Catalog

	Table of Contents
p. 9 of 34 BACK | NEXT Executive Summary Introduction Good governance defined The elements of good governance Accountability Participation Predictability Transparency Interlinkages among the elements of governance The Bank’s concern with governance quality The Bank’s approach to governance issues Promoting the elements of good governance in Bank operations The Bank’s modalities for enhancing governance in DMCs Resource implications Reporting arrangements

Governance: Sound Development Management : The elements of good governance

---

Interlinkages among the elements of governance

Conceptually, the four elements of governance indicated above tend to be mutually supportive and reinforcing. Accountability is often related to participation, and is also the ultimate safeguard of predictability and transparency. In the absence of accountability to affected groups, even predictable decision making of autonomous government agencies may result in the latter placing agency interests above those of the former. Similarly, transparency and information openness can-not be assured without legal frameworks that balance the right to dis-closure against the right of confidentiality, and without institutions that accept accountability. Again, predictability in the functioning of the legal framework would be helpful for ensuring the accountability of public institutions. At the same time, predictability also requires transparency, because without information about how similarly placed individuals have been treated, it may be difficult to ensure adherence to the rule of equality before the law. Finally, a transparent system facilitates governmental accountability, participation, and predictability of outcomes.

Back Transparency	Next The Bank’s concern with governance quality