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Author: International Monetary Fund Publisher: International Monetary Fund ISBN: 1451823479 Category : Business & Economics Languages : en Pages : 145
Book Description
This report is a summary assessment of Sri Lanka’s data dissemination practices against the IMF’s Special Data Dissemination Standard (SDDS), complemented by an in-depth assessment of the elements of data quality that underlie the national accounts, prices, government finance, monetary, and balance-of-payments statistics. Sri Lanka has made good progress in meeting most of the SDDS specifications on coverage, periodicity, and timeliness of data categories. Shortcomings exist in the access, integrity, and quality dimensions compared with the SDDS. All agencies demonstrate professionalism and are generally transparent in their practices and policies
Author: International Monetary Fund Publisher: International Monetary Fund ISBN: 1451823479 Category : Business & Economics Languages : en Pages : 145
Book Description
This report is a summary assessment of Sri Lanka’s data dissemination practices against the IMF’s Special Data Dissemination Standard (SDDS), complemented by an in-depth assessment of the elements of data quality that underlie the national accounts, prices, government finance, monetary, and balance-of-payments statistics. Sri Lanka has made good progress in meeting most of the SDDS specifications on coverage, periodicity, and timeliness of data categories. Shortcomings exist in the access, integrity, and quality dimensions compared with the SDDS. All agencies demonstrate professionalism and are generally transparent in their practices and policies
Author: International Monetary Publisher: International Monetary Fund ISBN: Category : Business & Economics Languages : en Pages : 95
Book Description
COVID-19 severely hit the economy, causing a loss of tourism receipts and necessitating several strict lockdowns. Pre-pandemic tax cuts and the impact of COVID-19 led to fiscal deficits larger than 10 percent of GDP in 2020 and 2021 and a rapid increase in public debt to 119 percent of GDP in 2021. Sri Lanka’s access to international capital markets was lost in 2020, prompting a decline of international reserves to critically low levels and large-scale direct lending to the government by the Central Bank of Sri Lanka (CBSL). External debt repayments and a widening current account deficit have led to foreign exchange (FX) shortages, while the official exchange rate has been de facto fixed since April 2021. Inflation is on the rise, reaching double digits in December 2021, reflecting imported inflation, supply shocks, and a pickup in domestic demand amid loose monetary policy.
Author: Shalini Perera Publisher: World Scientific ISBN: 9812837477 Category : Business & Economics Languages : en Pages : 446
Book Description
The governance of companies is of importance to developing countries due to the link between effective corporate governance and economic development. Ownership and control of public companies, except in the US and UK, is often in the hands of a few individuals, families or corporate groups and impact on corporate governance and economic development.Using Sri Lanka as an illustrative example, Corporate Ownership and Control sets out the implications of corporate ownership and control structures on the governance of companies, and suggests a reform agenda to meet the challenges posed by such structures. Any analysis into the reform of corporate governance in developing countries should begin with a focus on the local market structures that define its adaptation and effectiveness. The issues explored in the book provide an insight into ownership and control structures in Sri Lanka, the costs and benefits of such structures, and the necessary reform framework to promote effective corporate governance. The analysis can be used to both understand the impact of ownership structures on corporate governance, and suggest how corporate governance issues arising from such structures should be resolved in order to promote economic development and growth.
Author: Patricia M. Flynn Publisher: Routledge ISBN: 1351268783 Category : Business & Economics Languages : en Pages : 296
Book Description
Redefining Success: Integrating Sustainability into Management Education advocates incorporating sustainability concepts that go beyond the financial ‘bottom line’ into management education and business practice. Highlighting the UN Global Compact (UNGC), the Principles for Responsible Management Education (PRME) and the Sustainability Development Goals (SDGs), it explores conceptual and practical issues, presents case studies and other empirical evidence, and offers solutions that will both encourage and assist management educators in the incorporation of sustainability into their courses and research. incorporating sustainability into their courses and research. Written by 34 individuals from 17 countries, the book addresses these topics from a variety of theoretical, disciplinary, geographic and organizational perspectives. The authors demonstrate how management educators, collaborating with business and civic organizations, can be change agents for a better world. Written for educators, scholars and business practitioners, the volume concludes with lessons learned, challenges encountered, and implications for responsible management education.
Author: Mr.Manmohan S. Kumar Publisher: International Monetary Fund ISBN: 158906609X Category : Business & Economics Languages : en Pages : 144
Book Description
Fiscal discipline is essential to improve and sustain economic performance, maintain macroeconomic stability, and reduce vulnerabilities. Discipline is especially important if countries, industrial as well as developing, are to successfully meet the challenges, and reap the benefits, of economic and financial globalization. Lack of fiscal discipline generally stems from the injudicious use of policy discretion. The benefits of discretion are seen in terms of the ability of policymakers to respond to unexpected shocks and in allowing elected political representatives to fulfill their mandates. But discretion can be misused, resulting in persistent deficits and procyclical policies, rising debt levels, and, over time, a loss in policy credibility. The authors first explore the role of discretion in fiscal policy, and the extent, consequences, and causes of procyclicality, particularly in good times. They then examine how a variety of institutional approaches—fiscal rules, fiscal responsibility laws, and fiscal agencies—can help improve fiscal discipline. While each of these approaches can play a useful role, the authors suggest that a strategy combining them is likely to be particularly beneficial. Although such a strategy requires political commitment and effective fiscal management, at the same time, the strategy itself can bolster political commitment by highlighting the restraints on government and raising the costs of failing to respect them.
Author: World Bank Publisher: World Bank Publications ISBN: 1464812993 Category : Business & Economics Languages : en Pages : 340
Book Description
"With growth in Europe and Central Asia likely at its peak, this report addresses two questions. How well is the region prepared for an expected slowdown? How well has the economic upswing been used to adjust to the digital revolution? The report specifically focuses on cryptocurrency and blockchain activities in the region."
Author: Ki-Hoon Lee Publisher: Springer Nature ISBN: 3031418336 Category : Science Languages : en Pages : 440
Book Description
The book presents a rich collection of research studies on the theory and practice of corporate integrated reporting (IR) in South Asia. South Asia is emerging to compete in the world marketplace and one of fast economically growing regions to contribute to the global economy. As the region’s economic development accelerates, balancing economic and environmental development appears as a key sustainability challenge for governments, investors, consumers, and local communities. Companies in South Asia region are therefore increasingly challenged to reduce their environmental impacts and to contribute to sustainable development. This book includes valuable contributions of advanced research, concepts, applications, developments and case studies on corporate IR and sustainability accounting in South Asia and the roles of different professional accounting bodies to strength corporate sustainability and build capacity in the South Asian Region.
Author: Institute of Directors Publisher: Kogan Page Publishers ISBN: 9780749440602 Category : Comparative management Languages : en Pages : 542
Book Description
A 28-nation overview of corporate governance--the system by which companies are directed, controlled, and evaluated in their relations with shareholders, lenders, and other stakeholders in business and the public at large. International contributors describe the state of each country's governance laws and practices, with details of international co
Author: OECD Publisher: OECD Publishing ISBN: 9264100415 Category : Languages : en Pages : 321
Book Description
The purpose of this report is to provide an overview of the legal and institutional framework for extradition and mutual legal assistance in corruption cases in 27 of the 28 jurisdictions which have endorsed the Anti-Corruption Action Plan for ...
Author: OECD Publisher: OECD Publishing ISBN: 9264035982 Category : Languages : en Pages : 413
Book Description
This conference proceedings discusses progress made since the 1997-98 financial crisis and presents summaries of the situation in each country.
Author: International Monetary Fund
Author: International Monetary Fund
Author: International Monetary
Author: Shalini Perera
Author: Patricia M. Flynn
Author: Mr.Manmohan S. Kumar
Author: World Bank
Author: Ki-Hoon Lee
Author: Institute of Directors
Author: OECD
Author: OECD