The essential nature of governance is the structure of institutions and societal norms by which authority is exercised for everyone's benefit at all levels, from local to global.
The Three Dimensions of Governance
Governance in general has, among others, three dimensions:
- The political dimension - processes by which those in authority are selectedm elected, monitored and replaced.
- The economic dimension - process by which public resources are effectively managed and sound policies implemented
- The institutional dimension - processes by which citizens and the state itself respect the society's/public institutions
The Governance Working Group of the International Institute of Administrative Sciences 1996.