«Governance» : a Weak Concept, a Strong Policy At the end of the 1980s, the Anglo-Saxon concept of «governance» was adopted by the World Bank to enable public policies in debt-ridden countries to adapt to market demands. For this purpose, «good local governance» must not only be driven by tight budgetary policies and economic deregulation, but must also display transparency in its decisions. Nevertheless, the contract between local public authorities and the population, which is one of democracy, does not conform to a model used primarily to make indebted countries fit criteria of global liberalism.
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Annick Osmont (1998) studied this question.
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