Development Centre Studies Uses And Abuses Of Governance Indicators
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Development Centre Studies Uses and Abuses of Governance Indicators
This study helps users find their way through the jungle of governance indicators, and shows how they tend to be widely misused both in international comparisons and in tracking changes in individual countries.
Corruption, Accountability and Discretion
Author: Nancy S. Lind
language: en
Publisher: Emerald Group Publishing
Release Date: 2017-10-25
This timely and insightful book provides the key elements needed to understand the nature and prevalence of corruption in public governance, as well as the devastating public policy consequences.
Do Financial Markets Value Quality of Fiscal Governance?
Author: Kady Keita
language: en
Publisher: International Monetary Fund
Release Date: 2019-10-11
We examine the link between the quality of fiscal governance and access to market-based external finance. Stronger fiscal governance is associated with improvements in several indicators of market access, including a higher likelihood of issuing sovereign bonds and having a sovereign credit rating, receiving stronger ratings, and obtaining lower spreads. Using the more granular information on quality of fiscal governance from Public Expenditure and Financial Accountability (PEFA) assessments for 89 emerging and developing economies, we find that similar indicators of market access are correlated with sound public financial management practices, especially those that improve budget transparency and reporting, debt management, and fiscal strategy.