Countries with the best governance
Good country governance of course guarantees prosperity of a country. A counties success moost of the time is defined on how well the that country is governed.It differs from country to country and set out the difference.Good governance is a “literature to describe how public institutions conduct public affairs and manage public resources. Governance is however “the process of decision-making and the process by which decisions are implemented (or not implemented)”The term governance can apply to corporate, international, national, local governance or to the interactions between other sectors of society.
It is not an easy task to govern a country well enough but with a stern and effective working institutions , taking into consideration a good traditional systems and doing away with the outmoded ones , there will be a headway.Best governace also tranlate into excecising and ensuring that the rules or laws governing the jurisdiction is observed with jurisprudence.
Best governance always changes policies and ideas to suit its governing populace.The demands of the people needs to be taking into greater consideration most of the time. Even those external alliances can not be ignored.Democracy is a major tool in good governance. But most of the countries in the world are suffering because of corruption and bad leadership.
As a point in fact, though the United States currently at times claims have one of the world’s largest economies, it ranks 11th in both the Best Governance list and the Best Countries to Live in list. China,another giant in the market has even more disparity. Despite having the 3rd best Economy ranking, it is ranked as 52nd all around, and 67th in Governance. Indeed, “Prosperity” itself extends far beyond dollars, cents and economic leverage, with happiness and good leadership being just as, if not even more–very important.
There was a publishing by world bank on worldwide governance indicators (WGI).It evaluate the efficiency of governance in the world based on these principles.
- Control or corruption regulation
- Effectiveness of the government
- Voice of the people and accountability
- Absence of violence and political stability
- Rule of law
- Regulatory quality.