Brazil - Designing a New Loan Prototype to Meet Client Needs
By 2003-4, the accumulated burdens of slow growth and debt overhang weighed heavily on Brazil's state governments. The State of Ceará was no exception. Discretionary expenditures were frequently cut to a third of their budgeted amounts, and fu...
| Main Authors: | , |
|---|---|
| Format: | Brief |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2006/09/7144260/brazil-designing-new-loan-prototype-meet-client-needs http://hdl.handle.net/10986/10309 |
| id |
okr-10986-10309 |
|---|---|
| recordtype |
oai_dc |
| spelling |
okr-10986-103092021-04-23T14:02:50Z Brazil - Designing a New Loan Prototype to Meet Client Needs Burdescu, Ruxandra Parel, Chris ACCOUNTABILITY ACCOUNTING APL AUDITS BANK LENDING BANK LOANS BENCHMARKS DEBT DEVELOPMENT BENEFITS DEVELOPMENT IMPACT DEVELOPMENT PROGRAMS FINANCIAL MANAGEMENT FINANCIAL SYSTEMS HEALTH EXPENDITURES INCORPORATED MANAGERS MODERNIZATION NATIONAL GOVERNMENT PRIORITIES RECURRENT EXPENDITURES RESOURCE ALLOCATION RESOURCE MANAGEMENT RISK AVERSE RISK AVERSION SUSTAINABILITY TECHNICAL ASSISTANCE TRANSACTION COSTS TRANSACTIONS COSTS By 2003-4, the accumulated burdens of slow growth and debt overhang weighed heavily on Brazil's state governments. The State of Ceará was no exception. Discretionary expenditures were frequently cut to a third of their budgeted amounts, and funding had dried up for priority programs and even essential services. The state's development agenda was shelved as Ceará struggled to survive. An innovative Sector-Wide Approach (SWAp) variation has been approved that opens up numerous new possibilities to strengthen the design of SWAps and other loans in order to enhance loan impact. There is significant interest in Brazil and elsewhere in replicating the Ceará SWAPL. Project and reform implementation appear to be on track. Perhaps the most important conclusion is to understand that the Bank is sufficiently flexible to allow enterprising staff and clients to design the sorts of operations that will optimize development impact. 2012-08-13T11:07:41Z 2012-08-13T11:07:41Z 2006-09 http://documents.worldbank.org/curated/en/2006/09/7144260/brazil-designing-new-loan-prototype-meet-client-needs http://hdl.handle.net/10986/10309 English en breve; No. 92 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Latin America & Caribbean Brazil |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCOUNTABILITY ACCOUNTING APL AUDITS BANK LENDING BANK LOANS BENCHMARKS DEBT DEVELOPMENT BENEFITS DEVELOPMENT IMPACT DEVELOPMENT PROGRAMS FINANCIAL MANAGEMENT FINANCIAL SYSTEMS HEALTH EXPENDITURES INCORPORATED MANAGERS MODERNIZATION NATIONAL GOVERNMENT PRIORITIES RECURRENT EXPENDITURES RESOURCE ALLOCATION RESOURCE MANAGEMENT RISK AVERSE RISK AVERSION SUSTAINABILITY TECHNICAL ASSISTANCE TRANSACTION COSTS TRANSACTIONS COSTS |
| spellingShingle |
ACCOUNTABILITY ACCOUNTING APL AUDITS BANK LENDING BANK LOANS BENCHMARKS DEBT DEVELOPMENT BENEFITS DEVELOPMENT IMPACT DEVELOPMENT PROGRAMS FINANCIAL MANAGEMENT FINANCIAL SYSTEMS HEALTH EXPENDITURES INCORPORATED MANAGERS MODERNIZATION NATIONAL GOVERNMENT PRIORITIES RECURRENT EXPENDITURES RESOURCE ALLOCATION RESOURCE MANAGEMENT RISK AVERSE RISK AVERSION SUSTAINABILITY TECHNICAL ASSISTANCE TRANSACTION COSTS TRANSACTIONS COSTS Burdescu, Ruxandra Parel, Chris Brazil - Designing a New Loan Prototype to Meet Client Needs |
| geographic_facet |
Latin America & Caribbean Brazil |
| relation |
en breve; No. 92 |
| description |
By 2003-4, the accumulated burdens of
slow growth and debt overhang weighed heavily on
Brazil's state governments. The State of Ceará was no
exception. Discretionary expenditures were frequently cut to
a third of their budgeted amounts, and funding had dried up
for priority programs and even essential services. The
state's development agenda was shelved as Ceará
struggled to survive. An innovative Sector-Wide Approach
(SWAp) variation has been approved that opens up numerous
new possibilities to strengthen the design of SWAps and
other loans in order to enhance loan impact. There is
significant interest in Brazil and elsewhere in replicating
the Ceará SWAPL. Project and reform implementation appear to
be on track. Perhaps the most important conclusion is to
understand that the Bank is sufficiently flexible to allow
enterprising staff and clients to design the sorts of
operations that will optimize development impact. |
| format |
Publications & Research :: Brief |
| author |
Burdescu, Ruxandra Parel, Chris |
| author_facet |
Burdescu, Ruxandra Parel, Chris |
| author_sort |
Burdescu, Ruxandra |
| title |
Brazil - Designing a New Loan Prototype to Meet Client Needs |
| title_short |
Brazil - Designing a New Loan Prototype to Meet Client Needs |
| title_full |
Brazil - Designing a New Loan Prototype to Meet Client Needs |
| title_fullStr |
Brazil - Designing a New Loan Prototype to Meet Client Needs |
| title_full_unstemmed |
Brazil - Designing a New Loan Prototype to Meet Client Needs |
| title_sort |
brazil - designing a new loan prototype to meet client needs |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2006/09/7144260/brazil-designing-new-loan-prototype-meet-client-needs http://hdl.handle.net/10986/10309 |
| _version_ |
1764412625233379328 |