ABBREVIATIONS ADB — Asian Development Bank CAP — country assistance program CAPE — country assistance program evaluation CSP — country strategy and program DEC — Development Effectiveness Committee DG — director general DMC — developing member country DP — development partner EA — Executing Agency MDB — multilateral development bank MDG — Millennium Development Goal NGO — nongovernment organiza...

Purpose This paper investigates the effect of financial development on bank profitability. The authors examine whether is an important determinant Design/methodology/approach ordinary least square and generalized method moments regression methods were used to analyze impact profitability Nigerian banking sector. Findings find a significant negative relationship between system deposits GDP ratio...

Venture capital (VC) improves the nation’s innovative capacity by making investments in early stage businesses that offer high potential but high risk. This paper is concerned with the venture investment fund programmes in Thailand. In particular, the study describes and analyses the VC management of the Small and Medium Enterprise Development Bank of Thailand (SME Bank), the bank set up to hel...

The findings, interpretations, and conclusions expressed herein are those of the author(s) and do not necessarily reflect the views of the Board of Executive Directors of the World Bank or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The boundaries, colors, denominations, and other information shown on any map in this work do ...

The paper aims to investigate empirically the effects of several types of financial restraints on financial development for the case of the Iran. Two hypotheses addressed and discussed in the context of the McKinnon/Shaw and the monopoly bank model. A conditional co-integration model has been employed to carry out the empirical investigations. The long and short-run analysis show that fin...

This paper examines the association between government ownership and bank stability over 1997-2010 across a sample of 103 countries. With a continuous variable to proxy for government ownership, our system GMM estimates indicate that the association between government ownership and bank stability depends on a country’s economic development and regulatory quality. In developed, high income count...

This volume is a product of the staff of the International Bank for Reconstruction and Development / The World Bank. The fi ndings, interpretations, and conclusions expressed in this volume do not necessarily refl ect the views of the Executive Directors of The World Bank or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. The bou...