The World Bank Human Capital Index: A Guide

A guide to choosing absolute bank capital requirements

Resampling implementation of a stress-scenario approach to estimating portfolio default loss distributions is proposed as the basis for estimates of the appropriate absolute level of economic capital allocations for portfolio credit risk. Estimates are presented for stress scenarios of varying severity and implications of different time horizons are analyzed. Results for a numeraire portfolio a...

World Bank Directives, Domestic Interests, and the Politics of Human Capital Investment in Latin America

The Ideal of Non - Coherence in the World Bank ’ s Social Capital Reforms : A Textual

This paper presents an analysis of a World Bank document representing a version of the new ‘Social Capital’ approach of International Financial Institutions (IFIs). This stance involves a rhetorical reorientation away from a much criticized unilateral approach to the poor indebted countries and to a more bi-lateral and participatory attitude. Analysis suggests that this ‘post-ideological’ postu...

Scattering Geese: The Venture Capital Industries of East Asia: A Report to the World Bank

Competing Paradigms for Basic Education: Human Capital and Human Capabilities and What They Mean for the World Bank and UNESCO

This paper explores the history and philosophical ideas that have driven efforts to achieve universal primary and basic education since 1990. The paper focuses particularly on the role of UNESCO and the World Bank as primary multilateral agencies involved in international educational development debates and policy making. Using comparative policy analysis, the article examines the language of k...