTERNAL CONTROLS
dc.subjectINTERNATIONAL CAPITAL
dc.subjectINTERNATIONAL MARKETS
dc.subjectINVENTORY
dc.subjectINVESTMENT OPPORTUNITIES
dc.subjectINVESTMENT STRATEGIES
dc.subjectINVESTOR BASE
dc.subjectLAWS
dc.subjectLEGAL RIGHTS
dc.subjectLEGAL SYSTEM
dc.subjectLEGAL SYSTEMS
dc.subjectLEGISLATION
dc.subjectLENDER OF LAST RESORT
dc.subjectLENDERS
dc.subjectLIQUIDATION
dc.subjectLYON
dc.subjectMACROECONOMIC STABILITY
dc.subjectMACROECONOMIC STABILIZATION
dc.subjectMARKET CAPITALIZATION
dc.subjectMARKET DATA
dc.subjectMARKET DEVELOPMENT
dc.subjectMARKET DISCIPLINE
dc.subjectMARKET ECONOMIES
dc.subjectMARKET ENTRY
dc.subjectMARKET FAILURES
dc.subjectMARKET INFRASTRUCTURES
dc.subjectMARKET LIQUIDITY
dc.subjectMARKET RISKS
dc.subjectMARKET TRANSPARENCY
dc.subjectMARKET VALUE
dc.subjectMATURITY
dc.subjectMATURITY SPECTRUM
dc.subjectMERCHANT BANKS
dc.subjectMONEY CENTER BANKS
dc.subjectMORAL HAZARD
dc.subjectNATURAL RESOURCES
dc.subjectOPEN MARKETS
dc.subjectOPPORTUNITY COST
dc.subjectPAYMENT SYSTEMS
dc.subjectPENALTIES
dc.subjectPENSION
dc.subjectPENSION REFORM
dc.subjectPOLITICAL STABILITY
dc.subjectPORTFOLIO
dc.subjectPORTFOLIOS
dc.subjectPRICE SETTING
dc.subjectPRIVATE BANKS
dc.subjectPRIVATE DEBT
dc.subjectPRIVATIZATION
dc.subjectPRODUCTIVITY
dc.subjectPROFIT OPPORTUNITIES
dc.subjectPROFITABILITY
dc.subjectPROPERTY TAXES
dc.subjectPRUDENTIAL REGULATION
dc.subjectPRUDENTIAL SUPERVISION
dc.subjectRATING AGENCIES
dc.subjectREAL SECTOR
dc.subjectRECAPITALIZATION
dc.subjectREGULATORY FRAMEWORK
dc.subjectREGULATORY PRACTICES
dc.subjectREGULATORY SYSTEMS
dc.subjectREORGANIZATION
dc.subjectRESERVE ASSETS
dc.subjectRESERVE REQUIREMENTS
dc.subjectRESOURCE ALLOCATION
dc.subjectRETURN
dc.subjectRETURNS
dc.subjectRISK CONTROL
dc.subjectRISK EXPOSURES
dc.subjectRISK MANAGEMENT
dc.subjectRISK TAKING
dc.subjectSAFETY NETS
dc.subjectSAVINGS
dc.subjectSECURITIES
dc.subjectSETTLEMENT
dc.subjectSHARE OF CREDIT
dc.subjectSTOCK MARKET
dc.subjectSTOCK MARKETS
dc.subjectSTRUCTURAL ADJUSTMENT
dc.subjectSUBORDINATED DEBT
dc.subjectSUBSIDIARIES
dc.subjectSUPERVISORY AUTHORITIES
dc.subjectSUPERVISORY REGIMES
dc.subjectSYSTEMIC RISK
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTELECOMMUNICATIONS
dc.subjectTRANSACTION COSTS
dc.subjectTRANSACTIONS COSTS
dc.subjectTRANSITION ECONOMIES
dc.subjectTURNOVER
dc.subjectWITHDRAWAL
dc.subjectWITHDRAWAL OF FUNDS
dc.titleStrengthening Financial Systems in Developing Countriesen
dc.title.subtitleThe Case for Incentives-Based Financial Sector Reformsen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleStrengthening Financial Systems in Developing Countries
okr.date.disclosure2012-08-14
okr.date.doiregistration2025-05-05T11:53:08.723163Z
okr.doctypePublications & Research::Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/484681468155968806/Strengthening-financial-systems-in-developing-countries-the-case-for-incentives-based-financial-sector-reforms
okr.guid484681468155968806
okr.identifier.externaldocumentum000356161_20120816011702
okr.identifier.internaldocumentum16609233
okr.identifier.report71849
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/484681468155968806/pdf/718490WP00PUBL070092B0strengthening.pdfen
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicFinance and Financial Sector Development::Bankruptcy and Resolution of Financial Distress
okr.topicFinance and Financial Sector Development::Banks & Banking Reform
okr.topicFinance and Financial Sector Development::Finance and Development
okr.topicFinance and Financial Sector Development::Financial Regulation & Supervision
okr.unitClimate Change - D1-GCCCF - IBRD (GCCCF)
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