Income and Asset Disclosure Systems: Establishing Good Governance through Accountability

Ruxandra Burdescu (), Gary Reid (), Stephanie Trapnell () and Daniel Barnes ()
Additional contact information
Ruxandra Burdescu: World Bank
Gary Reid: World Bank
Stephanie Trapnell: World Bank
Daniel Barnes: World Bank

World Bank - Economic Premise, 2010, issue 17, 1-6

Abstract: Financial declarations or income and asset disclosures (IADs) are quickly becoming an important tool for anticorruption agencies and governments to fight corruption. IAD systems can play two important roles within a broader framework of good governance: prevention and enforcement. In an effort to discover how best to design and implement an IAD system, the analysis conducted suggests that countries ultimately must design a system that best complements the environment in which it will function. However, there are several key principles that policy makers and practitioners need to consider: limit the number of filers to improve the odds of success, set modest and achievable expectations, provide resources commensurate with the mandate, prioritize verification procedures to align with available resources, and balance privacy concerns with public access to declarations.

Keywords: income; asset; disclosures; governance; accountability; financial declartations; corruption; anticorruption; privacy; public access (search for similar items in EconPapers)
JEL-codes: F4 F42 F43 F5 F53 (search for similar items in EconPapers)
Date: 2010
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://siteresources.worldbank.org/INTPREMNET/Resources/EP17.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wbk:prmecp:ep17

Access Statistics for this article

More articles in World Bank - Economic Premise from The World Bank 1818 H Street, N.W., Washington, DC 20433. Contact information at EDIRC.
Bibliographic data for series maintained by Michael Jelenic ().