Braced for impact: reforming Kazakhstan's national financial holding for development effectiveness and market creation

International development in focus

Format:

Corporate Author:

World Bank

Author:

Martin Melelecky

Publisher:

World Bank

Braced for Impact: Reforming Kazakhstan's National Financial Holding for Development Effectiveness and Market Creation offers a framework for assessing the readiness of development finance institutions (DFIs) and their conglomerates to deliver credible development impact and create financial markets. The framework focuses on accountability for impact, responsible leveraging of entrusted capital, holistic risk management, and proper governance. It is used to assess Baiterek, Kazakhstan's national financial holding - a conglomerate of DFIs - and to derive policy options and practical recommendations for the given country context. If the recommended reforms are implemented, Baiterek will be braced for positive impact on Kazakhstani firms, households, and the environment while also helping create deeper financial markets through robust mobilization of private capital. A reformed Baiterek could become a leading global DFI conglomerate and a role model for similar institutions in other countries. However, if too few or none of the recommended reforms are undertaken, Baiterek will need to brace for further criticism from unhappy stakeholders

Extent	xviii, 102p.	ISBN	9781464820168
Size	N/A	Price	£35.95
Format	Paperback	Published	31 Dec 2023
Availability	Out of stock - available to order	Delivery	Delivery options and charges