Guidance Note On State Owned Enterprise Reform For Nonsovereign And One Adb Projects

Author : Asian Development Bank
Publisher : Asian Development Bank
Page : 95 pages
File Size : 52,5 Mb
Release : 2022-11-01
Category : Business & Economics
ISBN : 9789292698232

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Guidance Note on State-Owned Enterprise Reform for Nonsovereign and One ADB Projects by Asian Development Bank Pdf

Under Strategy 2030, the Asian Development Bank (ADB) is committed to state-owned enterprise (SOE) reform in its developing member countries (DMCs). The publication reviews the significance of SOEs in Asia and the Pacific, the role of SOE reform in ADB's strategy, and related requirements for nonsovereign and One ADB projects. Nonsovereign financing for SOEs can help reduce the burden of sovereign debt and mobilize new funding for vital investments, including climate change mitigation. Designed to guide ADB staff in their work with SOEs through sovereign projects, policy-based loans, and technical assistance, this publication may also be of use to DMC officials and SOE boards and management.

Author : Uwe Böwer
Publisher : International Monetary Fund
Page : 27 pages
File Size : 41,5 Mb
Release : 2017-10-30
Category : Business & Economics
ISBN : 9781484315163

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State-Owned Enterprises in Emerging Europe: The Good, the Bad, and the Ugly by Uwe Böwer Pdf

State-owned enterprises (SOEs) play an important role in Emerging Europe’s economies, notably in the energy and transport sectors. Based on a new firm-level dataset, this paper reviews the SOE landscape, assesses SOE performance across countries and vis-à-vis private firms, and evaluates recent SOE governance reform experience in 11 Emerging European countries, as well as Sweden as a benchmark. Profitability and efficiency of resource allocation of SOEs lag those of private firms in most sectors, with substantial cross-country variation. Poor SOE performance raises three main risks: large and risky contingent liabilities could stretch public finances; sizeable state ownership of banks coupled with poor governance could threaten financial stability; and negative productivity spillovers could affect the economy at large. SOE governance frameworks are partly weak and should be strengthened along three lines: fleshing out a consistent ownership policy; giving teeth to financial oversight; and making SOE boards more professional.

Author : Gabriella Margherita Racca,Christopher Yukins
Publisher : Bruylant
Page : 534 pages
File Size : 46,5 Mb
Release : 2020-02-12
Category : Law
ISBN : 9782802765295

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Joint Public Procurement and Innovation by Gabriella Margherita Racca,Christopher Yukins Pdf

Innovation in public procurement is essential for sustainable and inclusive growth in an increasingly globalized economy. To achieve that potential, both the promises and the perils of innovation must be investigated, including the risks and opportunities of joint procurement across borders in the European Union and the United States. This in-depth research investigates innovation in public procurement from three different perspectives. First, leading academics and practitioners assess the purchase of innovation, with a particular focus on urban public contracting in smart cities involving meta-infrastructures, public-private partnership arrangements and smart contracts. A second line of inquiry looks for ways to encourage innovative suppliers. Here, the collected authors draw on emerging lessons from the US and Europe, to explore both the costs and the benefits of spurring innovation through procurement. A third perspective looks to various innovations in the procurement process itself, with a focus on the effects of joint and cross-border procurement in the EU and US landscapes. The chapters review new technologies and platforms, the increasingly automated means of selecting suppliers, and the related efficiencies that “big data” can bring to public procurement. Expanding on research in the editors’ prior volume, Integrity and Efficiency in Sustainable Public Contracts: Balancing Corruption Concerns in Public Procurement Internationally (Bruylant 2014), this volume builds on a series of academic conferences and exchanges to address these issues from sophisticated academic, institutional and practical perspectives, and to point the way to future research on the contractual models that are emerging from new procurement technologies.

Author : Global Infrastructure Hub
Publisher : Unknown
Page : 128 pages
File Size : 43,5 Mb
Release : 2019-06-04
Category : Electronic
ISBN : 064807627X

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Guidance Note on National Infrastructure Banks and Similar Financing Facilities by Global Infrastructure Hub Pdf

Author : Ms.Anja Baum,Clay Hackney,Paulo Medas,Mouhamadou Sy
Publisher : International Monetary Fund
Page : 43 pages
File Size : 44,8 Mb
Release : 2019-11-22
Category : Social Science
ISBN : 9781513522227

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Governance and State-Owned Enterprises: How Costly is Corruption? by Ms.Anja Baum,Clay Hackney,Paulo Medas,Mouhamadou Sy Pdf

State-owned enterprises (SOEs) are present in key sectors of the economies around the world. While they can provide an important public service, there is widespread concern that their activities are negatively affected by corruption. However, there is limited cross-country analysis on the costs of corruption for SOEs. We present new evidence on how corruption affects the performance of SOEs using firm level data across a large number of countries. One striking result is that SOEs perform as well as private firms in core sectors when corruption is low. Taking advantage of a novel database reforms, we also show that SOE governance reforms can generate significant performance gains.

Author : Ms. Emilia M Jurzyk,Mr. Cian Ruane
Publisher : International Monetary Fund
Page : 45 pages
File Size : 48,6 Mb
Release : 2021-03-12
Category : Business & Economics
ISBN : 9781513571928

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Resource Misallocation Among Listed Firms in China: The Evolving Role of State-Owned Enterprises by Ms. Emilia M Jurzyk,Mr. Cian Ruane Pdf

We document that publicly listed Chinese state-owned enterprises (SOEs) are less productive and profitable than publicly listed firms in which the state has no ownership stake. In particular, Chinese listed SOEs are more capital intensive and have a lower average product of capital than non-SOEs. These productivity differences increased between 2002 and 2009, and remain sizeable in 2019. Using a heterogeneous firm model of resource misallocation, we find that there are large potential productivity gains from reforms which could equalize the marginal products of listed SOEs and listed non-SOEs.

Author : Asian Development Bank
Publisher : Asian Development Bank
Page : 235 pages
File Size : 49,7 Mb
Release : 2017-02-01
Category : Business & Economics
ISBN : 9789292577544

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Meeting Asia's Infrastructure Needs by Asian Development Bank Pdf

Infrastructure is essential for development. This report presents a snapshot of the current condition of developing Asia's infrastructure---defined here as transport, power, telecommunications, and water supply and sanitation. It examines how much the region has been investing in infrastructure and what will likely be needed through 2030. Finally, it analyzes the financial and institutional challenges that will shape future infrastructure investment and development.

Author : Asian Development Bank
Publisher : Unknown
Page : 596 pages
File Size : 50,9 Mb
Release : 2005
Category : Banks and banking
ISBN : STANFORD:36105132130829

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Annual Report for ... by Asian Development Bank Pdf

Author : Peter McCawley
Publisher : Asian Development Bank
Page : 548 pages
File Size : 41,9 Mb
Release : 2017-04-01
Category : Business & Economics
ISBN : 9789292577926

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Banking on the Future of Asia and the Pacific by Peter McCawley Pdf

This book is a history of the Asian Development Bank (ADB), a multilateral development bank established 50 years ago to serve Asia and the Pacific. Focusing on the region’s economic development, the evolution of the international development agenda, and the story of ADB itself, this book raises several key questions: What are the outstanding features of regional development to which ADB had to respond? How has the bank grown and evolved in changing circumstances? How did ADB’s successive leaders promote reforms while preserving continuity with the efforts of their predecessors? ADB has played an important role in the transformation of Asia and the Pacific the past 50 years. As ADB continues to evolve and adapt to the region’s changing development landscape, the experiences highlighted in this book can provide valuable insight on how best to serve Asia and the Pacific in the future.

Author : International Monetary Fund. Asia and Pacific Dept
Publisher : International Monetary Fund
Page : 77 pages
File Size : 50,6 Mb
Release : 2017-08-15
Category : Business & Economics
ISBN : 9781484314722

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People's Republic of China by International Monetary Fund. Asia and Pacific Dept Pdf

This Selected Issues paper examines the drivers and prospects for high levels of savings in China. China has one of the highest levels of national savings in the world, which is at the heart of its external and internal imbalances. High and rising household savings have mainly resulted from demographic changes as a result of the one-child policy and the breakdown of the social safety net during the transition from a planned to a market economy. Demographic changes will put downward pressure on national savings. Policy efforts to strengthen the social safety net and reduce income inequality are also needed to reduce savings further and faster and to boost consumption.

Author : International Monetary Fund,World Bank
Publisher : International Monetary Fund
Page : 157 pages
File Size : 47,8 Mb
Release : 2021-03-12
Category : Business & Economics
ISBN : 9781513573922

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Guidance Note For Developing Government Local Currency Bond Markets by International Monetary Fund,World Bank Pdf

This guidance note was prepared by International Monetary Fund (IMF) and World Bank Group staff under a project undertaken with the support of grants from the Financial Sector Reform and Strengthening Initiative, (FIRST).The aim of the project was to deliver a report that provides emerging market and developing economies with guidance and a roadmap in developing their local currency bond markets (LCBMs). This note will also inform technical assistance missions in advising authorities on the formulation of policies to deepen LCBMs.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 45 pages
File Size : 52,8 Mb
Release : 2014-06-11
Category : Business & Economics
ISBN : 9781498342629

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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 : Mr.Bernardin Akitoby,Mr.Larry Q Cui,Silvia Domit,Jingzhou Meng,Mr.Slavi T Slavov,Mrs.Nujin Suphaphiphat,Hanqi Zhang
Publisher : International Monetary Fund
Page : 66 pages
File Size : 40,8 Mb
Release : 2020-05-11
Category : Business & Economics
ISBN : 9781513532837

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Improving Fiscal Transparency to Raise Government Efficiency and Reduce Corruption Vulnerabilities in Central, Eastern, and Southeastern Europe by Mr.Bernardin Akitoby,Mr.Larry Q Cui,Silvia Domit,Jingzhou Meng,Mr.Slavi T Slavov,Mrs.Nujin Suphaphiphat,Hanqi Zhang Pdf

This departmental paper investigates how countries in Central, Eastern, and Southeastern Europe (CESEE) can improve fiscal transparency, thereby raising government efficiency and reducing corruption vulnerabilities.

Author : Robert F. Wihtol
Publisher : Unknown
Page : 173 pages
File Size : 41,8 Mb
Release : 2018
Category : Business & Economics
ISBN : 9292613421

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A Partnership Transformed by Robert F. Wihtol Pdf

This publication explores three decades of cooperation between the Asian Development Bank and the People's Republic of China in support of reform and opening up. This book is a history of the partnership between the Asian Development Bank (ADB) and the People's Republic of China (PRC) spanning three decades. Since joining ADB in 1986, the PRC has evolved from being a poor and predominantly agrarian economy to an upper-middle income manufacturing and services powerhouse that has become a leading international source of financial, technical, and knowledge cooperation. This historically unprecedented transformation has shaped every aspect of the ADBPRC relationship. The successful partnership owes much to the PRC's unique approach to developing its economy, and offers valuable lessons for other countries and development partners.

Author : Asian Development Bank
Publisher : Asian Development Bank
Page : 127 pages
File Size : 42,6 Mb
Release : 2012-07-01
Category : Business & Economics
ISBN : 9789290927259

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Loan Disbursement Handbook by Asian Development Bank Pdf

This handbook is a compilation of the disbursement policies, guidelines, procedures, and practices of the Asian Development Bank (ADB).