There are significant income and nonincome development gaps around the world. Closing these gaps will require not only … increasing and sustaining economic growth in low-income regions, but also policies that close nonincome development gaps directly … the financial sector; improving governance; and eliminating other impediments created by market, institutional, or policy …

The relationship between governance and economic development is one of the most important areas of research in … international development. Much of the previous literature has focused on whether better governance leads to higher levels of income …. In this paper, we examine the relationship between governance and broader development outcomes, with a specific focus on …

development partners can make a difference in promoting the three policy objectives. Innovations in governance for better … development priorities into a triple bottom line: that is, a focus on growth, social inclusion, and environmental sustainability …. Reversing the negative social and environmental trends has to become a real development priority rather than a mere aspiration …