Governance has now become a buzzword. Everyone uses it, without necessarily defining it. At one level, we have a concept of corporate governance, related to efficient management of corporations. That too has a link with economic development. However, when we normally link governance with economic development, we have in mind what should actually be called public governance, related to the act of governing. Every society has a framework for exercising government functions, through three main organs of state — the legislature, the executive and the judiciary — with divisions between the three enshrined in the Constitution, if there is one. In Francis Bacon’s time, religion was also included in the framework of government. He wrote, “So when any of the four pillars of government are mainly shaken or weakened (which are Religion, Justice, Counsel and Treasure), men had need to pray for fair weather.”
See full Article.
Posts
