Use of Third-Party Indicators in Fund Reports

Policy Papers ◽  
2017 ◽  
Vol 2017 (61) ◽  
Author(s):  
Keyword(s):  
International Organizations ◽  
Common Good ◽  
Financial Stability ◽  
Best Practice ◽  
Current Practice ◽  
Business Environment ◽  
Third Party ◽  
Data Quality Assessment ◽  
Quality Of Governance

Fund staff use indicators developed by other organizations as input into analysis in surveillance and, to a lesser extent, in program work. While the Fund has been able to rely on data and statistics provided by member countries and compiled internally, continued efforts to foster global economic and financial stability require staff to work with indicators drawn from numerous third-party compilers. These indicators of varied qualities are used to measure concepts such as business environment, competitiveness, and quality of governance. It is anticipated that staff will continue to draw on other institutions’ expertise and estimates. This practice is consistent with the Executive Board’s guidance in areas where internal expertise is lacking or limited. It also puts a premium on staff’s understanding of the third-party indicators (TPIs) used to add analytical value, avoid flawed conclusions and presentation, and support traction with the membership. This paper outlines a framework to promote best practice with respect to use of TPIs in Fund reports. The framework will apply to all documents that are subject to the Fund’s Transparency Policy. Staff are encouraged to follow similar guidelines for other Fund documents. It draws on lessons from the current practice in the Fund and other selected international organizations (IOs), and insights from the application of an adapted data quality assessment framework (DQAF) to a subset of TPIs commonly used by Fund staff. Common good practices across IOs include the emphasis on staff judgment, review, and consultation with stakeholders.

scholarly journals To Explore the Relationship of Factors in the Third-Party Logistics Industry using DEMATEL

2020 ◽  
Vol 9 (6) ◽  
pp. 359-363
Keyword(s):  
Financial Stability ◽  
Complex Structure ◽  
Third Party ◽  
Abu Dhabi ◽  
Third Party Logistics ◽  
Delivery Time ◽  
Logistics Industry ◽  
Cause And Effect ◽  
Important Relationship

The 3PL market is a growing trend around the world, but it is already grown in the UAE, especially in Dubai, where it is having very high market and is growing fast in Abu Dhabi like Dubai. The DEMATEL approach is used to develop an important relationship between dimension and criteria. It uses the matrix and related theories of math to calculate the cause and effect of the degree on each variable. This approach is commonly accustomed to solve various sorts of complex studies which will effectively explain the complex structure and supply the reasonable choices of problem-solving. The primary motivation behind this paper is to break down the components impacting customers' practice in third-party logistics industry by applying DEMATEL strategy. Fourteen factors namely Responsiveness, Reliability of the 3PL provider, Quality of operation, Cost, Flexibility, Financial stability, Delivery time, Ability to meet customer needs, Document accuracy, Storage facilities, Good communication, Attitude towards customers, Technical competence and Reputation are chosen from many different studies. In this research, six experts were involved with a request to evaluate the degree of direct impact between two variables by means of a pair comparison. The results showed the best three significant factors influencing delivery time, quality of operation and cost. Besides, cause and effect connection outlines are additionally built to increase the understanding of the intuitive connection between those criteria. It is discovered that reputation has the most effect on the other factors and cost gets the most effect from different components. At last, this article gives realistic guidelines for the 3PL market in Abu Dhabi, UAE.

scholarly journals Editorial: Researching the relations between governance characteristics and sustainability

2020 ◽  
Vol 4 (1) ◽  
pp. 4-6 ◽  
Author(s):  
Silvia Tommaso
Keyword(s):  
Financial Stability ◽  
Audit Committee ◽  
Empirical Studies ◽  
Earning Management ◽  
Environmental Responsibility ◽  
Regulatory Governance ◽  
Quality Of Governance ◽  
The Impact ◽  
The Relationship

This issue includes the papers devoted to very topical issues ranging from the influence of corporate governance on social and environmental responsibility to the impact of audit committee characteristics on earning management; from the relationship between quality of governance and quality of assets to the linkage between regulatory governance and financial stability of nations. These are issues debated in the theoretical and empirical studies of recent years that the authors of the articles in this issue examine with reference to contexts not yet explored and/or giving rise to a number of interesting and original conclusions.

scholarly journals Consumer social responsibility

2018 ◽  
Vol 21 (7) ◽  
pp. 97-109
Author(s):  
Michał A. Michalski
Keyword(s):  
Social Responsibility ◽  
Common Good ◽  
Contemporary Literature ◽  
Business Environment ◽  
Economic Education ◽  
Market Exchange ◽  
Catholic Social Thought ◽  
Corporate Social ◽  
Consumer Social Responsibility

In our contemporary literature and academic discourse, we often see how popular the topic of corporate social responsibility is. It will be argued that another problem, tightly linked to this issue, and strongly influencing the business environment is the consumer behaviour. This second part of business relations is often associated rather with legal demands and customer protection. The purpose of my article is to show how consumer social responsibility can help not only the corporations but also those involved in the market exchange to contribute to the common good and improve quality of millions of transactions people make every day. To become real, this responsibility needs effort—courage to witness by expressing consumer’s opinion and education. The first aspect shows how important action is in revealing values and introducing ethics into everyday market activity, the second shows that emphasizing basic economic education and expecting thorough information from companies can help build and enhance consumer awareness. This article also attempts to demonstrate the contributions of Catholic Social Thought to the problem of social responsibility.

scholarly journals Ways to Improve Vietnam’s Competitiveness and Economic Recovery in the Context of a Pandemic

2021 ◽  
pp. 112-122
Author(s):  
Phan Quang ◽  
Marina Buyanova
Keyword(s):  
International Organizations ◽  
World Economy ◽  
Scientific Paper ◽  
Business Environment ◽  
Economic Downturn ◽  
Complex Process ◽  
The World ◽  
Huge Impact ◽  
Effective Development

There is currently no official research and publication by an authoritative organization on the state of the world economy in crisis. The economic downturn and negative growth of many leading countries show the huge impact of the COVID-19 pandemic on the world economy. Solving the problem of Vietnam’s economy’s recovery from this situation actualizes the issue of justifying effective development strategies. This is indeed a complex process that results in achieving a competitive position compared to the ASEAN region. The content of the scientific paper is based on the materials from current sources, i.e. international organizations and periodicals, summary data from publications of the Vietnamese statistical office, as well as historical and economic literature. The factors ensuring the country’s competitiveness were analyzed on the basis of ratings of international organizations whereby it is possible to determine the most competitive elements of the Vietnamese economy and propose priority directions for state development. Key recommendations include structural reforms aimed at changing the growth model from a factor to productivity, improving the quality of technologies and human resources, as well as improving the business environment, ensuring macroeconomic stability, upgrading infrastructure and encouraging innovation.

scholarly journals Clover Hill Dairies: Balancing productivity and treading lightly in the centre of a rural residential development and a rainforest

2007 ◽  
pp. 235-238
Author(s):  
Lynne and Michael Strong
Keyword(s):  
Financial Stability ◽  
Best Practice ◽  
Dairy Farm ◽  
Environmental Footprint ◽  
Key Factors ◽  
Knowing That ◽  
Genetic Potential ◽  
Milk Solids ◽  
The Impact

Clover Hill Dairies is a progressive and highly intensive dairy farm, which currently milks 200 cows on 50 hectares three times a day on steep rainforest hinterland country. Milk production (305 day) currently averages 13 000 litres and 850 kg of milk solids per cow making Clover Hill Dairies one of the highest production dairy farms in Australia. The stud Holstein herd is fed a predominately pasture based diet with supplementary feeding comprising 35-40% of the dietary intake. Clover Hill Dairies aims to optimise the genetic potential of our high end genetic merit herd through close attention to pasture and soil management, biodiversity and the environment. Combining this with the application of the latest scientific principals and technology skills, we produce over 50 000 litres per hectare from the 200 cows. We recognise agriculture is no longer just about farming; it is intrinsically tied in with managing the environment and minimising the impact of human endeavours, hence the ongoing need to balance productivity and progress with minimal environmental footprint. Clover Hill Dairies strives to adopt a holistic decision making process to ensure higher quality of life, financial stability including managing and reducing debt, consistent profitability, and the confidence of knowing that our decisions are improving the environment and the community we live in. The key factors are herd genetics; best practice herd and farm management; the management and operational team; and interaction with the environment and the community.

Gastroesophageal Reflux Disease: A Gastroenterologist's Perspective

2011 ◽  
Vol 21 (3) ◽  
pp. 89-99
Author(s):  
Michael F. Vaezi
Keyword(s):  
Gastroesophageal Reflux Disease ◽  
Gastroesophageal Reflux ◽  
Reflux Disease ◽  
Best Practice ◽  
Clinical Care ◽  
Diagnostic Testing ◽  
Diagnostic Tools ◽  
Swallowing Function ◽  
Atypical Symptoms

Gastroesophageal reflux disease (GERD) is a commonly diagnosed condition often associated with the typical symptoms of heartburn and regurgitation, although it may present with atypical symptoms such as chest pain, hoarseness, chronic cough, and asthma. In most cases, the patient's reduced quality of life drives clinical care and diagnostic testing. Because of its widespread impact on voice and swallowing function as well as its social implications, it is important that speech-language pathologists (SLPs) understand the nature of GERD and its consequences. The purpose of this article is to summarize the nature of GERD and GERD-related complications such as GERD-related peptic stricture, Barrett's esophagus and adenocarcinoma, and laryngeal manifestations of GERD from a gastroenterologist's perspective. It is critical that SLPs who work with a multidisciplinary team understand terminology, diagnostic tools, and treatment to ensure best practice.

Quality of Governance at the Communal Level in Poland: an Exploratory Study of the Worst Performer Case From the Opolskie Province

2020 ◽  
Vol 21 (1) ◽  
pp. 22-55
Author(s):  
Bartosz Czepil
Keyword(s):  
Exploratory Study ◽  
Quality Index ◽  
Extreme Case ◽  
Quality Level ◽  
Case Method ◽  
Major Conclusion ◽  
Second Stage ◽  
Quality Of Governance ◽  
Governance Quality

The objective of this paper is an attempt to explain the determinants of the lowest governance quality level in one of the communes of the Opolskie Province, Poland. The first stage of the research consisted in developing a commune-level governance quality index in order to measure the quality of governance in the 60 communes of the Opolskie Province. Subsequently, the commune with the lowest score in the index was qualified for the second stage of the research which was based on the extreme case method. The major conclusion from the research is that the commune leader's governance style which allowed him to hold on to power for many terms of office was responsible for generating low governance quality. Furthermore, the low quality of governance was not only the effect of the governance style but also the strategy aimed at remaining in the commune leader office for many terms.

KAJIAN LITERATUR MODEL KONSEPTUAL KEBERHASILAN E-GOVERNMENT

2018 ◽  
Vol 2 (1) ◽  
Author(s):  
Bernadus Gunawan Sudarsono ◽  
Sri Poedji Lestari
Keyword(s):  
Information Technology ◽  
Best Practice ◽  
Public Services ◽  
Developed Countries ◽  
Internet Technology ◽  
Electronic Government ◽  
Digital Government ◽  
Management Ethics ◽  
The Government

The use of internet technology in the government environment is known as electronic government or e-government. In simple terms, e-government or digital government is an activity carried out by the government by using information technology support in providing services to the community. In line with the spirit of bureaucratic reform in Indonesia, e-government has a role in improving the quality of public services and helping the process of delivering information more effectively to the public. Over time, the application of e-Government has turned out to have mixed results. In developed countries, the application of e-Government systems in the scope of government has produced various benefits ranging from the efficiency of administrative processes and various innovations in the field of public services. But on the contrary in the case of developing countries including Indonesia, the results are more alarming where many government institutions face obstacles and even fail to achieve significant improvements in the quality of public services despite having adequate information and communication technology. The paradigm of bureaucrats who wrongly considers that the success of e-Government is mainly determined by technology. Even though there are many factors outside of technology that are more dominant as causes of failure such as organizational management, ethics and work culture. This study aims to develop a model of success in the application of e-Government from several best practice models in the field of information technology that have been widely used so far using literature studies as research methods. The results of the study show that the conceptual model of the success of the implementation of e-Government developed consists of 17 determinants of success..Keywords: Model, Factor, Success, System, e-Government

FINANCIAL CONTROLLING IN THE SYSTEM OF FINANCIAL MANAGEMENT

2018 ◽  
Vol 28 (1) ◽  
pp. 137-141
Author(s):  
Petya Yordanova – Dinova
Keyword(s):  
Comparative Analysis ◽  
Financial Management ◽  
Financial Stability ◽  
Business Environment ◽  
Innovative Approach ◽  
Financial Sustainability ◽  
The Common ◽  
The Difference ◽  
Effective Use ◽  
And Control

This paper explores the comparative analysis of the financial controlling, who is a result from the common controlling concept and the financial management. In the specialized literature, financial controlling is seen as an innovative approach to financial management. It is often presented as the most promising instrument of financial diagnostics. Generally speaking, financial controlling is seen as a process of managing the company`s assets which are valued in monetary measures. The difference between the financial management and the financial controlling is that the second covers all functions of management, analysis and control of finances, aiming at maximizing their effective use and increasing the value of the enterprise. Financial controlling is often seen as a function of the common practice of financial management. Its objective is to preserve the financial stability and financial sustainability of enterprises operating in a highly aggressive business environment.

Sign in / Sign up

Export Citation Format

Share Document