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Executive Summary
Introduction
Good governance defined
The elements of good governance
The Bank’s concern with governance quality
Policy context of the Bank’s project lending
Focus on equity and development performance
Project quality
The East Asian experience
>> Outlook for the future
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 Bank’s concern with governance quality

Outlook for the future

As a result of the factors discussed above, issues of governance are now considered in the Bank in various contexts and at various levels (e.g., country operational program, project design and implementation, advisory TA). Given the Bank’s strategic objective of supporting economic growth that is socially equitable and environmentally sustainable, its determination to enhance the quality and impact of project operations, and the situation of borrowing DMCs, especially those in the low-income transtional (i.e., erstwhile centrally planned) and small island catagories, this focus on governance can be expected to grow.



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The East Asian experience
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The Bank’s approach to governance issues

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