What is the Meaning & Definition of governance
The term governance is a recent creation and dissemination that is coined with the mission to the efficiency, quality and the successful orientation of a State, which attributed much of its legitimacy, in other words, this would be something like a "new way of governing", which promotes a new way of management of public affairs based on the participation of civil society at all levels: national, local, regional and international. Then, governance is the art or mode of governing that he aims to achieve lasting economic, social and institutional development, urging the healthy balance between the State, civil society and the market economy.
The concept is usually mostly used in economic terms, though, it also boasts a use in social and institutional operation, especially relating to the interaction between different levels, when important assignments up and down.
There are different types of governance: global governance (regulation of interdependent relations in the absence of a global political authority; example: the relationship between the independent States), governance corporate (are a set of processes, policies, customs, institutions, and laws that make to the control, administration and management of a company), projective governance (involves processes that must occur to achieve a successful project).
In recent years have emerged several efforts to know the extent of governance of the countries that make up our world. One of the most prominent is the one promoted by the World Bank and members of the World Bank Institute, Worldwide Governance Indicators (WGI); It publishes both global indicators such as individual for more than 200 countries in six tiers of governance: political stability, absence of violence, government effectiveness, rule of law, control of corruption, the quality of regulation, among the most important.
Article contributed by the team of collaborators.
The concept is usually mostly used in economic terms, though, it also boasts a use in social and institutional operation, especially relating to the interaction between different levels, when important assignments up and down.
There are different types of governance: global governance (regulation of interdependent relations in the absence of a global political authority; example: the relationship between the independent States), governance corporate (are a set of processes, policies, customs, institutions, and laws that make to the control, administration and management of a company), projective governance (involves processes that must occur to achieve a successful project).
In recent years have emerged several efforts to know the extent of governance of the countries that make up our world. One of the most prominent is the one promoted by the World Bank and members of the World Bank Institute, Worldwide Governance Indicators (WGI); It publishes both global indicators such as individual for more than 200 countries in six tiers of governance: political stability, absence of violence, government effectiveness, rule of law, control of corruption, the quality of regulation, among the most important.
Article contributed by the team of collaborators.