Read also the Background Papers 
        and Case studies commissioned by the UK's Department for International Development 
        Background Papers 
        A
        Survey of Government Regulation and Intervention in Financial Markets January
        2005 By L. Klapper and R. Zaidi The effect of finance on growth is significant enough to have policy implications. A
doubling of ratio of private sector credit is associated with an increase in average long-term
growth of almost 2 percent. There is, nevertheless, a need to exercise caution
in pursuing credit expansion to achieve finance driven growth. Too rapid a growth can also lead
to inflation, depreciation or institutional insolvency. Financial system development is commonly
associated with credit expansion. However, they must also function effectively and be large in the
sense of supporting firms, services providing, amount of funds intermediated and resources
employed. 
        Impact
        of Government Regulation on Microfinance By A Hubka and R. Zaidi January 2005 
        Microfinance, defined as “a credit methodology that employs effective collateral substitutes to
deliver and recover short-term, working capital loans to microentrepreneurs,” has demonstrated
success as a poverty reduction strategy. Microfinance was initially developed by and is today
still primarily deployed by non-government organizations (NGOs) who receive donor funds and
on- lend to microfinance clients (often at subsidized interest rates). In many cases, governments
also play a critical role—setting policy for the microfinance industry (most frequently vis-à-vis
interest rates), providing lump sum grants to NGOs or other microfinance institutions (MFIs), or
lending directly to the poor. Credit unions, cooperatives, commercial banks, and small informal
groups (self help groups—SHGs) are other important players in microfinance.
         
        Microeconomic
        Evidence of Creative Destruction in Industrial and Developing Countries October
        2004 
        How
        Labor Market Policy Can Combine Workersâ Protection and Job Creation  October
        2004 
         Do
        Employers' Perceptions Square with Actual Labor Regulations?  October 2004 
         The
        Debate on Industrial Policy in East-Asia: In Search for Lessons  September
        24, 2004 
        How
        Do Investment Climate Conditions Vary Across Countries, Regions and Types of Firms? September,
        2004 
        Tanzania's
        Commercial Court  August 12, 2004 
        Donor
        Assistance for Investment Climate Reforms and for Direct Support to Firms: An Overview of
        Available Data  July 31, 2004 
        Customs
        Valuation Reform in the Philippines. July 16, 2004 
         Business
        Registration Reforms in Pakistan. April 23, 2004 
        Managing
        Investment Climate Reform: Case Study of Uganda Telecommunications  April 16,
        2004 
        Policy
        Reform on Investment Climate: Case analysis of Hangzhou March
        29, 2004 By Pu Yufei, Sheng Lei and Yao Yu1 This paper studies the investment climate reforms in Hangzhou, in the context of
those of the economic system in China. It describes the different waves of reforms,
the forces behind them, and the effects of the reforms. Through historic and
comparative analysis, the study draws the following basic conclusions. First,
investment climate reform is a long process. The strength of each group grows and
declines at times. Second, the reform and open policy by the central government is a
strong force in promoting the improvement of the investment climate in Hangzhou.
Third, the municipal government of Hangzhou was in a leading position to improve
the investment climate. Fourth, whether the investment climate is good or bad has a
strong impact on the economic development of the region. The course of the gradual
improvement of the investment climate in Hangzhou is that of the gradual
enhancement of the overall economy. 
        How
        to Overhaul the Labor Market: Political Economy of Recent Czech and Slovak Reforms 
        March 25, 2004 
        The
        Political Economy of Labor Reform in Colombia March 16, 2004 
        Managing
        Investment Climate Reforms: Colombian Ports Sector Reform Case Study February 26,
        2004. 
        The
        Mexican Credit Reporting Industry Reform: A Case Study February 23, 2004 
        Managing
        Labor Market Reforms: Case Study of Poland  February 20, 2004 
        Mexican
        Deregulation: Smart Tape on Red Tape February 19, 2004 
        Managing
        Port Reforms in India: Case Study of Jawaharlal Nehru Port Trust (JNPT) Mumbai. February
        15, 2004 
        Thailand's
        20 Year Program to Title Rural Land February 13, 2004 
        Tradenet
        in Ghana: Best Practice in the Use of Information Technology  January 28,
        2004 
        Managing
        Investment Climate Reforms: Vietnam Case Study  January 17, 2004 
        Managing
        Investment Climate Reforms: The Peru Urban Land Reform Case Study January 2, 2004 
        Inspectorate
        Reform in Latvia, 1999-2003  December 23, 2003 
         The
        Political Economy of Reform: Institutional Change as a Tool for Political Credibility 
        December 4, 2003 
        The
        Investment Climate for the Informal Economy: A Case of Durban, South Africa  September
        15, 2003 
        The
        Investment Climate for Female Informal Businesses: A Case Study from Urban and Rural India 
        September 4, 2003 
        Street
        Vending in African Cities: A Synthesis of Empirical Findings From Kenya, Cote d'Ivoire
        August 16, 2003 
         
        Case Studies Commissioned by the UK's Department for International
        Development 
        The
        Importance of the Enabling Environment for Business and Economic Growth  November
        2003 
        Donor
        Experiences in Supporting Reforms to the Investment Climate for Small Enterprise
        Development November 2003 
        Less is More
        Better Compliance and Increased Revenues by Streamlining Business Registration in Uganda
        November 2003 
        Improving
        the Business Trade Licensing Reform Environment   November 2003 
        The
        Investment Climate in South Africa -  Regulatory Issues: Some insights from the
        high-growth, export-oriented SME sector November 2003 
        Investment
        for Development Project (IFD) - Civil Society Perceptions   November
        2003 
        Investment
        Climate Reform in South Africa   November 2003 
        Lessons
        for Development from London Business School's Centre for New and Emerging Markets (CNEM)
        Research Project "Investment in Emerging Markets"   November
        2003 
        Some
        Lessons from the CUTS 7-Up Comparative Competitive Policy Project   November
        2003 
        Investment
        Climate Reform Competition Policy and Economic Development: Some Country Experiences  
        November 2003 
        Competition
        Law and the Investment Climate in Developing Countries   November 2003 
        Lessons
        from CBC Business Environment Surveys 1999, 2001, 2003  November 2003 
        Creating
        FDI Friendly Environments in South Asia   November 2003 
        Migrant
        Remittances and the Investment Climate: Exploring the Nexus  January 2004 
        Investment
        Climate Reform in Ukraine   November 2003 
        OECD
        (UK & EU) Home Country Measures and FDI in Developing Countries: A Preliminary
        Analysis  November 2003 
         
         
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