Good Governance

In recent years the word governance has become a very fashionable term and is being used in a variety of ways and covers a large number of organizations both in public and private domain. This is not a new concept. It is as old as human civilization on this earth. Generally the term 'Governance' refers to the process of decision making and the process by which decisions are implemented (or not implemented). It can be used in several contexts such as corporate governance, local governance, national governance, international governance or to the interactions between other sectors of society. Governance is necessary in each sector of nation for smooth and efficient working. It is one of the actors of governance and takes decisions at local and national level and implements those decisions for human welfare. The quality of governance plays a vital role in the economic development of countries as everybody knows that without good governance there can be no sustainable development in a country.
                It is widely recognized that good governance is a sine non qua for economic development of developing countries. There are various actors........ Good governance is generally characterized by accessibility, accountability, predictability, transparency and follows the rule of law. It assures that corruption is minimized, views of minorities are taken into account and that the voices of the most vulnerable in society are heard in decision making. When good governance is guaranteed, residents of all over the world go about their personal business and pursuits with enhanced expectations whereas bad governance not only restricts opportunities of success but it can even degenerate into sectarian conflicts and civil wars.
                Good Governance does not occur by chance. It cannot be introduced overnight. The process is often, a gradual one involving changes to long standing, practices, entrenched interests and cultural habits and social and even religious...