Transcription of Governance: Sound Development Management
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Governance: Sound Development Management
governance : SoundDevelopment ManagementGovernance: Sound Development ManagementAugust 1995 Published by Asian Development Bank, 1999 The Asian Development Bank encourages the use of the materialpresented herein, with appropriate credit given to ADB. Please addressinquiries for copies to the Chief, Office of External Relations, AsianDevelopment Bank, Box 789, 0980 Manila, rights reservedISBN: 971-561-262-8 Publication Stock No.: 090699 ContentsiiiExecutive summaryvIntroduction1 good governance defined3 The elements of good governance7 Accountability8 Participation9 Predictability10 Transparency11 Interlinkages among the elements of governance12 The Bank s concern with governance quality15 Policy context of the Bank s project lending15 Focus on equity and Development performance16 Project quality17 The East Asian experience18 Outlook for the future19 The Bank s approach to governance issues21 The Bank s charter and governance activities21 Need for flexible country-specific approaches24 Promoting the elements of good governance in Bank operations 25 Building governance capacity26 Participatory Development processes33 Legal frameworks38 Information openness
The Bank’s approach to governance issues 21 The Bank’s charter and governance activities 21 Need for flexible country-specific approaches 24 Promoting the elements of good governance in Bank operations 25 Building governance capacity 26 Participatory development processes 33
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