Understanding the Securitization of Subprime Mortgage Credit

Management has clarified standards for conducting the CGAs, and the Gender and Development Board will provide technical sup- port and advice. In countries where the Bank has an active lending program and where no CGA has recently been completed, an initial CGA will be completed early in the program’s implementation peri- od. Thereafter, updates will be completed in accordance with the typ- ical Bank cycle for economic and sector analytical work (approximately once every five years), and will be designed to inves- tigate whether any major changes in gender conditions have occurred (thus, updates will typically be less elaborate than the ini- tial assessment). Where feasible and consistent with the...