LEADER 04434nam 2200709 a 450 001 9910975092503321 005 20251116160412.0 010 $a1-280-08752-8 010 $a9786610087525 010 $a0-585-40868-8 024 7 $a10.1596/0-8213-4839-6 035 $a(CKB)111056486747490 035 $a(OCoLC)50322022 035 $a(CaPaEBR)ebrary5007776 035 $a(SSID)ssj0000086297 035 $a(PQKBManifestationID)11111092 035 $a(PQKBTitleCode)TC0000086297 035 $a(PQKBWorkID)10025916 035 $a(PQKB)10902527 035 $a(MiAaPQ)EBC3050492 035 $a(Au-PeEL)EBL3050492 035 $a(CaPaEBR)ebr5007776 035 $a(CaONFJC)MIL8752 035 $a(The World Bank)ocm49517496 035 $a(US-djbf)12761287 035 $a(BIP)46161023 035 $a(BIP)7813777 035 $a(EXLCZ)99111056486747490 100 $a20020501d2002 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 14$aThe development and regulation of non-bank financial institutions /$fJeffey Carmichael, Michael Pomerleano 205 $a1st ed. 210 $aWashington, D.C. $cWorld Bank$dc2002 215 $axv, 230 pages $cillustrations ;$d24 cm 300 $aBibliographic Level Mode of Issuance: Monograph 311 08$a0-8213-4839-6 320 $aIncludes bibliographical references (p. 225-230). 327 $aIntro -- Contents -- Foreword -- Preface -- Acknowledgments -- Financial Systems -- The Policy Framework -- Financial Institutions -- The Role of Non-Bank Financial Institutions -- Regulatory Objectives -- The Principles of Regulation -- Regulatory Structure -- Regulatory Backing -- Regulatory Implementation -- Insurance (Risk- Pooling) Companies -- The Market for Insurance -- Factors Affecting the Growth of Insurance -- The Contribution of Insurance to Economic Growth -- Regulating Insurance Companies -- The Market for Contractual Savings -- Contractual Savings Institutions -- A Note on Pension Fund Growth -- Factors Affecting the Growth of Contractual Savings Institutions -- The Contribution of Contractual Savings Institutions to Economic Growth -- The Appropriate Form of Regulation -- Regulatory Tools and Techniques for Collective Investments -- Surveillance -- Special Issues in Pension Reform in Emerging Markets -- Securities Markets -- The Market for Securities: The Growth of Emerging Markets -- Factors Affecting the Growth of Securities Markets -- Contribution of Securities Markets to Economic Growth and Stability -- Regulating Securities Markets -- The Policy Agenda: Second-Generation Challenges for Emerging Markets -- Epilogue -- Leasing Finance -- Specialized Financial Institutions -- Real Estate Finance -- A Note on Financial Cooperatives -- Factors Affecting the Growth of Specialized Financial Institutions -- The Contribution of Specialized Financial Institutions to Economic Growth -- The Appropriate Form of Regulation -- Regulatory Tools and Techniques -- Issues for Emerging Markets -- The Importance of Legal Infrastructure -- Critical Financial Sector Skills and Professions -- Incentives for the Growth of NBFIs -- The Role of Foreign Competition -- The Role of Government Provision of Nonbank Financial Services. 327 $aThe Importance of Public Sector Governance -- The Importance of Sequencing Reforms -- References. 330 $aThis book helps build an awareness of the potential of non-bank financial institutions -- including insurance companies, mutual funds, real estate, and pension schemes -- for developing countries. It aims to assist policymakers in the creation of coherent policy structures and sound regulatory environments. 410 0$aWorld Bank e-Library. 606 $aFinancial institutions$zDeveloping countries 606 $aInsurance companies$zDeveloping countries 606 $aSecurities$zDeveloping countries 615 0$aFinancial institutions 615 0$aInsurance companies 615 0$aSecurities 676 $a332.1 700 $aCarmichael$b Jeffrey$01863433 701 $aPomerleano$b Michael$01863434 712 02$aWorld Bank. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910975092503321 996 $aThe development and regulation of non-bank financial institutions$94470072 997 $aUNINA