Governance and Sustainable Development
Governance and Sustainable Development
Corruption results in the allocation of budgetary resources for unproductive
programs and inefficiencies in public spending, which reduces the
effectiveness of outlays on social and poverty-reducing programs in fostering
social development. Poor governance results in budgetary allocations
tilted in favor of less-productive investment projects and defense-related spending and against nonwage operations and maintenance expenditures,
which reduces the quality and productivity of existing infrastructure. Corruption
also reduces revenue and therefore the ability of the government to
mobilize the resources needed to finance critical poverty-reducing programs.
Corruption results in the poor capturing a smaller share of the benefits
from public spending and, more generally, in higher poverty and
income inequality.
Good governance is essential to ensuring that higher social spending
translates into better social outcomes. Even if spending is allocated to propoor
activities, public funds must be used for their intended purposes to
ensure that these outlays have a positive impact on human development.
As such, a sound public expenditure management (PEM) system and
transparency in government operations are pivotal not only for good
macroeconomic management but also for good governance.
Good governance is also essential for promoting environmental sustainability.
Progress in alleviating environmental problems in developing
countries has been slow, often owing to ill-defined property rights
regimes, corruption, and a general lack of capacity and political will at the
national level.53 The IMF’s general emphasis on improving the quality and
transparency of spending decisions has improved the effectiveness of developing
countries’ environmental and other spending. In Brazil, for example,
federal spending on environmental protection programs grew during
an IMF-supported program. The IMF has also explicitly addressed
environmental governance issues in a number of countries (for example,
Cambodia and Indonesia) where these were important to overall macroeconomic
performance.
Almost all PRGF-supported programs incorporate measures to
strengthen PEM systems. Each program, on average, incorporates four to
five measures, which generally include steps to improve budget formulation,
budget execution (to keep spending within budgeted amounts), and
budget reporting (including auditing). Both the IMF and the World Bank
have provided countries with substantial technical assistance to strengthen
their budget systems. For 24 of the heavily indebted poor countries
(HIPCs) that have qualified for debt relief under the enhanced HIPC Initiative,
the World Bank and the IMF, together with country authorities, have drawn up action plans to strengthen budget systems. These action plans are
being implemented in the context of the countries’World Bank- and IMFsupported
programs. Despite recent progress, PEM systems remain deficient
in many of these countries, and rigorous implementation of these
action plans will be essential for achieving sustainable development.
Increasing the transparency of government operations will be essential
to ensure that governments are accountable for their use of public funds.
In this regard, transparency can be enhanced if governments adhere to the
IMF’s Code of Good Practices on Fiscal Transparency. The participation
of governments in reports on the observance of standards and codes
(ROSCs)—which assess a government’s practices on transparency against
this benchmark—can provide a useful step in this regard. Thus far, 36 developed
and developing countries have participated in fiscal ROSCs, with
another 15–20 per year expected in the near future.
Fiscal Dimensions of Sustainable Development
Prepared for
World Summit on Sustainable Development
Johannesburg, August 26–September 4, 2002
Governance and Sustainable Development - To learn more about this author, visit International Monetary Fund's Website.
Like this article? Share it with your friends
Poor governance poses a number of obstacles to human development.52
Corruption results in the allocation of budgetary resources for unproductive
programs and inefficiencies in public spending, which reduces the
effectiveness of outlays on social and poverty-reducing programs in fostering
social development. Poor governance results in budgetary allocations
tilted in favor of less-productive investment projects and defense-related spending and against nonwage operations and maintenance expenditures,
which reduces the quality and productivity of existing infrastructure. Corruption
also reduces revenue and therefore the ability of the government to
mobilize the resources needed to finance critical poverty-reducing programs.
Corruption results in the poor capturing a smaller share of the benefits
from public spending and, more generally, in higher poverty and
income inequality.
Good governance is essential to ensuring that higher social spending
translates into better social outcomes. Even if spending is allocated to propoor
activities, public funds must be used for their intended purposes to
ensure that these outlays have a positive impact on human development.
As such, a sound public expenditure management (PEM) system and
transparency in government operations are pivotal not only for good
macroeconomic management but also for good governance.
Good governance is also essential for promoting environmental sustainability.
Progress in alleviating environmental problems in developing
countries has been slow, often owing to ill-defined property rights
regimes, corruption, and a general lack of capacity and political will at the
national level.53 The IMF’s general emphasis on improving the quality and
transparency of spending decisions has improved the effectiveness of developing
countries’ environmental and other spending. In Brazil, for example,
federal spending on environmental protection programs grew during
an IMF-supported program. The IMF has also explicitly addressed
environmental governance issues in a number of countries (for example,
Cambodia and Indonesia) where these were important to overall macroeconomic
performance.
Almost all PRGF-supported programs incorporate measures to
strengthen PEM systems. Each program, on average, incorporates four to
five measures, which generally include steps to improve budget formulation,
budget execution (to keep spending within budgeted amounts), and
budget reporting (including auditing). Both the IMF and the World Bank
have provided countries with substantial technical assistance to strengthen
their budget systems. For 24 of the heavily indebted poor countries
(HIPCs) that have qualified for debt relief under the enhanced HIPC Initiative,
the World Bank and the IMF, together with country authorities, have drawn up action plans to strengthen budget systems. These action plans are
being implemented in the context of the countries’World Bank- and IMFsupported
programs. Despite recent progress, PEM systems remain deficient
in many of these countries, and rigorous implementation of these
action plans will be essential for achieving sustainable development.
Increasing the transparency of government operations will be essential
to ensure that governments are accountable for their use of public funds.
In this regard, transparency can be enhanced if governments adhere to the
IMF’s Code of Good Practices on Fiscal Transparency. The participation
of governments in reports on the observance of standards and codes
(ROSCs)—which assess a government’s practices on transparency against
this benchmark—can provide a useful step in this regard. Thus far, 36 developed
and developing countries have participated in fiscal ROSCs, with
another 15–20 per year expected in the near future.
Fiscal Dimensions of Sustainable Development
Prepared for
World Summit on Sustainable Development
Johannesburg, August 26–September 4, 2002
Governance and Sustainable Development - To learn more about this author, visit International Monetary Fund's Website.
Like this article? Share it with your friends
 | |
 |
No article feedback found. |
| |
Leave Your Feedback |
 | |
| |||
Leanne Hoagland-SmithAre your sales where you want them to be? Will you be one of the few who achieves sales or business success or one of the many who have failed to change? Are you tired of being told you are like everyone else? Then you may find my first book on sales of interest. Be the Red Jacket in the Sea of Gray Suits, The Keys to Unlocking Sales available at Amazon or at http://www.processspecialist.com/red-jacket.htm. This book is a reflection of my no-nonsense approach to improving sales to overall business results. If you are truly committed to making sustainable changes, then I can help you secure a positive return on your investment because I focus on executable solutions not telling you the problems you already know you have. From training to corporate (group) coaching to executive one on one coaching, my approach is to assess, create awareness, build a goal driven action plan and then execute. The bottom line question is "Not do you or your employees know it, but do you or they want to do it?" Please call for a free strategy session at 219.759.5601. - Visit Leanne Hoagland-Smith's Website |
|||
John BrennanJohn Brennan Ed.D. Dr. Brennan is President of Interpersonal Development, LLC, a training and development firm. Interpersonal Development has provided sales training and coaching to more than 3,000 sales reps from over 100 companies. A native of Australia, Dr. Brennan received his doctorate from the University of Rochester. His dissertation researched the effectiveness of Behavioral Modeling Technology in training people in interpersonal skills. While he has spent most of his career designing or delivering training, he was also a Vice-President of Sales of a training and development franchise with operations in 25 markets. Dr. Brennan has designed and delivered sales training in North America, Asia, Europe, Australia and the Middle East. He has been a guest speaker at numerous national and regional professional conferences. When Microsoft wanted Best Practices articles on sales for their web site, they called Dr. Brennan. The results are at http://office.microsoft.com/en-us/FX011387391033.aspx His firm’s clients have included Volvo, The Prudential, Merrill Lynch, Eastman Kodak, Gannett, Equifax Europe, the Economist Group and countless small businesses. - Visit John Brennan's Website |
|||
Dave KurlanDave Kurlan is the founder and CEO of Objective Management Group, Inc., the industry leader in sales assessments and sales force evaluations, and the CEO of David Kurlan & Associates, Inc., a consulting firm specializing in sales force development. Dave has been a top rated speaker at Inc. Magazine's Conference on Growing the Company, the Sales & Marketing Management Conference and the Gazelles Sales & Marketing Summit. He has been featured on radio and TV, including World Business Review with General Norman Schwarzkopf, in Inc. Magazine, Selling Power Magazine, Sales & Marketing Management Magazine and Incentive Magazine. He is the author of Mindless Selling and Baseline Selling – How to Become a Sales Superstar by Using What You Already Know about the Game of Baseball. He created and wrote STAR, a proprietary recruiting process for hiring great salespeople, and he writes Understanding the Sales Force, a popular business Blog and is a contributing author to The Death of 20th Century Selling and 101 Great Ways to Improve Your Life, Volume 2. - Visit Dave Kurlan's Website |
|||
John PowerJohn Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website |
|||
David AchesonDavid Acheson is the founder of DCJA Consultancy. DCJA Consultancy is a management consultancy business specialising in B2B sales consultancy. They offer bespoke and packaged sales consultancy including Sales Optimisation Review, Interim Sales Management, Sales & Marketing Review, 1:1 Sales & Management Staff Analysis, Management Training, Solution Sales Training, Creation of New Pay Plan, KPI's, run Customer Feedback Campaigns, assist with Recruitment, Coaching, Appraisals and set up Strategic Marketing Campaigns. David spent his early career in accountancy and then moved into sales in 1982, working in Office Equipment, IT, Advertising, Training, Outsourcing and Consultancy. He has held many Senior Positions in SMBs and Global Organisations including Head of Sales Operations & Head of Business Development. His knowledge, skills and great experience of the Sales Industry has led to David making keynote speeches and running educational sessions to key businesses through organisations including The Chamber of Commerce and Business Link. - Visit David Acheson's Website |
|||
Linda RichardsonLinda Richardson is the Founder and Executive Chairwoman of Richardson, a global sales training and performance improvement company. As a recognized leader in the industry, she has won the coveted Stevie Award for Lifetime Achievement in Sales Excellence and she was identified by Training Industry, Inc. as one of the “Top 20 Most Influential Training Professionals.” Ms. Richardson is credited with the movement to Consultative Selling and is the author of ten books on selling and sales management, including Sales Coaching — Making the Great Leap from Sales Manager to Sales Coach, and Stop Telling, Start Selling. She teaches sales and management at the Wharton Graduate School of the University of Pennsylvania and the Wharton Executive Development Center. Linda is a frequent speaker at industry and client conferences, has been published extensively in industry and training journals, and has been featured in numerous publications, including The Wall Street Journal, Forbes, Nation’s Business, Selling Power, Success, and The Conference Board Magazine. Learn more about Richardson's sales training and performance improvement solutions at http://www.richardson.com web - Visit Linda Richardson's Website |
|||
|
To learn more about the Evan Elite Author Program please contact us. | |||
 | |
|  |
Subscribe to International's articles
 | |
|
|  |
 | |
|
| |
 | |||||||
|
 | ||
 |
||
|
||
|
||
|
| ||
 |
| Have you written articles that would be of value to entrepreneurs? Become an expert on our site by publishing them! Expose yourself to a wide audience, drive more traffic to your website and get more sales! Click Here for details. |
|
|
 |
| Modeling the Masters: Learn the true secrets behind Walt Disney's business success factors & grow your company! Video produced by Phanta Media |
|
|
 |
"Learn straight from Evan how you can Make a Full Time Income (And More) from a Website"
Click Here To Learn More |
|
|
|
|
Get advice & tips from famous business owners, new articles by entrepreneur experts, my latest website updates, & special sneak peaks at what's to come!
|
|
|
 Building Business Relationships Content Challenged Memorandum Template 2 Your Life Your Legacy Feed your body, gain a life |
|
 | ||
 |
Top 50 Raising Capital Blogs
Top Blogs To Watch In 2008 | |
 |
Top 50 Niche Blogs 2009
Top 50 Niche Blogs 2009 | |
| ||
 | ||||
| ||||
|
| ||||
| ||||
|
|
|
|
|
||||||||||||
|
Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
|
|
|
