Good Governance: Well-Meaning Slogan Or Desirable Development Goal?

Corruption last year cost the world more than one trillion dollars. That is a trillion dollars we can’t use to get better health care, education, food and environment. And corruption is only part of the problem of poor governance – many countries are run ineffectively, lacking accountability, transparency and rule of law. Running countries better would have obvious benefits. It would not only reduce corruption but governments would provide more services the public wants and at better quality. It is also likely that economic growth would increase. In a recent UN survey of seven million people around the world, an honest and responsive government was fourth in the list of people’s priorities, with only education and healthcare and better jobs being rated higher.

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22 Jan 2015

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