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The National Governance Commission/National Governing Council (NGC) is the body that oversees implementation of the APRM process at the Member State level. In addition to providing guidance in terms of policy direction, the NGC ensures professionalism, credibility and independence of the national APRM self-assessment and review processes.
The APRM is a voluntary self-assessment mechanism, voluntary setup through a memorandum of understanding signed by African Heads of State. The APRM was designed to promote more effective governance across four thematic areas: Democracy and Political Governance, Corporate Governance, Economic Governance and Management, and Socioeconomic Development.
10-year trends offer additional insights into the scores and ranks by showing the change in score between the last and the first data years of the given period. For example, the 2022 IIAG 10-year trends compare each country’s performance for each governance measure in 2021 and 2012.
A distinction is therefore made between external assessments, peer assessments and self-assessments. Examples of external assessments are donor assessments or comparative indices produced by international non-governmental organizations. An example of a peer assessment is the African Peer Review Mechanism. Examples of self-assessments are ...
The Worldwide Governance Indicators are a compilation of the perceptions of a very diverse group of respondents, collected in large number of surveys and other cross-country assessments of governance. Some of these instruments capture the views of firms, individuals, and public officials in the countries being assessed.
Domain specific GRC vendors understand the cyclical connection between governance, risk and compliance within a particular area of governance. For example, within financial processing — that a risk will either relate to the absence of a control (need to update governance) and/or the lack of adherence to (or poor quality of) an existing control.
Policy Governance, informally known as the Carver model, is a system for organizational governance. Policy Governance defines and guides appropriate relationships between an organization's owners, board of directors , and chief executive .
An analytical and action planning phase (Phase 4), to analyze the data collected in Phase 3 and design a specific action plan to improve governance. The analysis, carried out jointly by the Bank team and local team, led to the completion of a policy report to address questions such as: What is the cost of mis-governance to firms, users, and ...