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Good governance: Short Notes for written Exam

Good governance refers to the systems and frameworks that direct the political, economic, and administrative authority in managing a nation’s resources and affairs. It embodies key principles such as transparency, accountability, the rule of law, participation, equity, efficiency, and responsiveness to the needs of the public.

The term ‘governance’ originates from the Latin word gubernare, which means “to steer” or “to direct.” This term later evolved into the Old French word governance, which signifies the act of governing. Classical philosophers, including Plato and Aristotle, extensively discussed the concept of governance, focusing on the importance of justice, fairness, and the responsibility of leaders to serve the common good.

The phrase “good governance” emerged as a significant concept in the late 20th century. It gained traction through the efforts of the World Bank and the United Nations during the 1980s and 1990s, as they emphasized its critical role in fostering economic growth and sustainable development.

Today, good governance serves as a universal standard for assessing the efficiency and effectiveness of governments and organizations. International institutions like the United Nations, World Bank, and International Monetary Fund often link financial aid to the adoption of good governance practices in recipient countries.

Good governance is essential for creating a fair and just society where resources are managed effectively, corruption is minimized, and the rule of law prevails, ensuring the well-being of all citizens.

M@mun

Hasan Al Mamun is a dedicated teacher, blogger, and YouTuber who has achieved great success in his field. He was born to parents Shahjahan Topodar and Masrura Begum and grew up with a love for learning and exploration. After completing his Bachelor's degree, Hasan pursued a Master's degree in Accounting and excelled in his studies. He then began his career as a teacher, sharing his knowledge and passion for accounting with his students. In addition to teaching, Hasan is also an avid blogger and YouTuber, creating content that educates and inspires his viewers. His YouTube channel, "My Classroom," has grown to an impressive 240,000 subscribers, earning him a silver play button from YouTube. Hasan's interests include book reading, travelling, gardening, and writing, and he often incorporates these passions into his work. He strives to create an honest and supportive community in all of his endeavors, encouraging his followers to learn and grow alongside him. Overall, Hasan Al Mamun is a talented and dedicated individual who has made a significant impact in the fields of education, blogging, and content creation.

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