مرحباً بكم في الأمم المتحدة 
Good governance is considered synonymous with sound development management. However, economic governance of national state is facing serious problems because its traditional sovereignty over economic affairs has been imperceptibly eroded to other levels of world economy. Globalization represents a growing constraint on countries to utilize their own countryspecific national policies which can be overridden by the power of foreign government and foreign based multinational corporations. As a result, the search for effective governance has to proceed at the institutional and territorial levels, in addition to the nation state. The slow economic growth in developing and transitional economy countries and its negative global implications has alerted the international financial organizations to promote and implement action-oriented responses to enable these countries to enhance financial resources mobilization and their efficient, effective and rational utilization to achieve sustainable economic development with social justice.