Description
Oxford The Future of National Development Banks 2019 Edition by Stephany Griffith-Jones, Jose Antonio Ocampo
For a long time the topic of national development banks was limited to a debate between admirers and detractors of these institutions, often inserted into a more general debate of state versus markets. Since the 2007/8 North Atlantic financial crisis however, interest and support for these institutions has broadly increased in both developing and developed countries. Key issues such as understanding how development banks work, what their main aims are, and what their_x000D_links with the private financial and corporate sector are have come to the forefront, and there is an increased interest in what instruments, incentives, and governance work better in general and in particular contexts._x000D__x000D_The Future of National Development Banks provides an in-depth study of several key examples of these institutions based in Brazil, Chile, China, Colombia, Germany, Mexico, and Peru. It explores horizontal issues such as their role in innovation and structural change, sustainable infrastructure financing, financial inclusion, and regulatory rules. It provides both research and policy-oriented perspectives on how these banks can make a significant contribution to a countries'_x000D_development, and analyses their roles within broader economic policy, their governance, and the main instruments they use to perform their function._x000D__x000D_The Future of National Development Banks has important policy implications for countries that have these institutions and can improve them, and countries that do not have them yet and can learn from best practice._x000D_ Table of Contents :- _x000D_
1: Stephany Griffith-Jones, Jose Antonio Ocampo, Felipe Rezende, Alfredo Schclarek, and Michael Brei: The Future of National Development Banks_x000D_
Part I: Case Studies_x000D_
2: Qiyuan Xu: China Development Bank: Born Bankrupt, Born Shaper_x000D_
3: Ulf Moslener, Matthias Thiemann, and Peter Volberding: National Development Banks as Active Financiers: The Case of KfW_x000D_
4: Rogerio Studart and Luma Ramos: The Future of Development Banks: The Case of Brazil's BNDES_x000D_
5: Juan Carlos Moreno-Brid, Esteban Perez Caldentey, and Laura Valdez: Changing Challenges in the Modernization of Nacional Financiera: Mexico's Key Development Bank_x000D_
6: Stephany Griffith-Jones, Maria Luz Martinez Sola, and Javiera Petersen: The role of CORFO in Chile's Development: Achievements and Challenges_x000D_
7: Jose Antonio Ocampo and Paola Arias: Colombia's System of National Development Banks_x000D_
8: Oscar Dancourt and Renzo Jimenez: The Experience of Development Banking in Peru: 1990-2015_x000D_
Part II: Thematic Issues_x000D_
9: Lavinia Barros de Castro: Financial Regulation and Risk Management in Development Banks_x000D_
10: Mariana Mazzucato and Caetano C.R. Penna: National Development Banks and Mission-Oriented Finance for Innovation_x000D_
11: Michael Brei and Alfredo Schclarek: The Countercyclical Behavior of National Development Banks in Latin America and the Caribbean_x000D_
12: Felipe Carvalho de Rezende: Financial Stability and Infrastructure: The Role of Development Banks_x000D_
13: Stephany Griffith-Jones, Jose Antonio Ocampo, and Paola Arias: Conclusions_x000D_