The World Bank Research Observer 15(1)

World Bank

The World Bank Research Observer 15(1)

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2000-02

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World Bank

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Abstract

Crisis, adjustment, and reform in Thailand's industrial firms; by David Dollar and Mary Hallward-Driemeier. Corporate performance in the East Asian financial crisis; by Stijn Claessens, Simeon Djankov, and Lixin Colin Xu. Industrial policy : growth elixir or poison?; by Howard Pack. Financial safety nets : lessons from Chile; by Philip L. Brock. Lessons in structuring derivatives exchanges; by George Tsetsekos and Panos Varangis. Growth and institutions: a review of the evidence; by Janine Aron.

Citation

“World Bank. 2000. The World Bank Research Observer 15(1). Washington, DC: World Bank. © World Bank. https://openknowledge.worldbank.org/handle/10986/13976 License: CC BY-NC-ND 3.0 IGO.”

URI

http://hdl.handle.net/10986/13976

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B. World Bank Research Observer

Georgia - Report on the Observance of Standards and Codes : Corporate Governance Country Assessment

World Bank (2021-11-30)

This report assesses the Republic of Georgia’s corporate governance (CG) policy framework, as it stands in December 2021. The report on the observance of standards and codes (ROSC) highlights recent improvements in CG regulations, assesses actual practices, makes policy recommendations, and provides investors with a benchmark against which to measure CG in Georgia. The report focuses on the governance of public interest entities (PIEs), which in Georgia are defined by law to include listed companies, banks, and state-owned enterprises (SOEs). The report draws on several sources of data, including a detailed country assessment completed by Dentons Georgia LLC, that covered both the legal framework and CG practices. Recommendations draw on a range of internationally recognized standards, guidelines, and practices, and the latest available research produced by the World Bank and others. The report ...

This report assesses the Republic of Georgia’s corporate governance (CG) policy framework, as it stands in December 2021. The report on the observance of standards and codes (ROSC) highlights recent improvements in CG regulations, assesses actual practices, makes policy recommendations, and provides investors with a benchmark against which to measure CG in Georgia. The report focuses on the governance of public interest entities (PIEs), which ...

This report assesses the Republic of Georgia’s corporate governance (CG) policy framework, as it stands in December 2021. The report on the observance of standards and codes (ROSC) highlights recent improvements in CG regulations, assesses actual practices, makes policy recommendations, and provides investors with a benchmark against ...
Indonesia : Economic and Social Update, October 2005

World Bank (2005-10)

This October 2005 edition of the Indonesia economic and social update reports that the government moved to address ballooning fuel subsidies and exchange rate instability with a bold policy package. The report emphasizes the importance of a good macroeconomic policy, investment climate reforms, and effective expenditure management in Indonesia, comprising a continued focus on reducing the government debt burden (as measured by a trend decline in debt to GDP), and depoliticizing domestic fuel prices by linking them to international prices and monetary policy designed to bring inflation in line with regional averages. It also urged that a clear articulation and coordination of policy announcements be a priority. Improvements to the investment climate would be led by reversing the slide in oil and gas exploration and production, concrete measures to address investor concerns including ...

This October 2005 edition of the Indonesia economic and social update reports that the government moved to address ballooning fuel subsidies and exchange rate instability with a bold policy package. The report emphasizes the importance of a good macroeconomic policy, investment climate reforms, and effective expenditure management in Indonesia, comprising a continued focus on reducing the government debt burden (as measured by a trend decline ...

This October 2005 edition of the Indonesia economic and social update reports that the government moved to address ballooning fuel subsidies and exchange rate instability with a bold policy package. The report emphasizes the importance of a good macroeconomic policy, investment climate reforms, and effective expenditure management ...
Putting Global Governance in Its Place

Rodrik, Dani (2020-02)

Greater interdependence is often taken to require more global governance, but the logic requires scrutiny. Cross-border spillovers do not always call for international rules. The canonical cases for global governance are based on two sets of circumstances: global commons and “beggar-thy-neighbor” (BTN) policies. The world economy is not a global commons (outside of climate change), and much of our current discussions deal with policies that are not true BTNs. Some of these are beggar-thyself policies; others may produce domestic benefits, addressing real market distortions or legitimate social objectives. The case for global governance in such policies, I will argue, is very weak, and possibly outweighed by the risk that global oversight or regulation would backfire. While these policy domains are certainly rife with failures, such failures arise not from weaknesses of global governance, but from failures of national governance and cannot be fixed through international agreements or multilateral cooperation. I advocate a mode of global governance that I call “democracy-enhancing global ...

Greater interdependence is often taken to require more global governance, but the logic requires scrutiny. Cross-border spillovers do not always call for international rules. The canonical cases for global governance are based on two sets of circumstances: global commons and “beggar-thy-neighbor” (BTN) policies. The world economy is not a global commons (outside of climate change), and much of our current discussions deal with policies that are not true BTNs. Some of these are beggar-thyself policies; others may produce domestic benefits, addressing ...

Greater interdependence is often taken to require more global governance, but the logic requires scrutiny. Cross-border spillovers do not always call for international rules. The canonical cases for global governance are based on two sets of circumstances: global commons and “beggar-thy-neighbor” (BTN) policies. The world economy is not a global commons (outside of climate change), and much of our current ...

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