2011 Review Of The Standards And Codes Initiative Background Paper
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2011 Review Of The Standards And Codes Initiative
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Author : Internationaler Währungsfonds
language : en
Publisher:
Release Date : 2011
2011 Review Of The Standards And Codes Initiative written by Internationaler Währungsfonds and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with categories.
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.
2011 Review Of The Standards And Codes Initiative Background Paper
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2011-02-16
2011 Review Of The Standards And Codes Initiative Background Paper written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-02-16 with Business & Economics categories.
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.
2011 Review Of The Standards And Codes Initiative
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2011-02-16
2011 Review Of The Standards And Codes Initiative written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-02-16 with Business & Economics categories.
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.
2011 Review Of The Standards And Codes Initiative Reports On The Observance Of Standards And Codes Rosc Case Studies
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2011-02-16
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 has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-02-16 with Business & Economics categories.
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.
The 2017 Joint Review Of The Standards And Codes Initiative
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Author : International Monetary Fund. Strategy, Policy, & Review Department
language : en
Publisher: International Monetary Fund
Release Date : 2017-03-08
The 2017 Joint Review Of The Standards And Codes Initiative written by International Monetary Fund. Strategy, Policy, & Review Department and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-03-08 with Social Science categories.
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.
Systemic Risk And The Future Of Insurance Regulation
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Author : Andromachi Georgosouli
language : en
Publisher: Taylor & Francis
Release Date : 2017-09-19
Systemic Risk And The Future Of Insurance Regulation written by Andromachi Georgosouli and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-19 with Law categories.
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.
Exploring Civic Innovation For Social And Economic Transformation
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Author : Kees Biekart
language : en
Publisher: Routledge
Release Date : 2016-05-12
Exploring Civic Innovation For Social And Economic Transformation written by Kees Biekart and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-05-12 with Business & Economics categories.
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.
The International Handbook Of Public Financial Management
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Author : Richard Allen
language : en
Publisher: Springer
Release Date : 2013-08-15
The International Handbook Of Public Financial Management written by Richard Allen and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-08-15 with Business & Economics categories.
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.
Oecd Reviews Of Evaluation And Assessment In Education Norway 2011
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Author : Nusche Deborah
language : en
Publisher: OECD Publishing
Release Date : 2011-10-31
Oecd Reviews Of Evaluation And Assessment In Education Norway 2011 written by Nusche Deborah and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-10-31 with categories.
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.
The World Bank Legal Review Volume 5
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Author : Hassane Cisse
language : en
Publisher: World Bank Publications
Release Date : 2013-11-26
The World Bank Legal Review Volume 5 written by Hassane Cisse and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-26 with Law categories.
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.