Governance for Inclusive Growth
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Summary:
The government’s ability to deliver inclusive growth crucially depends on the quality of governance. This paper reviews the linkages between governance and inclusive growth, and key policies to improve governance. The policies include (1) structural reform, automation, improving rules and procedures (including for fiscal and monetary policies) to limit the discretion and hence the space for policy errors; (2) human resource policies, capacity building, effective anti-corruption frameworks to incentivize public officials to make decisions in the best public interest; and (3) transparency, accountability, and inclusive political institutions to inform and monitor policymaking.
Series:
Working Paper No. 2021/098
Subject:
Anti-money laundering and combating the financing of terrorism (AML/CFT) Civil society Corruption Crime Economic growth Economic sectors Inclusive growth Revenue administration Tax evasion
Frequency:
regular
English
Publication Date:
April 23, 2021
ISBN/ISSN:
9781513582467/1018-5941
Stock No:
WPIEA2021098
Pages:
44
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