tailieunhanh - What progress? A shadow review of World Bank conditionality

The paper finds that the four major Australian banks have capital well about the regulatory requirements with high quality capital. While their headline capital ratios are below the global average for large banks in a sample of advanced and emerging market economies, Australia’s more conservative approach in implementing the Basel II framework implies that Australian banks’ headline capital ratios underestimate their capital strength. For example, a comparison with Canadian banks highlights the impact of Australia’s more conservative approach. The four major Australian banks are well-positioned to meet the higher capital requirements under Basel III, and with the improvements in their. | Acronyms AAI ActionAid International DBS Direct Budget Support DFID Department for International Development DPL Development Policy Lending DPO Development Policy Operation World Bank loan GPPs Good Practice Principles for Conditionality HIPC Highly Indebted Poor Country IFI International Financial Institutions IMF International Monetary Fund OPCS Operation Policy and Country Services unit within the World Bank MDG Millennium Development Goal PAF Performance Assessment Framework PRSC Poverty Reduction Support Credit World Bank loan PRSP Poverty Reduction Strategy Paper What progress A shadow review of World Bank conditionality 2006 Contents Executive summary 2 Background 4 How is the World Bank performing against its own principles 7 Principle 1 Ownership8 Principle 2 Harmonisation_13 Principle 3 Customisation 14 Principle 4 Criticality 15 Principle 5 Transparency and predictability 17 Why has there been so little change 19 Reason 1 The Bank does not have an effective plan for _ensuring implementation__20 Reason 2 Principles are essential building blocks of reform but on their own are unlikely to motivate change 21 Conclusions and recommendations 22 Bibliography .