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26 Jan 21
More efficient energy policies could generate revenue worth around 1% of GDP for developing countries, the OECD has claimed.
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15 Jan 21
Alastair Swarbrick outlines the issues faced by developing countries embarking on public financial management reform.
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12 Jan 21
Can governments relax about the need to repay their Covid-19 borrowing? Calum Rutter explores the arguments for and against Modern Monetary Theory in the context of the pandemic.
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6 Jan 21
Unprecedented stimulus measures taken by governments to fight the pandemic have changed the public perception of spending and debt, meaning sharp tax hikes or spending cuts would risk popular...
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17 Dec 20
A $28bn programme aimed at getting Covid-19 treatments and vaccines to low and middle-income countries would “pay itself off within 36 hours”, a World Health Organisation official has said.
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15 Dec 20
The global debt crisis is making it difficult for development banks to help countries through the pandemic, with money going to creditors rather than public services, the World Bank’s managing...
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14 Dec 20
Governments are facing one of the biggest ever challenges to their financial resilience because of the pandemic. Professor Ileana Steccolini outlines how the University of Essex and CIPFA are teaming...
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4 Dec 20
It is important that you are able to identify capital expenditure as there is a requirement for it to be treated differently to revenue expenditure within the accounts. Being able to distinguish...
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4 Dec 20
One-in-seven people worldwide could be left with less than $1.90 a day to live on in the wake of the economic crisis caused by Covid-19, a UN study has warned.
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4 Dec 20
Claire Schouten and Vivek Ramkumar from the International Budget Partnership give examples of how cooperation between spending watchdogs and civil society have brought benefits for people.
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1 Dec 20
The global economy is expected to grow by 4.2% next year, although performance will depend on how quickly Covid-19 vaccines are rolled out, according to the OECD.
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30 Nov 20
Central banks have promised the end of any further changes to the Basel III framework, introduced to manage risks following the global financial crisis of 2007-09.
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30 Nov 20
The Covid-19 pandemic could hit a recent recovery in investment sub-national governments, according to research by the OECD.
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24 Nov 20
After Covid-19, a potential shortening of supply chains, shrinking contracts and more rigorous due diligence could spell a rise in purchasing costs.
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20 Nov 20
Participatory budgeting can help marginalised communities respond to immediate local needs better than traditional public spending, a supporter of the concept has said after a US district funded a...
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19 Nov 20
More sustainable public procurement practices can help governments create more equal societies, alongside addressing environmental concerns and ensuring a resilient recovery from Covid-19, a report...
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19 Nov 20
Thiago Uehara outlines the important role public procurement can play in development, helping to create more equal and sustainable societies.
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13 Nov 20
A framework to help highly indebted developing countries through the Covid-19 crisis has been agreed by G20 finance ministers, but campaigners have said it fails to create a permanent solution to the...
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13 Nov 20
Developing countries face a huge gap in the financing they would need this year to keep them on track for the 2030 Sustainable Development Goals, according to research from the OECD.
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13 Nov 20
The idea that numbers tell a story is fundamental to using data effectively. Finance professionals need to think about the story behind the numbers and ask: what is it that the numbers are trying to...
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12 Nov 20
Supreme audit institutions face huge pressure to ensure government spending advances the public interest and aids progress of countries’ development, and need help to make their oversight full and...
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11 Nov 20
The world’s major economies have been “moving in the opposite direction” from their climate commitments by continuing to fund fossil fuels during the pandemic, researchers have said.
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6 Nov 20
Climate finance sent to developing countries grew in 2018 but progress towards international goals remains too slow, the OECD has said.
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30 Oct 20
Governments must work together if they are to meet the challenges caused by digitalisation and ensure a strong economic recovery after Covid-19, a collection of OECD country ministers have said after...
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28 Oct 20
It is vital that treasury strategies consider the long- and short-term risks of borrowing decisions, and that these decisions are carefully documented. As a treasury manager you should ensure all...