With the recent stock market frauds in markets around the world such as the Madoff case in the U.S. and the recent … World Bank and the International Corporate Governance Network (ICGN), along with major fund managers, are formulating sets … poor job of policing the complex world of finance and that the greater part of the task will be left to self policing on …

the policies to forestall them. The paper concludes by identifying directions for future research. "--World Bank web site …

supervision in every country in the world. The paper concludes by identifying reforms that would improve incentives by increasing … transparency and accountability in government and industry alike. "--World Bank web site …

governments around the world as monitors of their self-owned banks. Countries should build on this potential for market discipline … strengthen countries' financial systems"--World Bank web site …

conducive to crisis can also be associated with more unequal societies."--World Bank web site …

larger effort in the group to understand the sources of growth and volatility"--World Bank web site …

department to study the containment and resolution of financial crises"--World Bank web site …