www.imf.org/external/pubs/ft/fabric/gloss.htm The terms governance - - PDF document

• What is Good Governance?

Administration (of government, or corporations or other private sector entities) that is efficient, fair, open, and impartial. www.imf.org/external/pubs/ft/fabric/gloss.htm The terms governance and good governance are being increasingly 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. en.wikipedia.org/wiki/Good_governance

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