Showing 1 - 10 of 169
This paper argues that nonfinancial risk management is an essential element of good governance of central banks. It provides a funnelled analysis, on the basis of selected literature, by (i) presenting an outline of central bank governance in general; (ii) zooming in on internal governance and...
Persistent link: https://www.econbiz.de/10011434737
The government's ability to deliver inclusive growth crucially depends on the quality of governance. This paper reviews the linkages between governance and inclusive growth, and key policies to improve governance. The policies include (1) structural reform, automation, improving rules and...
Persistent link: https://www.econbiz.de/10012604784
This paper argues that better governance practices can reduce the costs, risks and uncertainty of financial intermediation. Our sample covers high-, middle- and low-income countries before and after the global financial crisis (GFC). We find that net interest margins of banks are lower if...
Persistent link: https://www.econbiz.de/10011978660
This paper analyzes the pervasiveness and persistence of rent seeking, misgovernance, and public sector inefficiency in many developing and transition economies. We formalize evidence from country experiences and empirical studies into a stylized analytical framework that reflects realistic...
Persistent link: https://www.econbiz.de/10014401974
schemes to strengthen mitigation incentives for the transportation, industry, building, forestry, and agricultural sectors …
Persistent link: https://www.econbiz.de/10012610730
This paper reviews forestry reform in the Congo basin, focusing on Gabon. It argues that the key challenge for the … Congo basin countries is to manage their forests in a sustainable manner. It presents the current situation of forestry … taxation and forestry reform in Gabon. The paper analyzes optimal taxation in the forestry sector using a static model. The …
Persistent link: https://www.econbiz.de/10014401158
Countries generally tax the forestry sector to achieve the twin objectives of revenue maximization and sustainability …-have limited the use of auctions so far, particularly in low-income countries. To establish transparency of the forestry sector …
Persistent link: https://www.econbiz.de/10014404209
Persistent link: https://www.econbiz.de/10010479409
Capacity development is one of the IMF's core activities. Its impact is monitored through a Results-Based Management framework. Using for the first time the resulting dataset, the paper investigates how the likelihood of achieving targeted outcomes correlates with macroeconomic conditions and...
Persistent link: https://www.econbiz.de/10012795095
In the 1990s and early 2000s, Belize grew faster than its regional peers. By the mid-2000s, however, economic growth had slowed down to the regional average. A vicious circle of low growth and increasing public debt has been clouding Belize's outlook. This paper applies a growth diagnostic...
Persistent link: https://www.econbiz.de/10012001597