scholarly journals IFIs undertake financing when their environmental and social quality criteria are met

2021 ◽  
Vol 25 (6) ◽  
pp. 85-111
Author(s):  
G. Ahamer
Keyword(s):  
Financial Institutions ◽  
Selection Process ◽  
Quality Criteria ◽  
International Financial Institutions ◽  
Global Finance ◽  
Project Quality ◽  
Green Finance ◽  
Societal Learning ◽  
Social Project

The main content of this article is to describe “climate finance” and “green finance” in detail, as implemented by International Financial Institutions (IFIs) and their pertinent environmental and social project quality criteria. The approach of this article is to perceive and understand environment-related activities of international financial institutions (IFIs) as part of a societal learning process, and consequently to describe their “environmental and social project quality criteria” as an expression of such ongoing societal learning processes. What can our readership, related to global finance, profit from such a comparison? Against the expectation of many, IFIs already implemented efficient rules for redirecting global funds to climate and environmental projects — and have thus performed a successful “act of societal learning”. The “environmental and social project quality criteria” have played a crucial role in convincing economic and administrative actors (i. e., learners in our context) to behave in a climatecompatible manner. Thus, the lesson can be drawn from the domain of “societal learning” to the domain of “individual learning” that clear and transparent criteria sets are decisive for a rule-based societal transformation. This article shows that a criteriabased selection process provides the best results for long-term societal interest; in this case climate protection.

Liberia's next president faces mounting expectations

2017 ◽  
Keyword(s):  
Financial Institutions ◽  
Foreign Investment ◽  
Government Expenditure ◽  
Public Spending ◽  
International Financial Institutions ◽  
Content Type ◽  
Capital Spending ◽  
Election Violence ◽  
Poor Infrastructure

Significance Whoever succeeds outgoing President Ellen Johnson Sirleaf will have to tackle widespread state corruption, cut recurrent government expenditure and boost infrastructure spending to spur economic growth. Impacts Post-election violence could spike if the opposition loses and accuses a partial electoral commission of manipulation. Low capital spending and poor infrastructure will remain a persistent deterrence to long-term private and foreign investment. International financial institutions will pressure the new government to cut public spending. Further delays to a proposed constitutional referendum are likely.

scholarly journals Justification of criticism of the international financial institutions

2010 ◽  
Vol 55 (186) ◽  
pp. 115-132 ◽  
Author(s):  
Dzenan Djonlagic ◽  
Amra Kozaric
Keyword(s):  
World Bank ◽  
Financial Institutions ◽  
Global Financial Crisis ◽  
International Financial Institutions ◽  
Economic Growth And Development ◽  
The Public ◽  
Strategic Effect ◽  
The Global Financial Crisis ◽  
Global Financial System

As more than half a century has passed since the establishment of the international financial institutions (IMF, World Bank), this paper analyzes the opinion that these institutions have not accomplished their mission. They generally admit that they have not succeeded in the activities that they set out to accomplish, a propos of gathering funds for countries faced with economic gaps and helping them to maintain long term economic growth and development. We show that these financial institutions have done nothing to reduce poverty and financial disparities, to increase their own transparency, responsibility and management, especially with the public participation of developing countries, or to create a more effective loans system. In this paper the main goal of research is to explore the arguments pro and contra the strategic effect, policy, and working methodology of the international financial institutions in view of finding a solution to the global financial crisis and global prevalent financial problems, and also to consider the reasons for the justification or otherwise of their being part of the global financial system.

scholarly journals Strategic aspects of Ukraine’s cooperation with IFIs in the energy sector

2021 ◽  
Vol 2021 (1) ◽  
pp. 83-100
Author(s):  
Kateryna KLYMENKO ◽  
◽  
Maksym SAVOSTIANENKO ◽  
Keyword(s):  
Financial Institutions ◽  
External Debt ◽  
Energy Sector ◽  
Financial Resources ◽  
International Financial Institutions ◽  
Medium Term ◽  
Priority Areas ◽  
National Norms ◽  
State And Local

The article analyzes the cooperation strategies of international financial organizations with Ukraine in terms of priority areas of cooperation in the medium term in the energy sector. The key positions on the directions of reforming the energy sector of Ukraine in line with the requirements of the IMF are studied. The authors study the state of attracting IFIs financial resources in the energy sector of Ukraine. The key areas, tasks, results of attracting financial resources of international financial institutions in the energy sector are identified. Measures are proposed to improve the legislative and regulatory framework in order to increase the effectiveness of further cooperation in the medium term. The conceptual bases of development of the new long-term Strategy of cooperation with IFIs till 2030 are stated. Adoption of the Strategy of Cooperation of Ukraine with International Financial Institutions will coordinate the priority areas of partnership in the medium term and promote the accumulation of resources of international partners, state and local budgets, other sources for development projects in key areas while maintaining acceptable external debt and achieving positive changes in the energy sector. The authors argue that in the current conditions it is advisable to intensify efforts to increase the effectiveness of joint programs in the energy sector. First of all, it is about developing national norms and rules and their harmonization with European ones (taking into account the chosen vector of development) in order to more effectively avoid and manage risks, monitor the processes of preparation, implementation and evaluation of such programs.

INTERACTION OF THE NATIONAL ECONOMY OF UKRAINE WITH INTERNATIONAL CREDIT AND FINANCIAL ORGANIZATIONS

2017 ◽  
Author(s):  
Serhii Voitko ◽  
◽  
Yuliia Borodinova ◽  
Keyword(s):  
Financial Institutions ◽  
National Economy ◽  
Financial Support ◽  
Global Economy ◽  
Financial Sector ◽  
Negative Consequences ◽  
International Financial Institutions ◽  
The Future ◽  
International Credit

The article examines the interaction of the national economy of Ukraine with international credit and financial organizations, evaluates the positive and negative consequences and identifies possible areas for further cooperation. The role of international credit and financial organizations in the development of the global economy is analyzed. Today, international financial institutions have taken a leading place among institutions that provide financial support and contribute to the implementation of necessary reforms aimed at developing enterprises in various sectors of the economy and strengthening the country's financial sector as a whole. The importance of cooperation between Ukraine and international financial institutions for the development of the country's economy has been determined. The problems and directions of development of cooperation with leading credit and financial organizations in modern conditions are identified. Despite the presence of certain shortcomings, cooperation between Ukraine and international credit and financial organizations will continue in the future.

Financial Sustainability and Infrastructure Finance

2018 ◽  
Author(s):  
Felipe Carvalho de Rezende
Keyword(s):  
Financial Institutions ◽  
Financial Stability ◽  
Global Financial Crisis ◽  
Financial Sustainability ◽  
Infrastructure Finance ◽  
Strategic Role ◽  
Development Banks ◽  
The Global Financial Crisis ◽  
Capital Development

Among the lessons that can be drawn from the global financial crisis is that private financial institutions have failed to promote the capital development of the affected economies, and to dampen financial fragility. This chapter analyses the macroeconomic role that development banks can play in this context, not only providing long-term funding necessary to promote economic development, but also fostering financial stability. The chapter discusses, in particular, the need for public financial institutions to provide support for infrastructure and sustainable development projects. It concludes that development banks play a strategic role by funding infrastructure projects in particular, and outlines the lessons for enhancing their role as catalysts for mitigating risks associated with such projects.

scholarly journals Adapting the definition of multimorbidity – development of a locality-based consensus for selecting included Long Term Conditions

2021 ◽  
Vol 22 (1) ◽  
Author(s):  
Nasrin Hafezparast ◽  
Ellie Bragan Turner ◽  
Rupert Dunbar-Rees ◽  
Alice Vodden ◽  
Hiten Dodhia ◽  
...  
Keyword(s):  
Literature Review ◽  
Selection Process ◽  
Final Decision ◽  
Local Health ◽  
Urban Context ◽  
Long Term Conditions ◽  
Large Cities ◽  
Second Stage ◽  
Local Health Service

Abstract Background Defining multimorbidity has proved elusive in spite of attempts to standardise definitions. For national studies, a broad definition is required to capture national diversity. For locally based studies, the definition may need to reflect demographic and morbidity patterns. We aimed to define multimorbidity for an inner city, multi-ethnic, deprived, young age community typical of many large cities. Methods We used a scoping literature review to identify the international literature, standards and guidelines on Long Term Condition (LTC) definitions for inclusion in our multimorbidity definition. Consensus was categorised into high, medium or low consensus, depending on the number of literature sources citing each LTC. Findings were presented to a workshop consisting of local health service stakeholders who were asked to select LTCs for inclusion in a second stage review. In the second stage, each LTC was tested against seven evaluation domains: prevalence, impact, preventability, treatment burden, progression to multiple LTCs, impact on younger people, data quality. These domains were used to create 12 target criteria. LTC rankings according to consensus group and target criteria scores were presented to a second workshop for a final decision about LTC inclusion. Results The literature review identified 18 literature sources citing 86 LTCs: 11 were excluded because they were LTC clusters. The remainder were allocated into consensus groupings: 13 LTCs were ‘high consensus’ (cited by ≥ 11 sources); 15 were ‘medium consensus’ (cited by 5–10 sources); 47 were ‘low consensus’ (cited by < 5 sources). The first workshop excluded 31 LTCs. The remaining 44 LTCs consisted of: 13 high consensus LTCs, all with high target score (score 6–12); 15 medium consensus LTCs, 11 with high target scores; 16 low consensus LTCs, 6 with high target scores. The final workshop selected the 12 high consensus conditions, 12 medium consensus LTCs (10 with high target scores) and 8 low consensus LTCs (3 with high target scores), producing a final selection of 32 LTCs. Conclusions Redefining multimorbidity for an urban context ensures local relevance but may diminish national generalisability. We describe a detailed LTC selection process which should be generalisable to other contexts, both local and national.

scholarly journals Predicting Rates of Inbreeding in Populations Undergoing Selection

Genetics ◽  
2000 ◽  
Vol 154 (4) ◽  
pp. 1851-1864 ◽  
Author(s):  
John A Woolliams ◽  
Piter Bijma
Keyword(s):  
Overlapping Generations ◽  
Linear Models ◽  
Selection Process ◽  
Correction Term ◽  
Random Mating ◽  
Nonrandom Mating ◽  
Selection Processes ◽  
Genetic Contributions ◽  
The Relationship

AbstractTractable forms of predicting rates of inbreeding (ΔF) in selected populations with general indices, nonrandom mating, and overlapping generations were developed, with the principal results assuming a period of equilibrium in the selection process. An existing theorem concerning the relationship between squared long-term genetic contributions and rates of inbreeding was extended to nonrandom mating and to overlapping generations. ΔF was shown to be ~¼(1 − ω) times the expected sum of squared lifetime contributions, where ω is the deviation from Hardy-Weinberg proportions. This relationship cannot be used for prediction since it is based upon observed quantities. Therefore, the relationship was further developed to express ΔF in terms of expected long-term contributions that are conditional on a set of selective advantages that relate the selection processes in two consecutive generations and are predictable quantities. With random mating, if selected family sizes are assumed to be independent Poisson variables then the expected long-term contribution could be substituted for the observed, providing ¼ (since ω = 0) was increased to ½. Established theory was used to provide a correction term to account for deviations from the Poisson assumptions. The equations were successfully applied, using simple linear models, to the problem of predicting ΔF with sib indices in discrete generations since previously published solutions had proved complex.

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