What is good governance governance is fundamentally another, Ask an Expert

Economics

What is good governance?

Governance is fundamentally another word for government and is a necessary precondition for development. It is how governments employ their authority to pass laws and exercise force for the usual good. It is concerned along with how:

• Rulers are choose, monitored and replaced for example through free and fair elections or like an outcome of a military coup

• The authorities efficiently control resources and implement policies as like are decision taken for vested interests or the common good

• Disputes are settled for example by the impartial rule of law or through force.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9579747

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