Coordinating the Global Governance Agenda

Over the last years, the World Bank engagement on so called governance and anticorruption (GAC) global issues has had two main drivers. The first is the World Development Report (WDR) 2001, which demonstrates how global threats - transnational organized criminal activity, corruption, the illegal trade in natural resources, the laundering of the proceeds of crime and tax evasion - impact on governance and development outcomes across the developing world, which underpins the 2012 revised GAC strategy global governance agenda. The second is driven by the demand from the outside (countries, other international organizations, civil society, etc.) for Bank engagement and inputs on global governance issues. The strong momentum on governance, anti-corruption, and more broadly transparency at the international level has led to a significant increase of such over the last two years - driven amongst others by the strong push by the G8 and the G20 on these issues, but also from developing countries (for example, emphasis on illicit financial flows by Africa) and civil society.