Public Policy Journals
The Public Policy Journals are two series of policy briefs addressing public policy for the private sector. Crisis Response assesses the policy responses to the financial crisis, shedding light on financial reforms currently under debate. Viewpoint focuses on public policy innovations for private-sector led and market-based solutions for development. The journals are sponsored by the Rapid Response team and are open to submissions. A writer's guide is available for download (PDF, 22KB).Crisis Response Policy Briefs
Banks in Crisis -- When Governments Take Temporary Ownership (PDF, 96KB)In most of the developed countries affected by the financial crisis, governments initially improvised solutions that eventually led to substantial investments in systemically important banks. Lessons from earlier crises show that governments acting as temporary owners can minimize costs to taxpayers. Quickly developing the exit strategy is also important. | Credit Rating Agencies -- No Easy Regulatory Solutions (PDF, 123KB)In the U.S. and Europe faulty credit ratings and flawed rating processes are widely perceived as being among the key contributors to the financial crisis. That has brought them under intense scrutiny and ongoing debate on reforms will influence policy choices in emerging economies. |
Dynamic Provisioning: The Experience of Spain (PDF, 492KB)Dynamic loan loss provisions can help deal with procyclicality in banking. By allowing earlier detection and coverage of credit losses in loan portfolios, they enable banks to build up a buffer in good times that can be used in bad times. | Macro-Prudential Regulation: Fixing Fundamental Market (and Regulatory) Failures (PDF, 92KB)This policy brief discusses why having more macro-prudential regulation that catches the systemic consequences of all institutions acting in a similar manner can make crises fewer and milder. |
Trust Less, Verify More: Financial Supervision in the Wake of the Crisis (PDF, 186KB)
Blanket Guarantees: Necessary during the Crisis, but What Next? (PDF, 176KB)
Smaller but safer? The Shape of Financial Systems to Come (PDF, 674KB)
The Reform Agenda: Charting the Future of Financial Regulation (PDF, 102KB)
Dealing with the Crisis: Taking Stock of the Global Policy Response (PDF, 104KB)
For more information, visit the Financial Crisis Response page.Viewpoints
Privatization Trends: A Record Year for Initial Public Offerings in 2007: An update of the World Bank Group’s Privatization Database shows that in 2007 privatizations in developing countries amounted to US$133 billion -- a record in nominal terms. |
Recent issues of Viewpoints
No. 321 Privatization Trends: A Record Year for Initial Public Offerings in 2007
No. 320 Oil Price Risks: Measuring the Vulnerability of Oil Importers
No. 319 Doing Privatization Right: What It Takes to Maximize Gains in Low-Income Countries
No. 318 Reform Teams: How the Most Successful Reformers Organized Themselves
No. 317 Privatization Trends: A Record Year in 2006
No. 316 Entrepreneurship: New Data on Business Creation and How to Promote It
No. 315 Financing Innovation: How to Build an Efficient Exchange for Small Firms
No. 313 Entrepreneurship: How Much Does the Business Environment Matter?
No. 312 Self-Dealing: Sneaking Corporate Value through the Back Door
No. 311 Public-Private Partnership Units: What Are They, and What Do They Do?
Viewpoints sorted by topic
Private infrastructure: competition, regulation & market structure (multisector)
Private infrastructure: finance and subsidies (multisector)
Private infrastructure: water
Private infrastructure: energy (oil, gas, electricity)
Private infrastructure: telecommunications & information technology
Private infrastructure: transport (airports, seaports, rail, roads)
Private provision of health and education
Investment climate and globalization
Impact of privatization
Future of the aid industry

Banks in Crisis -- When Governments Take Temporary Ownership
Dynamic Provisioning: The Experience of Spain
Macro-Prudential Regulation: Fixing Fundamental Market (and Regulatory) Failures