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Max Planck Encyclopedia of Public International Law [MPEPIL]

Good Governance

Edith Brown Weiss, Ahila Sornarajah

From: Oxford Public International Law (http://opil.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved.date: 10 September 2024

Subject(s):
Corruption — Sustainable development — International monetary law — Developing countries — Rule of law

Published under the auspices of the Max Planck Institute for Comparative Public Law and International Law under the direction of Professor Anne Peters (2021–) and Professor Rüdiger Wolfrum (2004–2020). 

1 The contemporary concept of good governance developed from the discourse between the Bretton Woods institutions and developing countries, in which good governance represented the standard of public administration expected of developing countries, both as a condition for, and an objective of, assistance (see also Bretton Woods Conference [1944]). Good governance has come to be viewed as necessary for sustainable development. The elements of the concept were linked mainly to economic development and financial accountability by the World Bank and the International...
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