Institutional Strengthening and Development
Governability and institutional strengthening play a central role in present-day development cooperation policies.
Nowadays many donors and financial institutions consider good governance and institutional strengthening to be essential elements in order for international cooperation to reduce poverty. There are numerous inefficient financial institutions,parliaments, administrations and judicial bodies that suffer problems of corruption.
As a result many donors have begun to work with emerging economies in order to help them reduce the level of corruption, promote the citizen’s voice and encourage transparency and accountability.
Many experts today argue that it is possible to measure and compare a country’s governability and corruption and verify any advances made. The World Bank, for instance, has prepared aggregate governability indicators based on more than 350 variables and including more than 200 countries.
The CECOD recognizes the importance of this issue and has conducted a project exclusively dedicated to institutional strengthening including its own website, www.cecod-fi.net.