Natural Resources and Violent Conflict - WaterWiki.net

who gets the money? 9113. More initiatives may deserve scrutiny in further stages of this project,including the International Organization of Supreme Audit Institutions(INTOSAI), currently hosted by Norway. INTOSAI is involved in capacitybuildingprograms that support improvements in public sector financial surveillanceacross a wide range of developing countries. A present constraintsimilar to those pertaining to the World Bank’s public expenditure reviews isthat INTOSAI activities, reflecting supreme audit institutions, mainly targetthe expenditure side of domestic financial governance.14. Two other IMF initiatives have some relevance to natural resourceflows. The Guidelines for Public Debt Management include guidelines ontransparency and accountability; however, these are based largely on thefinancial transparency code and the monetary and financial policies code. TheFinancial Sector Assessment Program (FSAP) is a joint effort of the IMF andthe World Bank introduced in 1999 to “increase effectiveness of efforts to promotethe soundness of financial systems in member countries.” The aim is toassess the strengths and vulnerabilities of a country’s financial system. This includesdetermining how key sources of risk are being managed, ascertainingthe sector’s developmental and technical assistance needs, and helping to prioritizepolicy responses. A ROSC is a key component of the FSAP. See theFSAP website: www.imf.org/external/np/fsap/fsap.asp.15. The OECD has produced a similar and complementary document,“OECD Best Practices for Budget Transparency,” issued in May 2001 (OECD2001a). According to the OECD, the document could serve as a reference forboth OECD and non-OECD governments.16. See www.imf.org/external/np/fad/trans/index.htm.17. Some ROSCs are published on the IMF’s ROSC website: www.imf.org/external/np/rosc/rosc.asp.18. See the ROSC website: www.imf.org/external/np/rosc/rosc.asp.19. For East Asia FLEG, see lnweb18.worldbank.org/ESSD/essdext.nsf/14DocByUnid/962B305C44866A7985256BF700556307? Opendocument;For AFLEG, see lnweb18.worldbank.org/ESSD/essdext.nsf/14DocByUnid/56BBBD15FF947FE385256BF700553EF8?Opendocument.20. See lnweb18.worldbank.org/ESSD/essdext.nsf/14DocByUnid/962B305C44866A7985256BF700556307?Opendocument.21. The advisory group held its first meeting in February 2002.22. See www.eurasianet.org/policy_forum/abeinthehouse.shtml.23. See www.eurasianet.org/policy_forum/abeinthehouse.shtml.24. See the UN Global Compact website: www.unglobalcompact.org.25. See www.unglobalcompact.org.26. Notably the Office of the High Commissioner for Human Rights, the InternationalLabour Organisation, the United Nations Environment Programme,the United Nations Development Programme, and the United Nations Fund forInternational Partnership.