Governance in Context with Aid: Role of the World Bank and Other International Organisations

Abstract

Governance is a complex issue due to its wide range of dimensions. To uplift the quality of the government there are some international agencies those use to extend their cooperation. But the nature and way of providing advices are sometimes misleading and incorrect. The reason behind the provision of inaccurate and biased recommendations is the authoritative behavior of the international organizations. The dominance of some of the developed countries and weak economy of the aid recipients’ countries are also responsible for this. Whatever the form the governance possesses it is a pre-requisite for economic development for all economic entities. Based on secondary evidences this paper makes an attempt to analyze the role of the World Bank and other International Organizations in the context with aid. To ensure a realistic level of development the countries must have appropriate guidelines for setting its strategy. The World Bank and other influential international organizations may aim to provide suitable development outlines to ensure this the existing international organizations should be come into an accountable framework.

Keywords: Governance and Good Governance, Aid, the World Bank, International Organisations, Accountability