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Home Office of the Co-ordinator of OSCE Economic and Environmental Activities Good Governance

Good Governance

Good Governance
(OSCE)
Good governance at all levels is fundamental to economic growth, political stability, and security — a key factor for stability and security. Good governance leads to improved economic benefits in a globalized world and it accelerates economic transitions. The comprehensive concept of security of the OSCE that encompasses political–military, economic and environmental, as well as human rights issues is what good governance is about.

In order to enhance security and stability in the region, the OSCE works on promoting  international co-operation on economic issues, strengthening good governance and assisting our participating States in combating corruption, money laundering and the financing of terrorism.

Good governance is promoted by working closely with government institutions and relevant national structures as well as regional and international organizations, teaming up with the business community and civil society, and by leveraging our extensive field presences in South-Eastern Europe, Eastern Europe and Central Asia.

Mandate

In 2003 with the adoption of the OSCE Strategy Document for the Economic and Environmental Dimension at the Ministerial Council in Maastricht, participating States committed to co-operating on economic, good governance and sustainable development issues.

The strategy document states that “Good governance on the international as well as the national level is crucial for well-being, security and stability in the OSCE region.”

Following the Maastricht Strategy Document for the Economic and Environmental Dimension, the OSCE has adopted over the years a number of important decisions and declarations:

The role of the OSCE

The OSCE works to tackle many aspects of weak governance, including corruption and money-laundering, promoting full respect of the rule of law, increase transparency, and develop effective legislation as the foundation of a functioning State.

The work of the Office of the Co-ordinator of OSCE Economic and Environmental Activities (OCEEA) is an integral part of this approach.

The OCEEA has been actively involved in supporting OSCE participating States in:

  • Promoting the ratification and implementation of the UN Convention against Corruption and the Financial Action Task Force’s Recommendations on anti-money laundering and countering the financing of terrorism;
  • Improving national anti-corruption and anti-money laundering regulatory frameworks;
  • Organizing national and regional seminars and capacity building workshops, on request, in the areas of corruption prevention, detection, financial investigation, criminalization, cooperation and stolen asset identification for public officials and representatives of civil society and the private sector;
  • Supporting money laundering national risk assessments.

The OCEEA implements its good economic governance activities in co-operation with OSCE Field Operations and many other partners, such as, UNODC, OECD, the Council of Europe and relevant national agencies.

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Preventing and Combating Corruption
Corruption poses a significant threat to security and stability. It undermines democracy, diminishes the rule of law, and hinders social and economic development by diverting much needed investments from welfare and infrastructure to the pockets of corrupted individuals. Widespread corruption can lead to general public dissatisfaction towards State institutions, disillusion with the government, which can result in unrest and instability.
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