Resource information
This document presents the main
governance indicators for the country, as compiled by the
World Bank Institute (WBI), and how are they used by
international institutions in making decisions about
assistance to Nicaragua. Although these indicators have
weaknesses, they can provide a general indication of what
are the priority areas for investigation. Accordingly, the
present review concentrates on a few key areas where the
Bank's expertise can add value and complement the
efforts of other donors, including: (a) the regulatory
system; (b) the system of property registries; and (c) two
of the mechanisms for oversight and accountability of public
sector performance (the Comptroller's Office and social
accountability). The overall objective of the Institutional
and Governance Review (IGR) is to examine the institutional
and governance bottlenecks that stand in the way of more
effective impact of key public policies, particularly
poverty reduction policies. Since the report is limited in
scope, the criteria to decide priority areas for review
included: (a) issues that are of particular significance for
better governance and institutionality; (b) issues that are
particularly important in relation to poverty reduction; (c)
issues where the Bank has a comparative advantage; and (d)
issues where there would not be a duplication of effort with
other donors or other studies undertaken by the Bank and
where the IGR can add value.
