World Bank Lending for Lines of Credit: An IEG Evaluation

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World Bank Publications, 2006 M01 1 - 80 pages
This review of World Bank support for lines of credit, channeled through local financial institutions in client countries, finds that the Bank's own guidelines have not been followed and outcomes are poor.

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Page 54 - Pacific Europe and Central Asia Latin America and the Caribbean Middle East and North Africa...
Page 60 - ... of the government, and some use directed credit to pursue this objective. A Bank FIL may support directed credit...
Page 60 - Group's institutional advice and financial support can appropriately be provided without significant governmental involvement or any governmental guarantee of repayment, IFC normally plays the lead Bank Group role in financial intermediary lending.
Page 2 - The review is organized as follows : chapter 2 reviews the theoretical and empirical literature regarding the existence of constraints on access to credit, particularly for smaller enterprises.
Page 60 - FIs and final borrowers eventually to raise funds from market sources rather than from official lenders.

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