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ARTICLE IV |
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Exchange Arrangements and Surveillance | ||||
Governance Issues | ||||
The Role of the Fund in Governance Issues— Guidance Note, EBS/97/125, July 2, 1997 I. Introduction
II. Guidance for Fund Involvement Responsibility for good governance
Aspects of governance of relevance to the Fund
The criteria for Fund involvement
The modalities of Fund involvement in governance issues
Article IV consultation discussions
Use of Fund resources
Technical assistance
Identification of governance problems
Coordination with bilateral donors and other multilateral institutions
Reporting to the Executive Board
1 The Interim Committee Declaration of September 26, 1996 on Partnership for Sustainable Global Growth also attached particular importance “to promoting good governance in all its aspects.” 2 Concluding Remarks by the Chairman, SUR/97/48 (5/21/97). 3 Corruption could be defined as the abuse of public office for private gain, a definition also used by the World Bank. 4 Guidelines on Conditionality, Decision No. 6056-(79/138), paragraph 7. |
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Prepared by the Legal Department of the IMF
Note
- Page number references in the text are to the Forty-Second issue hard copy volume.