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The Quality of Governance : Second-Generation Civil Service Reform in Africa

International Monetary Fund - 1998

This paper argues that the development of human capital in the public sector should be an important ingredient in any proposed set of “second-generation” reforms for Africa. In the post-colonial era the quality of governance has seriously declined, and the stock of human capital in the...

Persistent link: https://www.econbiz.de/10014401612

2014 Triennial Surveillance Review : Stakeholders Perspectives on IMF Surveillance

International Monetary Fund - 2014

Persistent link: https://www.econbiz.de/10014410665

Australia; Financial Sector Assessment Program: Technical Note: Investor Protection, Disclosure, and Financial Literacy

International Monetary Fund (IMF); International … - 2006

This study reviews selected issues on investor protection and corporate governance in Australia, and concludes that the corporate governance framework for Australian-listed companies is largely healthy and dynamic. Shareholder activism is an important element of corporate governance because it...

Persistent link: https://www.econbiz.de/10011243130

Corruption and the Rate of Temptation : Do Low Wages in the Civil Service Cause Corruption?

International Monetary Fund - 1997

This paper develops and tests two efficiency wage models of corruption in the civil service. Under fair wage models, civil service wages are an important determinant of corruption. Under shirking models, the level of wages is of secondary importance, as potential bribes dwarf wage income. The...

Persistent link: https://www.econbiz.de/10014400303

Public Sector Efficiency and Fiscal Austerity

International Monetary Fund - 1998

This paper uses a simple model to analyze the forces that determine the size of the public sector and the quality of workers employed in that sector. Workers are heterogeneous, and the public sector chooses an employment strategy that maximizes a social welfare function U(s, Y) that depends on...

Persistent link: https://www.econbiz.de/10014400822

Trade Dependency, Bargaining and External Debt

International Monetary Fund - 1988

This paper analyzes the factors determining the payment on outstanding debt in the presence of partial defaults, and the feasibility of renewed investment. We show that a higher relative size of sectors with lower substitutability between domestic and foreign products will increase the resource...

Persistent link: https://www.econbiz.de/10014395302

Civil service reform : strengthening World Bank and IMF collaboration

2002

Persistent link: https://www.econbiz.de/10010523859

Tonga : Selected Issues and Statistical Appendix

International Monetary Fund - 2003

This Selected Issues paper and Statistical Appendix reviews the past conduct of monetary policy of Tonga. The paper considers the problems in the current system and discusses the policy options available to the authorities. It reviews Tonga’s exchange rate policy and explores its effectiveness...

Persistent link: https://www.econbiz.de/10014406527

Civil Service Reform Strengthening World Bank and IMF Collaboration

International Monetary Fund - 2002

Civil service reform is often essential to bring about governanceimprovements that are needed for sustainable poverty reduction.A workshop hosted by the World Bank and the IMF in September 2001provided a forum to review the effectiveness of Bank-Fund advice and programs on civil service reform,...

Persistent link: https://www.econbiz.de/10014397690

Strategic Investment in a Debt Bargaining Framework

International Monetary Fund - 1989

, if the debtor country is unable to meet debt obligations, a bargaining regime determines the amount of debt repayment. In … the bargaining game will therefore be dependent (among other things) on the level of production in the debtor country. In … this framework, the paper shows that productive investment may increase or decrease the bargaining power of the debtor …

Persistent link: https://www.econbiz.de/10014396211

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