Good governance

Good governance

The terms governance and good governance are increasingly being used in development literature.
Governance describes the process of decision-making and the process by which decisions are implemented (or not implemented). Hereby, public institutions conduct public affairs, manage public resources, and guarantee the realization of human rights. Good governance accomplishes this in a manner essentially free of abuse and corruption, and with due regard for the rule of law.

Good governance defines an ideal which is difficult to achieve in its totality. However, to ensure sustainable human development, actions must be taken to work towards this ideal. Major donors and international financial institutions, like the IMF or World Bank, areincreasingly basing their aid and loans on the condition that reforms ensuring good governance are undertaken.

A basic practical example of good governance would be where a member of a committee, with a vested interest in a topic being discussed at committee, would absent themselves from the discussion and not attempt to exert influence.

ee also

* Due diligence
* Good government
* Peace, order and good government
* Worldwide Governance Indicators

External links

* [http://www.unescap.org/pdd/prs/ProjectActivities/Ongoing/gg/governance.asp What is Good Governance?] , UNESCAP


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  • Governance in higher education — refers to the means by which higher educational (also tertiary or postsecondary) institutions are formally organized and managed, though often there is a distinction between definitions of management and governance. Simply, university governance… …   Wikipedia

  • Governance — (von frz. gouverner, „verwalten, leiten, erziehen“, aus lat. gubernare; gleichbedeutend griech. κυβερνάω /kybernáo: das Steuerruder führen; vgl. Kybernetik) – oft übersetzt als Regierungs , Amts bzw. Unternehmensführung –, auch… …   Deutsch Wikipedia

  • governance — gov‧er‧nance [ˈgʌvənəns ǁ vər ] noun [uncountable] also corporate governance COMMERCE the way a company is managed at the highest level: • There is growing interest by institutional investors in the governance of companies in which they own stock …   Financial and business terms

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