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Author : Asian Development Bank Publisher : Asian Development Bank Page : 46 pages File Size : 46,9 Mb Release : 2009-09-01 Category : Business & Economics ISBN : 9789290921684
The electricity sector is vulnerable to a broad range of risks that can threaten development effectiveness. Risks can spring from the magnitude of the sector's capital investments, opportunities for discretionary decision making and rent seeking by stakeholders, weak policy and regulatory frameworks, capacity weaknesses of sector entities, and inefficient systems. Governance risk vulnerabilities can cut across policy formulation, regulation, planning, financial management, procurement, and sector operations. This guidance note aims to explain key features of the electricity sector and identify entry points for mapping governance risks.
Operational Guidance Note On Program Design and Conditionality by International Monetary Fund. Strategy, Policy, & Review Department Pdf
This note aims to provide guidance on the key principles and considerations underlying the design of Fund-supported programs. The note expands on the previous operational guidance notes on conditionality published over 2003-2014, incorporating lessons from the 2018-19 Review of Conditionality, and other recent key policy developments including the recommendation of the Management’s Implementation Plan in response to Independent Evaluation Office (IEO)’s report on growth and adjustment in IMF-supported programs. The note in particular highlights operational advice to (i) improve the realism of macroeconomic forecast in programs and fostering a more systematic analysis of contingency plans and risks; (ii) improve the focus, depth, implementation, and tailoring of structural conditions (SCs), with due consideration of growth effects; and (iii) help strengthen the ownership of country authorities. Designed as a comprehensive reference and primer on program design and conditionality in an accessible and transparent manner, the note refers in summary to a broad range of economic and policy considerations over the lifecycle of Fund-supported programs. As with all guidance notes, the relevant IMF Executive Board Decisions remain the primary legal authority on matters covered in this note.
Guidance Note for Article IV Consultations by International Monetary Fund. Strategy, Policy, & Review Department Pdf
This note provides guidance to staff on the conduct of surveillance in the context of Article IV consultations, a core activity of the Fund. Surveillance involves the continuous monitoring of members‘ economic and financial policies and their impact on their own and global stability. During Article IV consultations, staff holds pointed discussions with country authorities on the economic situation, the authorities‘ policies and how these affect the country‘s stability, the role of potential or actual spillovers where relevant, and desirable policy adjustments. These discussions are then reported to the Fund‘s Executive Board for its consideration. The goal, through thorough analysis, candid discussions, and a peer-review mechanism, is to promote the stability of members‘ economies, as well as the effective operation of the international monetary system, including through maintaining global stability.
Author : International Monetary Fund Publisher : International Monetary Fund Page : 45 pages File Size : 42,5 Mb Release : 2014-06-11 Category : Business & Economics ISBN : 9781498342629
Staff Guidance Note on Macroprudential Policy by International Monetary Fund Pdf
This note provides guidance to facilitate the staff’s advice on macroprudential policy in Fund surveillance. It elaborates on the principles set out in the “Key Aspects of Macroprudential Policy,” taking into account the work of international standard setters as well as the evolving country experience with macroprudential policy. The main note is accompanied by supplements offering Detailed Guidance on Instruments and Considerations for Low Income Countries
Author : Asian Development Bank Publisher : Asian Development Bank Page : 67 pages File Size : 46,7 Mb Release : 2010-08-01 Category : Business & Economics ISBN : 9789290920939
Guidance Note: Road Transport Subsector Risk Assessment by Asian Development Bank Pdf
The road transport subsector tends to be vulnerable to risks. This is due to large budgets that often comprise a sizable percentage of a country's national budget (20%-30%), an unclear strategic vision, nontransparent policy decisions that lead to inappropriate priorities, procurement contracts for goods and services that lend themselves to corruption, and political interference. Additional factors include weak business processes and control systems, weak capacity of subsector agencies, and fragile links across agencies and stakeholders. This guidance note aims to explain key features of the road transport subsector and identify entry points for mapping governance risks.
International Monetary Fund. Strategy, Policy, & Review Department,International Monetary Fund. Legal Dept.,International Monetary Fund. Monetary and Capital Markets Department
Author : International Monetary Fund. Strategy, Policy, & Review Department,International Monetary Fund. Legal Dept.,International Monetary Fund. Monetary and Capital Markets Department Publisher : International Monetary Fund Page : 78 pages File Size : 51,8 Mb Release : 2023-12-20 Category : Business & Economics ISBN : 9798400264474
Guidance Note for the Fund's Policy on Multiple Currency Practices by International Monetary Fund. Strategy, Policy, & Review Department,International Monetary Fund. Legal Dept.,International Monetary Fund. Monetary and Capital Markets Department Pdf
This note provides operational guidance to staff on the implementation of the new Fund’s policy on multiple currency practices (MCPs), effective February 1, 2024. The MCP policy is a key element of the Fund’s jurisdiction on exchange rates. The Fund’s Articles of Agreement prohibit member countries from engaging or permitting their fiscal agencies (as defined in the Articles) to engage in MCPs unless authorized under the Articles or approved by the Fund. The comprehensive review of the policy in 2022 aimed to reflect developments in FX policy and FX markets since the last policy review in the 1980s and to align it with other relevant Fund’s policies. Key changes to the policy include the following: (i) an MCP will arise due to an official action that segments foreign exchange (FX) markets or increases or subsidizes the cost of certain FX transactions (e.g., exchange taxes) and the resulting exchange rate spreads exceed the permissible margins, (ii) MCPs will be identified on the basis of a new country-specific market-based rule, and (iii) the new policy ensures better alignment of the MCP policy with other relevant IMF’s policies. The note provides guidance to staff on all stages of the process: from identification of an MCP to its approval or removal and clarifies the treatment of MCPs in surveillance and Fund-supported programs. It also guides staff’s engagement with the authorities on MCP issues and their coverage in country documents.
Policy Coordination Instrument—Operational Guidance Note by International Monetary,International Monetary Fund. Strategy, Policy, & Review Department Pdf
This note provides general guidance on the use of the Policy Coordination Instrument (PCI), a non-financing instrument designed for countries that are seeking to unlock financing from multiple sources and/or to demonstrate a commitment to a reform agenda. Since its establishment in 2017 as part of the Fund’s work on the Global Financial Safety Net, the PCI has been used by several members. These early experiences helped establish and refine best practices, which are reflected in the operational guidance note. The note covers operational issues in a broad range of areas such as purpose, objectives, and eligibility, modalities, applicability of UFR-related and other relevant policies, design of a PCI-supported program, conditionality framework, review cycle, and a comparison with other instruments. The note is an aid to the implementation of the policy and its underlying principles. If there is any instance in which a provision of the guidance note or its implementation conflicts with Board policy, Board policy prevails.
Author : Asian Development Bank Publisher : Asian Development Bank Page : 56 pages File Size : 40,7 Mb Release : 2009-11-01 Category : Political Science ISBN : 9789290921677
Guidance Note: Urban Water Supply Sector Risk Assessment by Asian Development Bank Pdf
The urban water supply sector is vulnerable to a broad range of risks that can threaten development effectiveness. Risks can spring from the involvement of multiple institutions in water governance, capital intensity, large-scale procurement contracts for goods and services that lend themselves to corruption, interface between public and private sectors, and political pressure on tariffs. Additional factors include weak capacity of sector agencies, high demand for water services, water scarcity, and dispersed water provision in poorly planned urban communities. This guidance note aims to explain key sector features of urban water supply and identify entry points for mapping governance risks. This guidance note aims to explain key sector features of urban water supply and identify entry points for mapping governance risks.
Guidance Note for the Use of Third-Party Indicators in Fund Reports by International Monetary Fund. Strategy, Policy, & Review Department,International Monetary Fund. Statistics Dept. Pdf
This note provides guidance on use of third-party indicators (TPIs) in Fund reports, in line with the policy endorsed by the Board in November 2017.
Author : International Monetary Fund Publisher : International Monetary Fund Page : 61 pages File Size : 47,5 Mb Release : 2010-01-04 Category : Business & Economics ISBN : 9781498337700
Guidance Note on the Fund’s Transparency Policy by International Monetary Fund Pdf
The global financial crisis has had a significant impact on low-income countries (LICs)’ debt vulnerabilities. Recent debt sustainability analyses (DSAs) indicate that external and fiscal financing requirements have increased. In addition, standard measures of a country’s capacity to repay debt?GDP, exports, and fiscal revenue?are expected to be permanently lower. On average, debt ratios are therefore expected to deteriorate in the near term, particularly for public debt.
Flexible Credit Line--Operational Guidance Note by International Monetary Fund. Strategy, Policy, & Review Department,International Monetary Fund. Finance Dept.,International Monetary Fund. Legal Dept. Pdf
The Flexible Credit Line (FCL) was introduced as part of a package of reforms to the Fund’s lending facilities in March 2009 and its design was further refined in August 2010 and in the 2014 Review of the policy. The following provides operational guidance and further background information on the FCL. SPR (the Emerging Markets Division), FIN, and LEG stand ready to clarify any further questions departments may have on the FCL or other aspects of the reforms to lending and conditionality.
Resilience and Sustainability Facility—Operational Guidance Note by International Monetary Fund. Strategy, Policy, & Review Department,International Monetary Fund. Finance Dept.,International Monetary Fund. Legal Dept. Pdf
This note provides general guidance on the operationalization of the Resilience and Sustainability Facility (RSF) for arrangement requests and reviews. The RSF complements the existing IMF lending toolkit by providing longer-term, affordable financing to members to help them address longer-term structural challenges from climate change and pandemic preparedness. The note has benefited from experience gained during early operationalization of the RSF.
Guidance Note on Information Sharing Between IMF and World Bank Staff by International Monetary,International Monetary Fund. Strategy, Policy, & Review Department,World Bank Pdf
This Guidance Note outlines good practices on information-sharing across key areas in which the Bank and the IMF interact. The note outlines general principles consistent with these frameworks and discusses how the staffs of the two institutions are expected to exchange information related to country operations, technical assistance, and policy work.
Code of Practice for Project Management for the Built Environment by CIOB (The Chartered Institute of Building) Pdf
The latest edition of the gold standard in construction project management references The newly revised sixth edition of the Code of Practice for Project Management for the Built Environment, prepared by the Chartered Institute of Building, is an up-to-date and comprehensive reference covering the principles and practice of project management in construction and development. This latest edition covers the new technologies, internationalisation, changing legislation, and productivity and profitability challenges faced by contractors which all combine to drive significant change in the industry. The book demonstrates the application of systematic documentation and quality control to complex construction projects and offers guidance and tools that link key principles to practical project management. It is worldwide in scope and widely recognised as the industry standard on the subject. With fresh discussions of quality assurance, global codes and standards, time management, joint ventures, contract compliance, supply chain integration, design digitisation, and much more, the Code of Practice for Project Management for the Built Environment also includes: A thorough introduction to project inception, feasibility analysis, strategy, and the pre-construction process Comprehensive explorations of the construction stage of projects, as well as testing and commissioning, and project completion, handover, and operation Practical discussions of post-completion review A glossary and index of essential terms in construction project management Perfect for project management professionals in construction contracting and client organisations, Code of Practice for Project Management for the Built Environment will also earn a place in the libraries of undergraduate and postgraduate students of project management and construction-related subjects. The Chartered Institute of Building is the world’s largest professional body for construction management and leadership. It has a Royal Charter to promote the science and practice of building and construction for the benefit of society. Members across the world work in the development, conservation, and improvement of the built environment.
DAC Guidelines and Reference Series Applying Strategic Environmental Assessment Good Practice Guidance for Development Co-operation by OECD Pdf
This Guidance volume explains the benefits of using SEA in development co-operation and sets out key steps for its application based on recent experiences.