Chances For Reform Research Articles

Transboundary Environmental Governance Across the World’s Longest Border. By Brooks, Stephen, and Andrea Olive, eds. 2018. Winnipeg: University of Manitoba Press.

<i>Transboundary Environmental Governance Across the World’s Longest Border</i>. By Brooks, Stephen, and Andrea Olive, eds. 2018. Winnipeg: University of Manitoba Press.

Strengthening the Theory of Institutional Corruptions: Broadening, Clarifying, and Measuring

This essay suggests ways to broaden the concept of Institutional Corruption, developed by Dennis Thompson and Lawrence Lessig, so that it can more effectively apply to more institutional settings that do not involve elections or political institutions by drawing on the work of Malcolm Salter on Institutional Corruption in corporations and other non-elected bodies or domains, and by redefining what are now dichotomies (good-evil, corrupt-not corrupt) as the ends of continua. Second, the case is made for drawing on empirical research to develop a matrix measuring the extent, types and degrees of corruption or corrupting behavior, so that IC theory matures from illustrative examples to results from qualitative and quantitative research. Third, the institutional corruption of language, knowledge, and constructions of reality is a special focus, which complements studies of institutions themselves that greatly affects policy and chances for reform.

Banking reform in russia: winds of change?

Only a successful implementation of an overall reform program will enable Russian banks to provide financial intermediation and assist in the country's development from a nascent market economy to a mature financial system. The chances for reform are better now than at any time during the last decade. Favorable political and economic conditions and a change in attitude among bank management have created an unusual window of opportunity. This article analyzes the past performance of the Russian banking industry, evaluates the reform agenda of the monetary authority, and argues for an overall reform program in order to seize the available opportunity.

Banking Reform in Russia: A Window of Opportunity?

Only a successful implementation of an overall reform program will enable Russian banks to provide financial intermediation and assist in the country's development from a nascent market economy to a mature financial system. The chances for reform are better now than at any time during the last decade. Favorable political and economic conditions and a change in attitude among bank management have created an unusual window of opportunity. The paper analyzes the past performance of the Russian banking industry, evaluates the reform agenda of the monetary authority, and argues for an overall reform program in order to seize the available opportunity.

Special Interests: The FINE Situation

The FINE Study is not unique in failing (so far) to culminate in enacted reforms. Neither the Commission on Money and Credit nor the Commission on Financial Structure and Regulation (the Hunt commission) succeeded in convincing the Con gress of the wisdom of their proposals. The present paper is not concerned with the particular merits of the recommendations of any of these studies. Instead, its premise is that powerful groups and lobbies today areocapable of blocking any serious attempt at reform; if reforms are to be achieved, the concerns of these special interest groups must be addressed directly. Further, with the growing Balkanization of financial intermediation that is everywhere evident, the strengths and diversity of special interest groups are growing and this will reduce the probability of successful reform in the future. The modest objective of this paper is to examine a small number of issues that appeared to attract the attention of selected special interest groups and to identify what seems to concern them. As will become clear, some groups occasionally appear to be arguing for positions that are not especially beneficial to the interests they represent. Academicians and others may be able to improve the chances for reform if the game and the players' positions are more widely appreciated. The first section of the paper sets out an interpretation of how political games are played, drawing from recent attempts at reforming the financial system. The second section identifies topics that concerned different interest groups during the FINE study hearings and briefly attempts to explain positions. This paper ignores the special interests of government agencies for reasons of space.

Mathematical Computation for Chances of Reform

Mathematical Computation for Chances of Reform