The triumph of economy and market ideal mostly depends on a set of core that do not appear suddenly.
The main issue for the achievement of economic development and growth is the attainment of the good governance.
Good governance is a prospect for economic security, enhancement of business environment and the appeal of domestic and foreign.
Improved governance requires an integrated, long-term strategy built upon cooperation between government and citizens.
It involves both involvement and institutions. The rule of law, accountability and transparency which produce government that is legitimate, effective, and widely supported by citizens.
Accountability present when there is a relationship where an individual or body and the accomplishment of tasks or functions by that individual or body, are subject to another’s oversight, direction or request that they provide information or justification for their actions.
The concept of accountability involves two distinct stages which are answerability and enforcement.
Answerability refers to the obligation of the government, its agencies and public officials to provide information about their decisions and actions and to justify them to the public and those institutions of accountability tasked with providing oversight.
Enforcement suggests that the public or the institution responsible for accountability can sanction the offending party or remedy the contravening behaviour.
Accountability requires transparency, both function best where laws are sound and widely supported and fair enforcement of those laws raises major questions of accountability and transparency.
Upholding these values requires a fine but flexible set of scales between self-interest and cooperation.
Citizens and officials must see good governance not only as an ideal, but also as improving their own lives.
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