The New Rules of the Board Game: The Changing World of Corporate Governance and Its Implications for Multilateral Development Institutions

This paper reviews recent developments in corporate governance and considers their relevance to the governance of Multilateral Development Institutions (MDIs). It suggests that recent developments in the private sector contain useful insights for MDIs. Although MDIs are different from business corporations in important respects, their ability to get governance right will have a significant bearing on the achievement of development aims and the reduction of poverty around the world.

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