(2008; 49 pages)
Good governance is an essential factor for economic growth and sustainable development at all levels and within all sectors of society. The social and economic chaos, corruption and violence that proliferate in failed states clearly demonstrate the results that ensue when bad governance prevails. There are many different definitions of governance and good governance in the literature (see Annex A). Although the definitions do not always use the same terminology, there is an emerging general consensus that Governance is about managing the resources and affairs of society to promote the well-being of its members. The term Good Governance is increasingly used to emphasize the need for governance to operate with due regard for the rule of law and especially in a manner that is free of corruption. There is also growing consensus on the major characteristics of good governance. Good governance is participatory, consensus oriented, accountable, transparent, responsive, effective and efficient, equitable and inclusive and follows the rule of law.