emerging markets and some advanced countries. Their effectiveness and efficacy are not well-known, however. Using panel data …

This paper analyzes the linkages between governance quality and country stress events. It focuses on two types of … that weaker governance quality is associated with a higher incidence of both fiscal and political stress events. In …

implement, in the aftermath of a social instability episode, reforms aimed at improving the level of governance. The results are …

that estimate efficiency scores for several dimensions of government activities. We show that the correction could be …

We analyze recent trends in, and determinants of, financial supervisory governance. We first calculate levels of … quality of public sector governance plays a decisive role in establishing accountability arrangements, more than independence … also show that the likelihood of establishing adequate governance arrangements are higher when the supervisor is located …

Sound corporate governance is essential for a well-functioning banking system and the integrity of financial markets …. The paper discusses the corporate governance of Italian banks, its regulatory framework, and the specific challenges … improving their corporate governance, more needs to be done. In this regard, further improvements should include: (i …