Marie Michael Library
The subsidy dependence index and recent attempts to adjust it
Schreiner, Mark; Yaron, Jacob
The Subsidy Dependence Index is the most common way to measure the importance of public support for Development Finance Institutions. This paper presents the SDI and shows its equivalence to a subsidy-adjusted measure of return on equity. The paper also reviews recent attempts to adjust the SDI.
Center for Social Development (CSD)