Definition: Reports on the Observance of Standards and Codes (ROSCs)
General concept; Peer reviews
Documents summarizing the extent to which countries observe certain internationally recognized standards and codes. The IMF (International Monetary Fund) has recognized 12 areas and associated standards as useful for the operational work of the Fund and the World Bank.
Source:
International Monetary Fund (IMF) official website, "Reports on the Observance of Standards and Codes (ROSCs)" page. Last consulted: 29 May 2013
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