Accountability in State Noncommercial Organizations in Armenia : An Approach

A World Bank-supported project in Armenia was successful in developing a control framework that balances the need to increase the transparency and accountability of the country s state noncommercial organizations (SNCOs), while also recognizing the...

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Main Author: Vatyan, Arman
Format: Brief
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2012/09/17480530/accountability-state-noncommercial-organizations-armenia-approach
http://hdl.handle.net/10986/17081
id okr-10986-17081
recordtype oai_dc
spelling okr-10986-170812021-04-23T14:03:33Z Accountability in State Noncommercial Organizations in Armenia : An Approach Vatyan, Arman ACCOUNTABILITY ACTION PLAN ASSET MANAGEMENT ASSETS BANK ACCOUNTS BANKS BENEFICIARIES BEST PRACTICE CAPITAL INVESTMENTS COMMERCIAL ACTIVITIES COMMERCIAL ACTIVITY COMMERCIAL BANKS COMPETITIVE MARKET COMPETITIVE MARKETS CORPORATE GOVERNANCE DECENTRALIZATION DISCLOSURE REQUIREMENTS END USER EQUIPMENT EXPENDITURE EXPENDITURES FINANCIAL FLOWS FINANCIAL MANAGEMENT FINANCIAL RESOURCES FISCAL DISCIPLINE FIXED ASSETS GOOD GOVERNANCE GOVERNMENT ASSETS GOVERNMENT CONTRACTS INCOME INSTRUMENT INTERNATIONAL BEST PRACTICE LEGAL BASIS LEGAL SYSTEM LIQUIDATION MANAGEMENT SYSTEMS MARKET DISTORTIONS MINISTERS MONITORING MECHANISMS OPERATIONAL INDEPENDENCE ORGANIZATIONAL PERFORMANCE OUTPUTS PERFORMANCE INDICATORS POLITICAL APPOINTEES POLITICAL RISKS PRIVATIZATION PROCUREMENT PROCUREMENT PROCESS PUBLIC ASSET PUBLIC ASSETS QUALITY OF SERVICES RESULT RESULTS RISK MANAGEMENT SERVICE DELIVERY SERVICE PROVIDER SOCIAL SERVICES TARGETS TRANSPARENCY TREASURY TURNOVER A World Bank-supported project in Armenia was successful in developing a control framework that balances the need to increase the transparency and accountability of the country s state noncommercial organizations (SNCOs), while also recognizing their financial, administrative, and managerial independence. An innovative approach involving the use of earlier results to guide later ones was used to address the dire need for SNCOs, which account for 70 percent of the total number of state organizations, to make greater efforts to responsibly administer and safeguard the government s assets. The aim was to reduce the market distortions caused by SNCOs that are engaged in significant commercial activities by addressing SNCOs heterogeneity and the need for specific fiduciary control requirements for distinct groups. 2014-02-18T21:49:52Z 2014-02-18T21:49:52Z 2012-09 http://documents.worldbank.org/curated/en/2012/09/17480530/accountability-state-noncommercial-organizations-armenia-approach http://hdl.handle.net/10986/17081 English en_US Europe and Central Asia knowledge brief;issue no. 56 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Brief Publications & Research Europe and Central Asia Armenia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCOUNTABILITY
ACTION PLAN
ASSET MANAGEMENT
ASSETS
BANK ACCOUNTS
BANKS
BENEFICIARIES
BEST PRACTICE
CAPITAL INVESTMENTS
COMMERCIAL ACTIVITIES
COMMERCIAL ACTIVITY
COMMERCIAL BANKS
COMPETITIVE MARKET
COMPETITIVE MARKETS
CORPORATE GOVERNANCE
DECENTRALIZATION
DISCLOSURE REQUIREMENTS
END USER
EQUIPMENT
EXPENDITURE
EXPENDITURES
FINANCIAL FLOWS
FINANCIAL MANAGEMENT
FINANCIAL RESOURCES
FISCAL DISCIPLINE
FIXED ASSETS
GOOD GOVERNANCE
GOVERNMENT ASSETS
GOVERNMENT CONTRACTS
INCOME
INSTRUMENT
INTERNATIONAL BEST PRACTICE
LEGAL BASIS
LEGAL SYSTEM
LIQUIDATION
MANAGEMENT SYSTEMS
MARKET DISTORTIONS
MINISTERS
MONITORING MECHANISMS
OPERATIONAL INDEPENDENCE
ORGANIZATIONAL PERFORMANCE
OUTPUTS
PERFORMANCE INDICATORS
POLITICAL APPOINTEES
POLITICAL RISKS
PRIVATIZATION
PROCUREMENT
PROCUREMENT PROCESS
PUBLIC ASSET
PUBLIC ASSETS
QUALITY OF SERVICES
RESULT
RESULTS
RISK MANAGEMENT
SERVICE DELIVERY
SERVICE PROVIDER
SOCIAL SERVICES
TARGETS
TRANSPARENCY
TREASURY
TURNOVER
spellingShingle ACCOUNTABILITY
ACTION PLAN
ASSET MANAGEMENT
ASSETS
BANK ACCOUNTS
BANKS
BENEFICIARIES
BEST PRACTICE
CAPITAL INVESTMENTS
COMMERCIAL ACTIVITIES
COMMERCIAL ACTIVITY
COMMERCIAL BANKS
COMPETITIVE MARKET
COMPETITIVE MARKETS
CORPORATE GOVERNANCE
DECENTRALIZATION
DISCLOSURE REQUIREMENTS
END USER
EQUIPMENT
EXPENDITURE
EXPENDITURES
FINANCIAL FLOWS
FINANCIAL MANAGEMENT
FINANCIAL RESOURCES
FISCAL DISCIPLINE
FIXED ASSETS
GOOD GOVERNANCE
GOVERNMENT ASSETS
GOVERNMENT CONTRACTS
INCOME
INSTRUMENT
INTERNATIONAL BEST PRACTICE
LEGAL BASIS
LEGAL SYSTEM
LIQUIDATION
MANAGEMENT SYSTEMS
MARKET DISTORTIONS
MINISTERS
MONITORING MECHANISMS
OPERATIONAL INDEPENDENCE
ORGANIZATIONAL PERFORMANCE
OUTPUTS
PERFORMANCE INDICATORS
POLITICAL APPOINTEES
POLITICAL RISKS
PRIVATIZATION
PROCUREMENT
PROCUREMENT PROCESS
PUBLIC ASSET
PUBLIC ASSETS
QUALITY OF SERVICES
RESULT
RESULTS
RISK MANAGEMENT
SERVICE DELIVERY
SERVICE PROVIDER
SOCIAL SERVICES
TARGETS
TRANSPARENCY
TREASURY
TURNOVER
Vatyan, Arman
Accountability in State Noncommercial Organizations in Armenia : An Approach
geographic_facet Europe and Central Asia
Armenia
relation Europe and Central Asia knowledge brief;issue no. 56
description A World Bank-supported project in Armenia was successful in developing a control framework that balances the need to increase the transparency and accountability of the country s state noncommercial organizations (SNCOs), while also recognizing their financial, administrative, and managerial independence. An innovative approach involving the use of earlier results to guide later ones was used to address the dire need for SNCOs, which account for 70 percent of the total number of state organizations, to make greater efforts to responsibly administer and safeguard the government s assets. The aim was to reduce the market distortions caused by SNCOs that are engaged in significant commercial activities by addressing SNCOs heterogeneity and the need for specific fiduciary control requirements for distinct groups.
format Publications & Research :: Brief
author Vatyan, Arman
author_facet Vatyan, Arman
author_sort Vatyan, Arman
title Accountability in State Noncommercial Organizations in Armenia : An Approach
title_short Accountability in State Noncommercial Organizations in Armenia : An Approach
title_full Accountability in State Noncommercial Organizations in Armenia : An Approach
title_fullStr Accountability in State Noncommercial Organizations in Armenia : An Approach
title_full_unstemmed Accountability in State Noncommercial Organizations in Armenia : An Approach
title_sort accountability in state noncommercial organizations in armenia : an approach
publisher World Bank, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2012/09/17480530/accountability-state-noncommercial-organizations-armenia-approach
http://hdl.handle.net/10986/17081
_version_ 1764435328231276544