Governance in International Organisations : the case for reform in the Bretton Woods institutions

'Good governance' is now a central item on the agenda of the IMF and the World Bank in their dealings with member states. This paper defines 'good governance' and examines the experiences of other international organizations which have attempted to balance principles of good governance with efficiency. It also explores how 'good governance' might be applied to international organizations and what this means for reform of the institutions. The aim is critically to evaluate governance within the Bretton Woods institutions.