Download or read book 2011 Review of the Standards and Codes Initiative Background Paper written by International Monetary Fund and published by International Monetary Fund. This book was released on 2011-02-16 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper serves as background reference to the paper, "2011 Review of the Standards and Codes Initiative." The Initiative, which covers standards in 12 policy areas relevant for Bank and Fund work, was created as an integral part of a global response to promote financial stability in the aftermath of the Asian crisis in the 1990s. This paper discusses developments since the Initiative’s last review in 2005. In particular, it covers the evolution of standards in the 12 policy areas, progress in implementing measures to improve the effectiveness of the Initiative, the role that the Initiative played in the recent global crisis, and perceptions of major stakeholders reflected in survey responses and bilateral consultations conducted by staff.

Download or read book 2011 Review of the Standards and Codes Initiative written by International Monetary Fund and published by International Monetary Fund. This book was released on 2011-02-16 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Standards and Codes Initiative (“Initiative”) has been identified as one of several building blocks for the overhaul of the global financial architecture after the Asian crisis in the late 1990s. Twelve policy areas were selected as key for sound financial systems and a framework for Reports on the Observance of Standard and Codes (ROSCs) was established and has been implemented by the Bank and the Fund for about a decade. Since the Initiative’s inception, a majority of member countries have had one or more ROSCs, although—in part due to the voluntary nature of ROSCs—the coverage is not fully complete. After peaking in 2003, the annual number of ROSCs completed has declined considerably. In particular, the number of fiscal transparency and data ROSCs has dropped, reflecting the downsizing of the Fund, and changes in departmental priorities. The reduction in financial sector ROSCs—generally done as a part of the Financial Sector Assessment Program (FSAP)—has been less, although fewer ROSCs have been done per FSAP. Revisions to the standards to incorporate the lessons from the crisis, the initiatives of the Financial Stability Board (FSB), and changes to financial surveillance are likely to have important implications for the future of the Initiative. In particular, the commitment by FSB members to undergo FSAPs every 5 years and the FSB’s framework to enhance adherence to international financial standards are likely to boost demand for financial sector ROSCs. These resource pressures impose a greater burden on the prioritization process, and strategic decisions will have to be made to augment resources for the Initiative or on where the resource cuts could come from in order to maintain adequate coverage of non-G20 countries.

Download or read book 2011 Review of the Standards and Codes Initiative Reports on the Observance of Standards and Codes ROSC Case Studies written by International Monetary Fund and published by International Monetary Fund. This book was released on 2011-02-16 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report is part of the 2011 ROSC Initiative review. It focuses on generating additional inputs for an informed assessment of the effectiveness of the Initiative in strengthening institutions in member countries. In particular, it analyses in detail a sample of twenty-two specific country experiences—at least two for each standard currently included in the Initiative. The review of specific country experiences with ROSC exercises—diagnosis and implementation of recommendations and follow-up—contributes to evaluate the extent to which ROSCs have been instrumental in identifying institutional weaknesses and contributed to promote financial reform and reduce financial vulnerability. This is an independent review prepared by an external consultant.

Download or read book The 2017 Joint Review of the Standards and Codes Initiative written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2017-03-08 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: The standards and codes (S&C) initiative was launched in the aftermath of the emerging market crises of the 1990s as part of efforts to strengthen the international financial architecture, with a focus on emerging markets. The initiative has aimed at promoting international standards and codes to improve economic and financial resilience by assisting countries in strengthening their economic institutions and informing World Bank and IMF work. The four previous reviews confirmed a fairly high appreciation of the overall initiative, while also raising questions about the initiative’s link to surveillance and capacity development efforts, weak uptake by market participants, as well as a need to improve traction with policy makers. This review reaffirms the country authorities’ appreciation for S&C work, and its focus and scope are guided by the February 2017 paper.

Download or read book The International Handbook of Public Financial Management written by Richard Allen and published by Springer. This book was released on 2013-08-15 with total page 881 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook is a virtual encyclopedia of public financial management, written by topmost experts, many with a background in the IMF and World Bank. It provides the first comprehensive guide to the subject that has been published in more than ten years. The book is aimed at a broad audience of academics/students, government officials, development agencies and practitioners. It covers both bread-and-butter topics such as the macroeconomic and legal framework for budgeting, budget preparation and execution, procurement, accounting, reporting, audit and oversight, as well as specialist subjects such as government payroll systems, local government finance, fiscal transparency, the management of fiscal risks, sovereign wealth funds, the management of state-owned enterprises, and political economy aspects of budgeting. The book sets out numerous examples and case studies describing good practice in public financial management, and is highly relevant for use in both advanced and developing countries.

Download or read book Systemic Risk and the Future of Insurance Regulation written by Andromachi Georgosouli and published by Taylor & Francis. This book was released on 2017-09-19 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines policy developments that have been occurring in the field of financial regulation and their implications for the insurance industry and markets. With UK and US contributors from academia and legal practice, this book will be essential reading for policy-makers, insurance regulators, insurance and legal professionals as well as students and academics researching and studying insurance law.

Download or read book Making Public Debt Public Ongoing Initiatives and Reform Options Background Paper written by International Monetary Fund and published by International Monetary Fund. This book was released on 2023-10-03 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Background Paper provides technical information to accompany the main paper “Making Public Debt Public: Ongoing Initiatives and Reform Options”. It provides further empirical evidence of benefits of public debt transparency and elaborates on two elements that can be used to enhance it: (i) sound practices in public debt management and (ii) available international data standards and publicly available debt databases.

Download or read book The Fund s Capacity Development Strategy Better Policies Through Stronger Institutions Background Paper written by International Monetary Fund and published by International Monetary Fund. This book was released on 2013-05-21 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This supplement provides background information on various aspects of capacity development (CD) for the main Board paper, The Fund’s Capacity Development Strategy—Better Policies through Stronger Institutions. It is divided into nine notes or sections, each focused on a different topic covered in the main paper. Section A explores the importance of institutions for growth, and the role the Fund can play in building institutions. Section B presents stylized facts about how the landscape for CD has changed since the late 1990s. Section C discusses the difficulties of analyzing CD data because of measurement issues. Section D provides a longer-term perspective on how Fund CD has responded to member needs. Section E contains information on previous efforts to prioritize CD, assesses Regional Strategy Notes (RSNs) and country pages, and suggests ways to strengthen RSNs, including by using the Fund’s surveillance products. Section F compares the technical assistance (TA) funding model proposed in the 2011

Download or read book Constructing the International Economy written by Rawi Abdelal and published by Cornell University Press. This book was released on 2011-03-15 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing empirically on how political and economic forces are always mediated and interpreted by agents, both in individual countries and in the international sphere, Constructing the International Economy sets out what such constructions and what various forms of constructivism mean, both as ways of understanding the world and as sets of varying methods for achieving that understanding. It rejects the assumption that material interests either linearly or simply determine economic outcomes and demands that analysts consider, as a plausible hypothesis, that economies might vary substantially for nonmaterial reasons that affect both institutions and agents' interests. Constructing the International Economy portrays the diversity of models and approaches that exist among constructivists writing on the international political economy. The authors outline and relate several different arguments for why scholars might attend to social construction, inviting the widest possible array of scholars to engage with such approaches. They examine points of terminological or theoretical confusion that create unnecessary barriers to engagement between constructivists and nonconstructivist work and among different types of constructivism. This book provides a tool kit that both constructivists and their critics can use to debate how much and when social construction matters in this deeply important realm.

Download or read book World Development Report 2013 written by World Bank and published by World Bank Publications. This book was released on 2012-10-15 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: Jobs provide higher earnings and better benefits as countries grow, but they are also a driver of development. Poverty falls as people work their way out of hardship and as jobs empowering women lead to greater investments in children. Efficiency increases as workers get better at what they do, as more productive jobs appear, and less productive ones disappear. Societies flourish as jobs bring together people from different ethnic and social backgrounds and provide alternatives to conflict. Jobs are thus more than a byproduct of economic growth. They are transformational —they are what we earn, what we do, and even who we are. High unemployment and unmet job expectations among youth are the most immediate concerns. But in many developing countries, where farming and self-employment are prevalent and safety nets are modest are best, unemployment rates can be low. In these countries, growth is seldom jobless. Most of their poor work long hours but simply cannot make ends meet. And the violation of basic rights is not uncommon. Therefore, the number of jobs is not all that matters: jobs with high development payoffs are needed. Confronted with these challenges, policy makers ask difficult questions. Should countries build their development strategies around growth, or should they focus on jobs? Can entrepreneurship be fostered, especially among the many microenterprises in developing countries, or are entrepreneurs born? Are greater investments in education and training a prerequisite for employability, or can skills be built through jobs? In times of major crises and structural shifts, should jobs, not just workers, be protected? And is there a risk that policies supporting job creation in one country will come at the expense of jobs in other countries? The World Development Report 2013: Jobs offers answers to these and other difficult questions by looking at jobs as drivers of development—not as derived labor demand—and by considering all types of jobs—not just formal wage employment. The Report provides a framework that cuts across sectors and shows that the best policy responses vary across countries, depending on their levels of development, endowments, demography, and institutions. Policy fundamentals matter in all cases, as they enable a vibrant private sector, the source of most jobs in the world. Labor policies can help as well, even if they are less critical than is often assumed. Development policies, from making smallholder farming viable to fostering functional cities to engaging in global markets, hold the key to success.

Download or read book Research Handbook on International Corporate Social Responsibility written by Anthony Goerzen and published by Edward Elgar Publishing. This book was released on 2023-11-03 with total page 531 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presenting an in-depth look at cutting-edge research, this essential Research Handbook develops the current understanding of corporate social responsibility (CSR) and its implications on an international scale. Including contributions from leading academics, highly-informed practitioners, and non-government organizational managers, it fully conceptualizes the implementation of CSR practices.

Download or read book Handbook of the International Political Economy of Governance written by Anthony Payne and published by Edward Elgar Publishing. This book was released on 2014-04-25 with total page 501 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 1990s many of the assumptions that anchored the study of governance in international political economy (IPE) have been shaken loose. Reflecting on the intriguing and important processes of change that have occurred, and are occurring, Profess

Download or read book Exploring Civic Innovation for Social and Economic Transformation written by Kees Biekart and published by Routledge. This book was released on 2016-05-12 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited collection examines the globally rising phenomenon of civic innovation. Combining nuanced theory with rich empirical examples, this book defines the dynamic and complex process of civic innovation as the multiple economic, political and social processes where peoples, organizations, movements and ideas are shaping struggles for global justice on the interface of capitalism. Exploring Civic Innovation for Social and Economic Transformation reflects the increasingly holistic approach to development in terms of both teaching and research, and illustrates how civic innovation happens everywhere; at the global and institutional level as well as in communities and for individuals. Through conceptual debate and narrative accounts, this book explores the new practices emerging from varying economies, transformative empowerment strategies in global value chains, local politics of social movements and the struggles for rights in regards to race, gender and sexuality. Bringing together scholars from a range of disciplines, this book would be of interest to post-graduate students of development studies, with an interest in social research.

Download or read book OECD Reviews of Evaluation and Assessment in Education Norway 2011 written by Nusche Deborah and published by OECD Publishing. This book was released on 2011-10-31 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides, for Norway, an independent analysis from an international perspective of major issues facing the evaluation and assessment framework in education along with current policy initiatives and possible future approaches.

Download or read book The World Bank Legal Review Volume 5 written by Hassane Cisse and published by World Bank Publications. This book was released on 2013-11-26 with total page 690 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume explores the potentially transformative role of effective laws and legal institutions in providing people with more opportunity that is both inclusive and equitable.

Download or read book OECD Reviews of Vocational Education and Training A Skills beyond School Review of the United States written by Kuczera Małgorzata and published by OECD Publishing. This book was released on 2013-07-10 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines vocational education and training programmes in the United States, including coverage of how they are changing, how they are funded, how they are linked to academic and university programmes and how employers and unions are involved.

Download or read book Managing Health Safety and Well Being written by Aditya Jain and published by Springer. This book was released on 2018-04-11 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: To achieve sustainable progress in workplace and societal functioning and development, it is essential to align perspectives for the management of health, safety and well-being. Employers are responsible for providing every individual with a working environment that is safe and does not harm their physical or mental health. However, the current state of the art indicates that approaches used to promote health, safety and well-being have not had the anticipated results. At the level of the enterprise it is widely understood and accepted by all stakeholders that employers share the responsibility of promoting and managing the health of their workers. Evidence indicates that most employers put in place procedures and measures to manage workers’ health and create healthy workplaces to meet legal requirements, as a response to requests by employees, as a need to improve company image/reputation, and to improve productivity. This highlights that in addition to legal requirements, the key drivers for companies also include the ethical and business case. While much has been written about role of legislation and the business case for promoting health, safety and well-being, not much is known about the ‘ethical case’ for promoting employment and working conditions. In this context, this book examines the potential of the link between responsible and sustainable workplace practices, human rights and worker health, safety and well-being and explores how complementary approaches can be used to promote employment and working conditions and sustainability at the organizational level. It offers a framework for aligning different approaches and perspectives to the promotion of workers’ health, safety and well-being and provides recommendations for introducing such an approach at the enterprise level.