Tag Archives: governance

The Failure of Good Governance: How it led to the Financial Crisis

The concept of good governance has typically been used in development economics as a way to describe the system of aid-recipient countries – developing economies. The recent economic crisis has brought this concept into light in developed economies where governance, both public and private, has been assumed to be sound. Euphemistically put, the unfolding of […]

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Pak-Governance: Parallel Tracks

The term “good governance” has increasingly been used to describe the regulatory interventionist regime necessary to support free markets in order to reduce, minimize and dampen suboptimal market outcomes due to constraints present in the real world. The concept was also adopted by development literature whereby it was argued that better institutions (that is, better […]

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CSR and Sustainable Development in Africa: Water of Life

According to the traditional African philosophy of Ubuntu, we discover and affirm our own humanity through our interactions with others. This concept of ‘a person is a person through other persons’ provides an insight into how Corporate Social Responsibility (CSR) is applied in Africa and how businesses can stimulate sustainable development. African companies see themselves […]

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Water and Corruption: a destructive partnership

The Global Corruption Report 2008 is the first report to assess how corruption affects all aspects of water – and reflects on what more can be done to ensure that corruption does not continue to destroy this basic and essential resource, one that is so fundamental to the lives of people all over the planet. […]

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