TAILIEUCHUNG - Lecture Development economics - Lecture 8: Measurement of economic development with good governance and humane governance Index

In the present days Good Governance has assumed a reasonable importance. The good governance is also known as Humane Governance. The concept of humane governance is the summation of good economic governance, good political governance and good civic governance. | Measurement of Economic Development with Good Governance and Humane Governance Index Lecture 8 Introduction: In the present days Good Governance has assumed a reasonable importance. The good governance is also known as Humane Governance. The concept of humane governance is the summation of good economic governance, good political governance and good civic governance. The experts agree that good governance is not imposed by the elites, rather it is framed by the people of a country. As a result of good governance the weakest persons of the society will be protected and they will be saved from molestation in their daily life. In South Asian countries the political democracy is yet to have its roots and there exists a big gap in the rulers and the subjects. This state of affairs can be attributed to low level of education, the discriminatory behavior regarding women and minorities, the imperialism, feudalism, superstitions and weak institutional set-up. Such all results in Bad-Governance or Mis-Governance. Thus, in the early years of 1990 the economists started associating economic development with good governance. In other words, economic development can possibly be attained if the developing countries change their existing social, political and economic system. Such all change is called good governance or humane governance. Definition of Governance as given by UNDP "Governance is such a system of economic, political and administrative authority which makes possible to understand and control the issues at each level of economy. The governance comprises the mechanism, methodology and institutions which help the citizens and groups to protect their interests. The persons, as a result of such governance, attain their legal rights, minimize their differences and perform their obligations along with the attainment of their rights". Types of Good Governance: The good governance has three types: Good political governance Good civic governance and Good .

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