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Public Expenditure Reform Under Adjustment Lending
This paper argues that the World Bank should follow a systemic approach to developing guidance on public expenditure reform. Suggested approaches are to: determine an appropriate role for government and its various agents and specify their partnership with the civil society and the private sector; clarify the goals of reform and specify performance monitoring and evaluation indicators; target unproductive and inequitable expenditures from elimination; emphasize poverty alleviation; and promote equity and adopt general guidelines on policy environment goals for external assistance.
Applying a Simple Measure of Good Governance to the Debate on Fiscal Decentralization
March 1998 Applying an index for the quality of governance reveals a surprisingly strong positive correlation between fiscal decentralization and quality of governance. Debates about the appropriate role, policies, and institutions of the state are often hampered by the lack of a definition for good government. To provide a quantifiable measure of good government, Huther and Shah develop an index for the quality of governance for a sample of 80 countries. They apply the index to the debate on the appropriate level of fiscal decentralization. In measuring the quality of governance, the authors develop indices for the government's ability to: * Ensure political transparency and a voice for all...
Anti-corruption Policies and Programs
In a largely corruption-free environment, anti-corruption agencies, ethics offices, and ombudsmen strengthen the standards of accountability. In countries with endemic corruption, however, the same institutions function in form but not in substance; under a best case scenario such institutions might be helpful, but the more likely outcome is that they help to preserve social justice.
Corruption and Good Governance in Asia
Bringing together contributions on the nature of corruption in East and Southeast Asia, this edited volume examines the means of limiting and ultimately eliminating corruption at a national and international level. Taking a country by country approach the text explores: the concept of corruption, now and in the past recent experiences of Asian countries at the macro- and micro-levels practical local and international measures to constrain corruption. The volume outlines key principles of good governance and the policies and practices essential for their application. As such, it represents an extremely valuable contribution to our understanding of corruption and how to tackle the problem.
Policy, Program and Project Evaluation
Evaluation in recent decades has evolved from a tool for project appraisals to a more widely used framework for public decision-making and operational management. Most evaluation books are focused on traditional tools of analysis such as cost-effectiveness and cost-benefit analysis to the neglect of modern tools such as multi-criteria evaluation, social marginal cost of funds analysis, data envelopment analysis, results-oriented management and evaluation and theory based evaluations. This edited volume provides an easily accessible and comprehensive survey of both traditional and modern tools of analysis that are used in the evaluation literature to evaluate public projects, programs, policies and policy analysis and advice. The book will be of interest to students, scholars, researchers, practitioners and policy makers.
Evaluation and Development
The Institutional Dimension.
Challenging Corruption in Asia
"Challenging Corruption in Asia provides an analytical framework to explore and attempt to answer these questions. Drawing on their experience as public policy advisors and implementers of anticorruption programs, the authors outline a six-step approach to developing effective anticorruption strategies tailored specifically to a country's pattern of corruption and conditions of governance. Case studies are written by researchers and policy advisors from Indonesia, the Philippines, Thailand, and South Korea. Together, they illustrate the impact of country-specific patterns of corruption and governance on anticorruption effectiveness. Emphasis is placed on choosing anticorruption instruments suited to the governance environment, on the key roles played by anticorruption champions, especially civil society organizations and the media, and on the need to make information on the extent and perceptions of corruption widely available." --Résumé de l'éditeur.
East Asia Corporations
East Asian corporations differ from their counterparts in other countries in important ways. Before the recent financial crisis these differences were viewed as one of the reasons for the success of East Asian economies. The crisis altered that view, and many scholars now argue that the weak corporate governance and financing structures of East Asian corporations are partly to blame for the recent crisis. This paper reviews several features of East Asian corporations, showing that they have high leverage and concentrated ownership, are typically affiliated with business groups, and operate in multiple industries. These characteristics affected the performance of corporations prior to the crisis as well as their ability to deal with its aftermath. Each economy's level of development also affected how these characteristics interacted with firm performance and valuation. Finally, the concentration of ownership in the hands of a few large families may have influenced economies' institutional development.
Russian Enterprise Reform
To enhance and sustain economic prosperity, Russian authorities must improve the business climate so that firms restructure and the private sector thrives within a market environment. Meeting this challenge requires actions on several fronts. The Russian government asked the World Bank to write policy papers to address this issue. This volume contains those policy papers which were then presented at a high-level workshop in Moscow. The topics include: removing impediments to robust interfirm competition, such as structural concentration, arbitrary regulatory practices, and entry barriers; strengthening corporate governance incentive systems; enhancing the nascent institutional framework for the exercise of creditor rights and implementation of enterprise bankruptcy procedures; reducing barter and other nonmonetary forms of business transactions; and fostering enterprise restructuring. The volume also contains formal comments on these papers presented by senior Russian officials at the workshop.
