Considerations for Additionality Concepts to Article 6.2 Approaches
Shi Jie Yin Hang· 2024-08-20 23:03
ARTICLE 6 APPROACH PAPER SERIES Considerations for Additionality Concepts to Article 6.2 Approaches Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized © 2023 International Bank for Reconstruction and Development / The World Bank 1818 H Street NW Washington, DC 20433 Telephone: 202-473-1000 Internet: www.worldbank.org This work is a product of the staff of the World Bank with external contributions. The findings, interpretations, and conclusion ...
FY 2024 Cambodia Country Opinion Survey Report
Shi Jie Yin Hang· 2024-08-20 23:03
Investment Rating - The report does not explicitly provide an investment rating for the World Bank Group's activities in Cambodia Core Insights - The World Bank Group (WBG) is perceived as a long-term partner in Cambodia, with improved ratings for flexibility, openness, responsiveness, and staff accessibility compared to previous years [34][41] - Stakeholders from the private sector have more positive perceptions of the WBG, particularly regarding its effectiveness and influence [22][23] - Familiarity with the WBG has significantly increased among respondents, with a mean familiarity rating of 6.7 in FY24 compared to 5.8 in FY21 [15][18] Summary by Sections Overall Context - Stakeholders emphasize the need for the WBG to promote inclusive dialogue and shift its focus beyond poverty reduction as Cambodia transitions to an upper middle-income country [11] Key Indicators - The WBG's relevance to development in Cambodia received high ratings, with significant improvements noted in its perceived effectiveness in shaping development policy and achieving results [20] Development Priorities - In FY24, education, jobs, and agriculture/food security emerged as top priorities for WBG focus, with increased emphasis on climate change and social protection compared to FY21 [31] Engagement on the Ground - The WBG is seen as effectively collaborating with the national government and other development partners, with calls for increased collaboration with sub-national governments and the private sector [41][45] Financial Instruments and Knowledge Work - Respondents value the WBG's knowledge and analytical products highly, with 48% indicating these as the most valuable, followed closely by financial resources at 46% [50] Future Role of the World Bank Group - Stakeholders suggest that the WBG should align more closely with the Royal Government's strategies and expand support for sub-national government activities to address urban-rural poverty gaps [60] Communication and Outreach - There is a need for better communication channels and increased awareness of the WBG's work among the general population [61] Sample Demographics and Methodology - The survey included 410 potential participants, achieving a 45% response rate with a diverse representation from various sectors, including government institutions and civil society organizations [8][9]
Export and Labor Market Outcomes
Shi Jie Yin Hang· 2024-08-19 23:08
Policy Research Working Paper 10868 Public Disclosure Authorized Public Disclosure Authorized Export and Labor Market Outcomes A Supply Chain Perspective—Evidence from Viet Nam Deeksha Kokas Gladys Lopez-Acevedo Ha Vu Poverty and Equity Global Practice August 2024 Public Disclosure Authorized Public Disclosure Authorized Policy Research Working Paper 10868 Abstract Are changes in the labor market in response to changes in exports contained specifically within exporting industries, or do they disperse throug ...
FIFA Agent Platform - Applicant Manual
FIFA· 2024-08-19 01:48
This document is not final and may be subject to change in the future. User Manual · Apply to become a Football Agent This user manual will explain the main functionalities of the FIFA Agent Platform. You will learn how to perform various actions in the platform, such as registering on the FIFA Agent Platform, applying for a licence and checking the status of your application. Overview 1. Main page 2. Registration 3. Login 4. Home page 5. Licensing 6. Exam 7. Help Centre Main page To access the platform, yo ...
The transformation imperative for midcap companies
麦肯锡· 2024-08-17 00:08
Investment Rating - The report emphasizes the necessity for midcap companies to undertake transformations to enhance their performance and impact on the economy, indicating a positive investment outlook for those willing to adapt and innovate [2][3]. Core Insights - Midcap companies, defined as those with revenues between $200 million and $2 billion, represent approximately 30% of global GDP and employ nearly 40% of the global workforce, highlighting their significance in the economy [2][3]. - The report identifies seven key challenges faced by midcap companies, including limited access to talent, innovation, and capital, as well as a lack of experience in managing change programs [3][4]. - Successful transformations require setting bold aspirations and a clear purpose, which should resonate throughout the organization to mobilize efforts effectively [4][5]. - The importance of creating a fact base through data and benchmarking is emphasized, as it helps organizations understand their performance and identify areas for improvement [5][6]. - Aligning incentive structures with transformation goals is crucial, as it motivates employees and ensures that initiatives are valued and recognized [5][6]. Summary by Sections Challenges Faced by Midcap Companies - Midcap companies struggle with assessing their full potential due to unclear peer sets and often lack diversification, making them vulnerable to market disruptions [2][3]. - Governance issues arise from the close ties between management and ownership, complicating the setting of priorities [3][4]. Strengths of Midcap Companies - Midcap companies possess advantages such as organizational agility, deep expertise in specific segments, and a strong employee culture that fosters loyalty [4][5]. Key Factors for Successful Transformation - Establishing a bold aspiration and purpose is essential for driving transformation efforts [4][5]. - Companies should prioritize initiatives and tackle them in waves to manage limited leadership resources effectively [9][10]. - Investing in talent and technology, particularly in areas like generative AI, can significantly enhance operational efficiency and competitive positioning [6][9]. Governance and Strategic Planning - As midcap companies evolve, governance structures may need to adapt, especially when preparing for public offerings or significant growth phases [7][8]. - Scenario planning and stress-testing business models are recommended to ensure resilience against market fluctuations [8][10].
Measuring Legislative Predictability
Shi Jie Yin Hang· 2024-08-16 23:03
Public Disclosure Authorized Policy Research Working Paper 10864 Measuring Legislative Predictability The Case of the Kingdom of Jordan and Implications for the MENA Region Mihály Fazekas Dominik Brenner Peter Ladegaard Public Disclosure Authorized Public Disclosure Authorized Governance Global Practice August 2024 Public Disclosure Authorized Policy Research Working Paper 10864 Abstract Laws and regulations represent a central tool for governments to achieve policy objectives, and they also represent a fun ...
Prudential embraces customer centricity: An interview with Priscilla Ng
McKinsey· 2024-08-15 04:04
Financial Services Practice Prudential embraces customer centricity: An interview with Priscilla Ng Prudential plc's shift to customer-centric insurance hinges on digital transformation, with data and artificial intelligence as key enablers and humans still playing a crucial role. August 2024 As Prudential plc embraces digital transformation, the 176-year-old insurance company finds itself navigating a delicate balancing act: harmonizing the power of AI with a human touch, essential to delivering exceptiona ...
China Retail & E~commerce Weekly Update
FUNG BUSINESS INTELLIGENCE· 2024-08-15 04:04
2 – 8 August 2024 China Retail & E-commerce Weekly Update I. Sector Review..............................................................................................................2 Internet & E-commerce................................................................................................2 Taobao and Tmall test after-sales negotiation tools to help merchants reduce refund rates...................................................................................................................... ...
REPUBLIC OF ARMENIA Tax Compliance and Crypto Assets
IMF· 2024-08-15 04:04
Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The Republic of Armenia (RoA) has committed to adopting the OECD Crypto-Asset Reporting Framework (CARF) and aims to initiate the first automatic exchange of information by 2027, necessitating domestic legislation [12][20] - Currently, there are no specific provisions for crypto assets in the RoA's tax code, leading to uncertainty in tax treatment and valuation of crypto asset transactions [13][21] - The mission team provided a structured risk assessment template to the State Revenue Committee (SRC) to identify gaps in tax compliance related to crypto assets [14][39] Summary by Sections Executive Summary - The RoA's commitment to CARF requires the enactment of domestic legislation to facilitate automatic information exchange by 2027 [12] Recommendations - Finalize and document the Risk Assessment on Crypto Assets by July 2024 [19] - Review the draft law to ensure comprehensive coverage of crypto-asset-related activities by December 2024 [19][48] - Implement a step-by-step roadmap for the new laws once passed [19] Background - The RoA has committed to CARF and must enact domestic legislation to fulfill its obligations [20] - The SRC has drafted amendments to the tax code, which are under peer review by OECD experts [20][24] Key Issues - The lack of clarity in the current tax code leads to inappropriate tax outcomes for crypto asset transactions [33] - The SRC has identified gaps in the current tax framework and the need for reliable data to enforce tax compliance [41] Proposed Legal Framework - The SRC's draft amendments include provisions for tax obligations, rates, and reporting requirements, aligning with the forthcoming "RoA Law on Crypto-assets" [43][44] - Close coordination between the SRC and the Central Bank of Armenia (CBA) is essential for effective implementation [44] Next Steps - The SRC aims to close identified gaps to enhance the effectiveness of the RoA's tax framework and ensure compliance with CARF [26] - The mission team emphasized the importance of understanding the technical aspects of crypto asset transactions for effective law design [22][40]
Global Economic Forecast Database :UBS forecasts~changes this week
UBS· 2024-08-15 04:01
Investment Rating - The report does not explicitly provide an investment rating for the industry or specific companies [1]. Core Insights - The Reserve Bank of New Zealand (RBNZ) has lowered its policy rate forecast for 2024 and 2025, now expecting a 25 basis points cut in both October and November meetings, totaling 175 basis points of cuts in 2025 [3]. - Inflation forecasts have been slightly increased for Canada, Hungary, the Philippines, and Brazil [3]. Economic Forecasts Summary - **United States**: Real GDP growth forecast for 2024 is 2.5%, with CPI at 2.9% and a fiscal balance of -6.9% [6]. - **Japan**: Real GDP growth forecast for 2024 is 0.0%, with CPI at 2.5% and a fiscal balance of -3.5% [6]. - **Canada**: Real GDP growth forecast for 2024 is 0.8%, with CPI at 2.6% and a fiscal balance of -1.2% [6]. - **Eurozone**: Real GDP growth forecast for 2024 is 0.6%, with CPI at 2.4% and a fiscal balance of -2.9% [6]. - **China**: Real GDP growth forecast for 2024 is 4.9%, with CPI at 0.4% and a fiscal balance of -4.6% [6]. - **India**: Real GDP growth forecast for 2024 is 7.0%, with CPI at 4.3% and a fiscal balance of -7.9% [6]. - **Latin America**: Real GDP growth forecast for 2024 is 1.9%, with CPI at 28.5% and a fiscal balance of -5.6% [6]. Global Assumptions - The EUR/USD exchange rate is projected to be 1.08 by the end of 2024 and 1.10 by the end of 2025 [7]. - The average Brent oil price is expected to be $84.0 in 2024 and $80.0 in 2025 [7].