Which of the following is are the components of good governance 1 Public expenditure management 2 Ci...........

Governance Issues Introduction

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Which of the following is/are the components of good governance?

1) Public expenditure management

2) Civil services reforms

3) Reforms of public enterprises

Select the correct statement/s using codes given below.

1 and 2

2 and 3

1 and 3

1, 2 and 3

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Explanation:

All of the above are correct.

Good governance is an indeterminate term used in the international development literature to describe how public institutions conduct public affairs and manage public resources. Governance is "the process of decision-making and the process by which decisions are implemented (or not implemented)".

Good Governance is an approach to government that is committed to creating a system founded in justice and peace that protects individual’s human rights and civil liberties. According to the United Nations, Good Governance is measured by the eight factors of Participation, Rule of Law, Transparency, Responsiveness, Consensus Oriented, Equity and Inclusiveness, Effectiveness and Efficiency, and Accountability.