Economic Governance: Guidelines for Effective Financial Management
- ISBN-10
- 9211231388
- ISBN-13
- 9789211231380
- Category
- Developing countries
- Language
- English
- Published
- 2000
- Publisher
- United Nations Publications
- Author
- United Nations. Division for Public Economics and Public Administration
Description
The challenge facing all countries is to create a system of economic governance that promotes the process of decision making that affect a country's economic activities or its relationship with other economies. This study concludes that sound governance is essential for ensuring good governance and sustainable development. Developing and transitional economies will have to strive to reduce, if not eliminate, the subversive impact of corruption in their economic activities. They must establish strong institutional framework and strengthen the administrative and technical capabilities of their public administrators to achieve sustainable socioeconomic development.
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