Water

Dams and Development E-Paper Contents

p. 58 of 74 BACK | NEXT Home Page of Dams and Development Foreword I. Why an e-paper on dams and development? II. Assessing options III. Participatory processes IV. Social impacts V. Environmental impacts VI. Benefit distribution VII. Dam safety and sustainability VIII. Existing projects IX. Improving governance Institutional reforms in the water sector Regional cooperation Mechanisms to encourage compliance Reducing corruption What do ADB policies say? X. What other organizations say XI. ADB, Dams, and Development XII. References Contact Us

What do ADB policies say?

In focusing on the development process, ADB endorsed the Webster Dictionary definition of governance:

'the manner in which power is exercised in the management of a country's economic and social resources for development'

It encompasses the functioning and capability of the public sector, as well as the rules and institutions that create the framework for conduct of both public and private business.

ADB has identified four basic elements of good governance in its policy:

• accountability
• participation
• predictability
• transparency

Good governance is implicit in each of the topics covered in this e-paper. The following extracts from ADB's policies, strategies and guidelines provide more explicit references to governance issues and provide additional guidance and direction on the attainment good governance in ADB's operations.

• Long Term Strategic Framework
• Governance: Sound Development Management
• Disclosure of Information
• Anti-Corruption
• Cooperation between ADB and NGOs
• Other policies - environment, indigenous peoples, involuntary resettlement, water

ADB is currently undertaking a review of its Governance Policy.

Note: Policies and strategies are approved by ADB Board of Directors and are mandatory; Handbooks and Guidelines are illustrative. Extracts are indicative examples - use the links to view the full text of the policies.

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