## Good Governance: The IMF's Role

_Pamphlet Series, September 1, 1998_

## Source details

**Canonical URL:** [Good Governance: The IMF's Role](https://www.imf.org/en/publications/exr-pamphlets/issues/2016/12/30/good-governance-the-imf-s-role-2313)

## Other formats

- [Markdown version](/en/publications/exr-pamphlets/issues/2016/12/30/good-governance-the-imf-s-role-2313/index.md)
- [Structured JSON version](/en/publications/exr-pamphlets/issues/2016/12/30/good-governance-the-imf-s-role-2313/index.json)
- [Bundle manifest](/en/publications/exr-pamphlets/issues/2016/12/30/good-governance-the-imf-s-role-2313/bundle-manifest.json)

## Bibliographic details
- Published: September 1, 1998
- Series: Pamphlet Series
- Pages: 20
- DOI: https://doi.org/10.5089/9781557756909.054
- Stock No: GGIREA0000000
- ISBN: 9781557756909
- ISSN: 0538-8759

---

### Overview
- "Good governance is important for countries at all stages of development..."  
- Primary IMF focus: aspects of good governance most closely related to IMF surveillance over macroeconomic policies, namely:
  - the transparency of government accounts,
  - the effectiveness of public resource management,
  - the stability and transparency of the economic and regulatory environment for private sector activity.  
- Quoted attribution: Michael Camdessus, IMF Managing Director

### Key findings and emphases
- Governance dimensions most relevant to IMF surveillance:
  - Transparency of government accounts.
  - Effectiveness of public resource management.
  - Stability and transparency of the economic and regulatory environment for private sector activity.
- The pamphlet centers IMF engagement on governance issues that directly affect macroeconomic outcomes and policy credibility.

### Policy recommendations and IMF approach
- Concentrate IMF policy advice and surveillance on governance areas that influence macroeconomic stability and private sector activity:
  - Strengthen transparency mechanisms for government fiscal accounts.
  - Improve public resource management to enhance effectiveness and fiscal discipline.
  - Promote stable and transparent regulatory frameworks to support private sector development.

---


_Source: https://www.imf.org/en/publications/exr-pamphlets/issues/2016/12/30/good-governance-the-imf-s-role-2313_