This paper reviews the published work on the governance of regulatory authorities in order to identify the basic governance standards that apply and some of the factors that affect the implementation of good governance. There are four pillars of good regulatory governance: independence,...

type="main" xml:lang="en" <p>We estimate a simple probit model of the probability of balance-of-payments crises over a panel of developing countries through 1995. We then forecast crisis probabilities for 1997. We find that a simple model composed of four traditional macroeconomic variables and one...</p>

The most promising application of the theory and methods of cybernetics in a socialist economy apparently is to the problems of national economic planning and management. It was not by accident that in 1967, as in previous years, economic cybernetics underwent â as did the most progressive...