THE TRANSFORMATION OF WORLD BANK POLICIES AND THE EMERGENCE OF GOOD GOVERNANCE THEORY

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MAIDARI A.

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

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Journal: NAMEH-YE-MOFID Year:2004 | Volume:10 | Issue:2 (42 ECONOMICS) Page(s): 93-118

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Title

THE TRANSFORMATION OF WORLD BANK POLICIES AND THE EMERGENCE OF GOOD GOVERNANCE THEORY

Author(s)

MAIDARI A. | Issue Writer Certificate

Keywords

GOOD GOVERNANCEQ2

WASHINGTON CONSENSUSQ4

FINANCIAL CRISESQ4

Abstract

Since 1996, the policy of improving the governance or empowering the government has been at the center of the World Bank policy prescriptions. In this context, the question of the size of government and minimizing it has been superseded by the issue of empowering the government. Although, still the World Bank prescribes the minimization of government but lays more emphasis on enhancing the capacities and abilities of the government. This development in policy has appeared as the result of the unsuccessful experience of transition of East European and former Soviet countries to the market economy and global economic development in the last two decades. In many of these countries, the GNP has decreased and in the meantime, poverty, inequality, and inflation have increase. Financial liberalization in the last two decades has led to devastating crises in developed and developing countries. In view of these experiences the World Bank has adapted a set of new polices. In this set of policies, the market economy remains the ultimate goal but the way of transition to the market economy is different from the structural adjustment policy.

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APA: Copy

MAIDARI, A.. (2004). THE TRANSFORMATION OF WORLD BANK POLICIES AND THE EMERGENCE OF GOOD GOVERNANCE THEORY. NAMEH-YE-MOFID, 10(2 (42 ECONOMICS)), 93-118. SID. https://sid.ir/paper/3709/en

Vancouver: Copy

MAIDARI A.. THE TRANSFORMATION OF WORLD BANK POLICIES AND THE EMERGENCE OF GOOD GOVERNANCE THEORY. NAMEH-YE-MOFID[Internet]. 2004;10(2 (42 ECONOMICS)):93-118. Available from: https://sid.ir/paper/3709/en

IEEE: Copy

A. MAIDARI, “THE TRANSFORMATION OF WORLD BANK POLICIES AND THE EMERGENCE OF GOOD GOVERNANCE THEORY,” NAMEH-YE-MOFID, vol. 10, no. 2 (42 ECONOMICS), pp. 93–118, 2004, [Online]. Available: https://sid.ir/paper/3709/en

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