Download AML/CFT Regulation: Implications for Financial

Poverty and Social Impact Analysis of Reforms:
Poverty and Social Impact Analysis (PSIA) is an approach
used increasingly by governments, civil society
organizations, the World Bank, and other development
partners to examine the distributional impacts of policy
reforms on the well-being of different stakeholders
groups, particularly the poor and vulnerable. PSIA has an
important role in the elaboration and implementation of
poverty reduction strategies in developing countries
because it promotes evidence-based policy choices and
fosters debate on policy reform options. Poverty and
Social Impact Analysis of Reforms presents a collection
of case studies that illustrate the spectrum of sectors
and policy reforms to which PSIA can be applied; it also
elaborates on the broad range of analytical tools and
techniques that can be used for PSIA.
Now available at
the World Bank Public Information Center/Poverty Reduction Strategy Resource Center
Heritage Plaza I, 1st floor, Kamaladi, Kathmandu
For more information:
E-mail: [email protected]
Call: 4238545, 4249731
Monday – Friday, 9:00 am – 5:00 pm
Technology Adaptation and Exports:
The literature on technological change and
growth has mainly used econometric models to
establish that factors, such as the degree of
openness, skills, research and development
expenditures, number of patents etc., are
critical determinants of innovation and its
effect on growth. However, this approach
fails to explain the role of institutions and
policies that created the environment for
innovation. Using 10 case studies from
developing countries, this book examines how
governments fostered technological
adaptation through public-private
partnerships to develop world-class exporters
in high-growth, non-traditional industries.
Now available at
the World Bank Public Information Center/Poverty Reduction Strategy Resource Center
Heritage Plaza I, 1st floor, Kamaladi, Kathmandu
For more information:
E-mail: [email protected]
Call: 4238545, 4249731
Monday – Friday, 9:00 am – 5:00 pm
Reproductive Health – The Missing Millennium Development Goal:
While women in developing countries continue to die in large numbers in
child birth, Population and Reproductive Health specialists and
advocates around the world are struggling to keep the policy agenda
focused on the rights and needs of poor women. The 1994 Cairo
Conference and Program of Action changed how we do business, and
opened many doors, but the agenda is not complete and has stalled in a
number of ways. At the country level, governments and donors are
making difficult choices about how and where to allocate scarce human
and financial resources. Funding approaches have moved away from the
implementation of narrowly directed health programs to a broader
approach of health system development and reform. At the same time,
countries are also centering their development agenda on the broad
goal of poverty reduction. This volume addresses a large knowledge and
capacity gap in the Reproductive Health community and provides tools
for key actors to empower faster positive change. It is a synopsis of
the materials developed for WBI's learning program on Achieving the
Millennium Development Goals: Poverty Reduction, Reproductive Health
and Health Sector Reform. The volume brings together knowledge
about epidemiology, demography, economics, and trends in global
financial assistance. The volume also introduces practical tools such as
benefit incidence analysis, costing, and stakeholder analysis to
strengthen the evidence base for policy and to address the political
economy factors for reform.
Now available at
the World Bank Public Information Center/Poverty Reduction Strategy Resource Center
Heritage Plaza I, 1st floor, Kamaladi, Kathmandu
For more information:
E-mail: [email protected]
Call: 4238545, 4249731
Monday – Friday, 9:00 am – 5:00 pm
Challenges of CAFTA – Maximizing the Benefits for
Central America:
The report provides a preliminary assessment of DR-CAFTA,
with particular attention to three key themes: (i) expected
trade and non-trade benefits, (ii) actions that Central
American countries need to pursue to capitalize optimally on
the new opportunities, and (iii) identification of the
population groups that may require assistance to adapt to a
more competitive environment. The Introductory Chapter
reviews the main findings of the report. Chapter II places
DR-CAFTA in the historical context of the economic reforms
that Central America has been undertaking since the late
1980s. Chapter III provides a summary overview of the
recently negotiated DR-CAFTA. Chapter IV reviews various
analyses that assess the potential impacts of DR-CAFTA in
Central American countries. Chapter V focuses on the
identification of potentially affected populations from the
easing of trade restrictions in sensitive agricultural products
and analyzes policy options to assist vulnerable groups.
Chapter VI reviews evidence related to key macroeconomic
implications of DR-CAFTA, namely the potential revenue
losses and effect on the patterns of business-cycle
synchronization. Chapter VII reviews evidence from each
Central American country in the areas of trade facilitation,
institutional and regulatory reforms, and innovation and
education, in order to identify key priorities for the
complementary agenda for DR-CAFTA.
Now available at
the World Bank Public Information Center/Poverty Reduction Strategy Resource Center
Heritage Plaza I, 1st floor, Kamaladi, Kathmandu
For more information:
E-mail: [email protected]
Call: 4238545, 4249731
Monday – Friday, 9:00 am – 5:00 pm
AML/CFT Regulation: Implications for Financial Service
Providers that Serve Low-Income People:
Across the world, new measures are being introduced and
existing measures tightened to combat money laundering and the
financing of terrorism. All financial service providers, including
those working with low-income communities, are-or will-be
affected by these measures. This paper summarizes the
implications of the international framework for anti-money
laundering (AML) and combating the financing of terrorism
(CFT) for financial service providers working with low-income
people. The international AML/CFT standards developed by the
Financial Action Task Force (FATF), generally requires financial
service providers to enhance their internal controls to cater
specifically for AML/CFT risks; undertake customer due
diligence procedures on all new and existing clients; introduce
heightened surveillance of suspicious transactions and keep
transaction records for future verification; and report
suspicious transactions to national authorities. These measures
could bring additional costs of compliance to financial service
providers; and customer due diligence rules may restrict formal
financial services from reaching lower income people. The
introduction of new or tightened AML/CFT regulations may have
the unintended and undesirable consequence of reducing the
access of low income people to formal financial services. As a
means to avoid this outcome, this paper argues in favor of (1)
gradual implementation of new measures; (2) the adoption of a
risk-based approach to regulation; and (3) the use of exemptions
for low-risk categories of transactions.
Now available at
the World Bank Public Information Center/Poverty Reduction Strategy Resource Center
Heritage Plaza I, 1st floor, Kamaladi, Kathmandu
For more information:
E-mail: [email protected]
Call: 4238545, 4249731
Monday – Friday, 9:00 am – 5:00 pm
Anticorruption in Transition 3 – Who is
Succeeding and Why?
The Anticorruption in Transition Series
examines patterns and trends in corruption in
business-government interactions in Eastern
Europe and Central Asia, and the progress
achieved by countries in addressing it. The
findings of this third volume, derived by a
large-scale survey undertaken in collaboration
with the European Bank for Reconstruction
and Development, indicate continued
improvement in many countries thanks to their
reform efforts and external/internal drivers
of change.
Now available at
the World Bank Public Information Center/Poverty Reduction Strategy Resource Center
Heritage Plaza I, 1st floor, Kamaladi, Kathmandu
For more information:
E-mail: [email protected]
Call: 4238545, 4249731
Monday – Friday, 9:00 am – 5:00 pm
Managing the Implementation of
Development Projects:
This resource kit represents a milestone in
the discipline of development project
implementation. It contains practical learning
materials based on decades of use and
refinement in on-site courses in numerous
developing countries throughout the world. I
recommend this resource kit without
reservation to teachers, consultants,
practitioners, contractors, vendors, and
learners from all cultures who want to
improve the management of international
development projects."
Now available at
the World Bank Public Information Center/Poverty Reduction Strategy Resource Center
Heritage Plaza I, 1st floor, Kamaladi, Kathmandu
For more information:
E-mail: [email protected]
Call: 4238545, 4249731
Monday – Friday, 9:00 am – 5:00 pm
Pakistan: An Evaluation of the World Bank’s
Assistance
This book analyzes the objectives and content
of the World Bank's assistance program
during the period 1994-2003, the economic
and social development outcomes in Pakistan,
and the contributions of the Bank to
development outcomes.
Now available at
the World Bank Public Information Center/Poverty Reduction Strategy Resource Center
Heritage Plaza I, 1st floor, Kamaladi, Kathmandu
For more information:
E-mail: [email protected]
Call: 4238545, 4249731
Monday – Friday, 9:00 am – 5:00 pm
Improving Investment Climates – An Evaluation
of World Bank Group Assistance
The quality of the investment climate (IC) varies
significantly across countries, regions, and
industries. The World Bank Group (WBG) needs to
customize interventions to country needs, using
local knowledge and expertise to build an
understanding of country-specific constraints and
opportunities. Institutions - the "rules of the
game" - are key to the quality of the investment
climate. World Bank Group strategies for
improving the IC have suffered from a lack of
knowledge about what types of institutional
arrangements will work in different environments.
The feasibility of reform depends on the political
economy of the reform process, and the
sustainability of reform hinges on broad
stakeholder support. The WBG needs to assess
the capacity and incentives facing public sector
organizations to implement reforms. The broad
nature of the IC as a topic and the need to work
with both the public and private sectors creates
organizational challenges for the WBG. Better use
of the comparative advantages of the Bank, IFC,
and MIGA would help the WBG deliver on its IC
agenda more effectively.
Now available at
the World Bank Public Information Center/Poverty Reduction Strategy Resource Center
Heritage Plaza I, 1st floor, Kamaladi, Kathmandu
For more information:
E-mail: [email protected]
Call: 4238545, 4249731
Monday – Friday, 9:00 am – 5:00 pm
Hazards of Nature, Risks to Development – An IEG
Evaluation of World Bank Assistance for Natural
Disaster
This report is the first assessment of World Bank
assistance for natural disasters, and one of the most
comprehensive reviews of disaster preparedness and
response ever conducted. The World Bank is the largest
funding agency of disaster recovery and reconstruction in
developing countries. Since 1984, the Bank has financed a
total of $26 billion in disaster activities. These more than
500 projects represent almost 10% of all Bank loan
commitments during this period. Over 80 percent of Bank
disaster financing has addressed rapid onset disasters -floods, earthquakes, tropical storms and fires. The report
found that the Bank's disaster projects performed better
than the Bank's portfolio as a whole. When disasters
struck, the Bank demonstrated flexibility in managing small
and large scale disaster responses, and coordinated with
other donors to ensure rapid assistance. Within disaster
projects, the Bank did better at reconstructing damaged
infrastructure and housing than it did in reducing
vulnerabilities and addressing their root causes. Moreover,
in almost half of the countries where the Bank was later
called on to finance disaster reconstruction projects,
disaster prevention did not play any role in the overall
development strategy for the country. The report urges
that disaster risk be built into development planning from
the start.
Now available at
the World Bank Public Information Center/Poverty Reduction Strategy Resource Center
Heritage Plaza I, 1st floor, Kamaladi, Kathmandu
For more information:
E-mail: [email protected]
Call: 4238545, 4249731
Monday – Friday, 9:00 am – 5:00 pm
Explaining South Asia’s Development
Success – The role of Good Policies
South Asia has performed well over the past
25 years in reducing poverty, improving human
development and increasing growth, but
faster progress with poverty reduction will
require a higher rate of growth. This book
shows that the development performance is
not a puzzle but largely explained by good
policies. Countries in the region have
maintained good macroeconomic environments,
opened up their economies to greater
domestic and international competition, and
reduced the role of corrupt and inefficient
public enterprises.
Now available at
the World Bank Public Information Center/Poverty Reduction Strategy Resource Center
Heritage Plaza I, 1st floor, Kamaladi, Kathmandu
For more information:
E-mail: [email protected]
Call: 4238545, 4249731
Monday – Friday, 9:00 am – 5:00 pm
Beyond Survival- Protecting Households From Health
Shocks in Latin America
Beyond Survival breaks new ground in the ongoing debate
about health finance and financial protection from the costs
of health care. The evidence and discussion support the need
to consider financial protection, in addition to health status,
as a policy objective when setting priorities for health
systems. This book reviews the Latin American experience
with health reform in the last 20 years and the fundamentals
of health system financing, using new evidence to show the
magnitude and mechanisms that determine the impoverishing
effects of health events (diseases, accidents, and those of
the life cycle). It provides options for policy makers on how to
protect, and help household to protect themselves, against
this impoverishment. The authors use empirical evidence from
six case studies commissioned for this report, on Argentina,
Chile, Colombia, Ecuador, Honduras, and Mexico. This book
provides policy makers with a solid conceptual basis for
decisions on the contents of mandatory health insurance
benefit packages, choices of financing mechanisms, and the
roles of public policy in this field. Beyond Survival provides an
in-depth analysis of, and organizational alternatives for, risk
pooling and health insurance for financial protection. It
analyzes the urgent need to extend risk pooling to the
informal sector, the challenges for current social insurance
arrangements, and options for policy makers to effectively
extend risk pooling to the informal sector.
Now available at
the World Bank Public Information Center/Poverty Reduction Strategy Resource Center
Heritage Plaza I, 1st floor, Kamaladi, Kathmandu
For more information:
E-mail: [email protected]
Call: 4238545, 4249731
Monday – Friday, 9:00 am – 5:00 pm
Effective Learning for the Poor:
Large-scale efforts have been made since the 1990s to ensure
that all children of the world go to school. But mere enrollment
is not sufficient, students must become fluent in reading and
calculation by the end of grade 2. Fluency is needed to process
large amounts of text quickly and use the information for
decisions that may ultimately reduce poverty. State-of-the-art
brain imaging and cognitive psychology research can help
formulate effective policies for improving the basic skills of
low-income students. This book integrates research into
applications that extend from preschool brain development to
the memory of adult educators. In layman’s terms, it provides
explanations and answers to questions such as: Why do children
have to read fast before they can understand what they read?
How do health, nutrition, and stimulation influence brain
development? Why should students learn basic skills in their
maternal language? Is there such a thing as an untrained
teacher? What signs in a classroom show whether students are
getting a quality education? How must information be
presented in class so that students can retain it and use it?
What training techniques are most likely to help staff put their
learning into use? This book would be useful to policymakers,
donor agency staff, teacher trainers, supervisors, and
inspectors, as well as university professors and students.
Now available at
the World Bank Public Information Center/Poverty Reduction Strategy Resource Center
Heritage Plaza I, 1st floor, Kamaladi, Kathmandu
For more information:
E-mail: [email protected]
Call: 4238545, 4249731
Monday – Friday, 9:00 am – 5:00 pm
India’s Undernourished Children – A Call for
Reform and Action
This paper explores the dimensions of child under
nutrition in India, and examines the effectiveness of
the Integrated Child Development Services (ICDS)
program in addressing it. The paper finds that
although levels of under nutrition in India declined
modestly during the 1990s, the reductions lagged far
behind that achieved by other countries with similar
economic growth rates. Nutritional inequalities across
different states, socioeconomic and demographic
groups are large - and, in general, are increasing. The
study also finds that the ICDS program appears to
be well-designed and well-placed to address the
multidimensional causes of malnutrition in India.
However, there are several mismatches between the
program's design and its actual implementation that
prevent it from reaching its potential. The paper
concludes with a discussion of a number of concrete
actions that can be taken to bridge the gap between
the policy intentions of ICDS and its actual
implementation.
Now available at
the World Bank Public Information Center/Poverty Reduction Strategy Resource Center
Heritage Plaza I, 1st floor, Kamaladi, Kathmandu
For more information:
E-mail: [email protected]
Call: 4238545, 4249731
Monday – Friday, 9:00 am – 5:00 pm
Sustainable Land Management:
Land is the integrating component of all livelihoods
depending on farm, forest, rangeland, or water (rivers,
lakes, coastal marine) habitats. Due to varying political,
social, and economic factors, the heavy use of natural
resources to supply a rapidly growing global population
and economy has resulted in the unintended
mismanagement and degradation of land and
ecosystems. Sustainable Land Management provides
strategic focus to the implementation of sustainable
land management (SLM) components of the World
Bank's development strategies. SLM is a knowledgebased procedure that integrates land, water,
biodiversity, and environmental management to meet
rising food and fiber demands while sustaining
livelihoods and the environment. This book, aimed at
policy makers, project managers, and development
organization, articulates priorities for investment in
SLM and natural resource management and identifies
the policy, institutional, and incentive reform options
that will accelerate the adoption of SLM productivity
improvements and pro-poor growth.
Now available at
the World Bank Public Information Center/Poverty Reduction Strategy Resource Center
Heritage Plaza I, 1st floor, Kamaladi, Kathmandu
For more information:
E-mail: [email protected]
Call: 4238545, 4249731
Monday – Friday, 9:00 am – 5:00 pm
Beyond The Numbers – Understanding the
Institutions for Monitoring Poverty
Reduction Strategies:
This volume provides lessons on the design
and functioning of such monitoring systems,
based on the experience of twelve Poverty
Reduction Strategy (PRS) countries. The
focus is on the institutional arrangements of
PRS monitoring systems - the rules and
processes which bring the various actors and
monitoring activities together in a coherent
diagnostic tool, and a summary of the
situation in twelve PRS countries.
Now available at
the World Bank Public Information Center/Poverty Reduction Strategy Resource Center
Heritage Plaza I, 1st floor, Kamaladi, Kathmandu
For more information:
E-mail: [email protected]
Call: 4238545, 4249731
Monday – Friday, 9:00 am – 5:00 pm