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In this booklet, governance is defined as the manner in which power is exercised in the management of a country ' s economic and social resources for development. Good governance is synonymous with sound development management. The Bank ' s experience has shown that the programs and projects it helps finance may be technically sound, but fail to deliver anticipated results for reasons connected to the quality of government action. This booklet identifies four areas of governance that are consistent with the Bank ' s mandate: public sector management, accountability, the legal framework for development, and information and transparency. It focuses on the last three areas, analyzes issues of relevance to the Bank, and cites examples of Bank experience and best practice in the area.

Publisher: World Bank

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