|
Introduction
Infrastructure
Poverty
Environment
Portfolio |
Strengthening the institutional basis for market economies, an overriding issue for economies in transition, is also a major question for
the region's market economies. Sound market economies need efficient financial systems, sound structures for corporate governance and industrial
relations, and well-functioning governmental institutions.
EDI offered training to support improvements in governance, including using client
surveys to judge the quality of government services and establishing deliberation councils to build consensus around policy change. State enterprise
reform and financial sector development are especially important in China, Mongolia, and Vietnam. State-directed lending, political pressures,
and poor lending practices are still common in the region, and--relative to their income level--many countries have institutionally poorly
developed banking systems. Solving these structural problems and building more robust banking systems are important throughout the region. The Bank is
providing policy advice and technical assistance as well as lending services to many East Asia countries to help build and sustain efficient
institutions. An example is the new partnership initiated this year with the government of Singapore. Under this partnership, managed by
EDI, courses in strategic banking and environmental management are provided to clients from East and South Asia, using Singaporean technical and financial
resources. The banking course is designed specifically for China's most senior bank officials and is offered at the Singapore Institute of Banking
and Finance. It will be followed by a round of training for other senior banking officials in China itself. The environmental management program
will cover urban-industrial issues and coastal-marine issues and will target senior and mid-level policymakers from Asia. It is expected that the
program will offer up to eight courses each year.
|
World Bank Group |
Publications |
IBRD |
IDA |
IFC |
MIGA |
ICSID |