Thursday, May 17, 2012

GOOD ECONOMIC GOVERNANCE,GOOD POLITICAL GOVERNANCE AND THE LINK (CONNECTION) BETWEEN THEM


I. INTRODUCTION
The United Nations Development Programme (UNDP) has been at the forefront of the growing international consensus that good governance and sustainable good economic governance (human development) are indivisible. And we believe that developing the capacity for good governance can be - and should be - the primary way to eliminate poverty. Notions of good governance and the link between governance and sustainable good economic governance (human development) vary greatly, however, both in academic literature and among development practitioners.
Economic growth is a means to sustainable human development - not an end in itself. Human Development Report 1996 showed that economic growth does not automatically lead to sustainable human development and the elimination of poverty. For example, countries that do well when ranked by per capita income often slip down the ladder when ranked by the human development index. There are, moreover, marked disparities within countries - rich and poor alike - and these become striking when human development among indigenous peoples and ethnic minorities is evaluated separately.
Good governance is considered synonymous with sound development management. However, economic governance of national state is facing serious problems because its traditional sovereignty over economic affairs has been imperceptibly eroded to other levels of world economy.  Globalization represents a growing constraint on countries to utilize their own country specific national policies which can be overridden by the power of foreign government and foreign based multinational corporations.  As a result, the search for effective governance has to proceed at the institutional and territorial levels, in addition to the nation state. 
II. GOOD ECONOMIC GOVERNANCE
So, what is sustainable good economic governance (human development)?
We define human development as expanding the choices for all people in society. This means that men and women - particularly the poor and vulnerable - are at the centre of the development process. It also means "protection of the life opportunities of future generations...and...the natural systems on which all life depends" (UNDP, Human Development Report 1996). This makes the central purpose of development the creation of an enabling environment in which all can enjoy long, healthy and creative lives[1].
There are five aspects to sustainable good economic governance( human development) - all affecting the lives of the poor and vulnerable: 
  • Empowerment - The expansion of men and women's capabilities and choices increases their ability to exercise those choices free of hunger, want and deprivation. It also increases their opportunity to participate in, or endorse, decision-making affecting their lives.
  • Co-operation - With a sense of belonging important for personal fulfillment, well-being and a sense of purpose and meaning, human development is concerned with the ways in which people work together and interact.
  • Equity - The expansion of capabilities and opportunities means more than income - it also means equity, such as an educational system to which everybody should have access.
  • Sustainability - The needs of this generation must be met without compromising the right of future generations to be free of poverty and deprivation and to exercise their basic capabilities.
  • Security - Particularly the security of livelihood. People need to be freed from threats, such as disease or repression and from sudden harmful disruptions in their lives.
UNDP focuses on four critical elements of sustainable good economic governance( human development): eliminating poverty, creating jobs and sustaining livelihoods, protecting and regenerating the environment, and promoting the advancement of women. Developing the capacities for good governance underpins all these objectives.
Good economic governance, including transparency in financial management, is an essential pre-requisite for promoting economic growth and reducing poverty.
Mindful of this, there are five key objectives pursued:
1.      Promote macroeconomic policies that support sustainable development
2.      Implement transparent, predictable and credible government economic policies
3.      Promote sound public finance management
4.      Fight corruption and money laundering
5.      Accelerate regional integration by participating in the harmonization of monetary, trade and investment policies amongst the participating states
The slow economic growth in developing and transitional economy countries and its negative global implications has alerted the international financial organizations to promote and implement action oriented responses to enable these countries to enhance financial resources mobilization and their efficient, effective and rational utilization to achieve sustainable economic development with social justice[2].
An important constituent of economic governance – public expenditure management has its approaches and recommendations solidly anchored on the economic, social, and administrative and implementation capacity realities of the country concerned.  With a view to ensuring that the government’s financial resources are used lawfully, efficiently and effectively and with transparency and accountability, it would be necessary to devise strategic method of public financial management and control.
There is widespread awareness that lack of accountability, good governance and transparency in government operations hinder the progress towards sustainable economic development.  Traditionally, international financial organizations have advised member countries to pursue sound economic policies – policies that promote growth through low inflation, sound and prudent monetary and fiscal policies and a sustainable balance of payments position.  Presently, in the context of changed economic environment, it is necessary to broaden the scope of the economic policies to include other elements, popularly known as “second generation reforms” which are considered vital for economic growth and financial stability, namely:
1.      Reduction in extravagant and unproductive government expenditure;
2.      Higher spending on primary health and education; and adequate social protection for the poor, the unemployed and other vulnerable underserved sections of the society;
3.      The creation of a more level playing field for the private sector activity, by increasing the openness, stepping up the privatization process, reducing the power of monopolies through appropriate legal and administrative measures, and setting up more transparent and simpler legal and regulatory systems and frameworks;
4.      Stronger banking sector which protects small savers and other depositors, and reduce risks for shareholders and creditors by enforcing stricter prudential standards and information disclosure requirements;
5.      Reform of tax systems to make them more efficient, effective, equitable and fairly comprehensible; and
6.      Greater transparency and accountability in government and corporate affairs. These elements could be considered to constitute the basic framework of good economic governance.
One of the major problems before the developing countries and the transitional economies   is to create a conducive economic environment for economic growth and social progress.  Each country must ascertain and evaluate its stock of natural, physical and financial resources and formulate its strategy for economic growth on the basis of its ability for capacity building, resource mobilisation, strengthening of the institutional framework and administrative capability.  There should be positive steps taken to promote private sector development by creating conducive atmosphere for its nurture and healthy growth.  Wherever possible, attempts should be made to encourage and foster private-public sector partnership and establish adequate legal and regulatory framework to provide a level-playing field to both public and private sectors of the economy.    Economic governance consists of the entire institutional framework of the government engaged in the evolution and implementation of the general economic policy in all its manifestations affecting its internal and international economic relations. Economic governance would also necessitate evolving on a permanent basis harmonious fiscal, monetary and trade policies and establishment of a monitoring authority for effective co-ordination between different economic activities. In the interest of decentralisation of functions, the central bank of the country should be endowed with a great deal of autonomy and authority to implement monetary policy as recent experiences of the developed countries have shown. Wherever there is an independent planning authority entrusted with medium and long-term planning of the national resources, there is further necessity for close coordination with such planning authority. 
Effective economic governance, in this context, would seek to evolve well structures, harmonious and complementary fiscal, monetary and trade policies and establishment of monitoring and regulatory authorities for promotion and coordination of difference economic activities.
III. GOOD POLITICAL GOVERNANCE
This thematic area ensures that the respective national constitutions reflect the democratic ethos and provide for demonstrably accountable governance, and that political representation is promoted, thus providing for all citizens to participate in the political process in a free and fair political environment.
The aim is to enforce strict adherence to the position of the African Union (AU) on unconstitutional changes of government and other decisions of our continental organization aimed at promoting democracy, good governance.
What, then, is governance? And what is good governance?
The challenge for all societies is to create a system of governance that promotes, supports and sustains human development - especially for the poorest and most marginal. But the search for a clearly articulated concept of governance has just begun.
Governance can be seen as the exercise of economic, political and administrative authority to manage a country's affairs at all levels. It comprises the mechanisms, processes and institutions through which citizens and groups articulate their interests, exercise their legal rights, meet their obligations and mediate their differences.
Good governance is, among other things, participatory, transparent and accountable. It is also effective and equitable. And it promotes the rule of law. Good governance ensures that political, social and economic priorities are based on broad consensus in society and that the voices of the poorest and the most vulnerable are heard in decision-making over the allocation of development resources.
Governance has three legs: economic, political and administrative. Economic governance includes decision-making processes that affect a country's economic activities and its relationships with other economies. It clearly has major implications for equity, poverty and quality of life. Political governance is the process of decision-making to formulate policy. Administrative governance is the system of policy implementation. Encompassing all three, good governance defines the processes and structures that guide political and socio-economic relationships.
Governance encompasses the state, but it transcends the state by including the private sector and civil society organisations. What constitutes the state is widely debated. Here, the state is defined to include political and public sector institutions. UNDP's primary interest lies in how effectively the state serves the needs of its people. The private sector covers private enterprises (manufacturing, trade, banking, cooperatives and so on) and the informal sector in the marketplace. Some say that the private sector is part of civil society. But the private sector is separate to the extent that private sector players influence social, economic and political policies in ways that create a more conducive environment for the marketplace and enterprises. 
Civil society, lying between the individual and the state, comprises individuals and groups (organised or unorganised) interacting socially, politically and economically - regulated by formal and informal rules and laws. 
Civil society organisations are the host of associations around which society voluntarily organises. They include trade unions; non-governmental organisations; gender, language, cultural and religious groups; charities; business associations; social and sports clubs; cooperatives and community development organisations; environmental groups; professional associations; academic and policy institutions; and media outlets. Political parties are also included, although they straddle civil society and the state if they are represented in parliament.
The institutions of governance in the three domains (state, civil society and the private sector) must be designed to contribute to sustainable human development by establishing the political, legal, economic and social circumstances for poverty reduction, job creation, environmental protection and the advancement of women.
Much has been written about the characteristics of efficient government, successful businesses and effective civil society organisations, but the characteristics of good governance defined in societal terms remain elusive. The characteristics of good governance are[3]:
  • Participation - All men and women should have a voice in decision-making, either directly or through legitimate intermediate institutions that represent their interests. Such broad participation is built on freedom of association and speech, as well as capacities to participate constructively.
  • Rule of law - Legal frameworks should be fair and enforced impartially, particularly the laws on human rights.
  • Transparency - Transparency is built on the free flow of information. Processes, institutions and information are directly accessible to those concerned with them, and enough information is provided to understand and monitor them.
  • Responsiveness - Institutions and processes try to serve all stakeholders.
  • Consensus orientation - Good governance mediates differing interests to reach a broad consensus on what is in the best interests of the group and, where possible, on policies and procedures.
  • Equity - All men and women have opportunities to improve or maintain their well-being.
  • Effectiveness and efficiency - Processes and institutions produce results that meet needs while making the best use of resources.
  • Accountability - Decision-makers in government, the private sector and civil society organisations are accountable to the public, as well as to institutional stakeholders. This accountability differs depending on the organisation and whether the decision is internal or external to an organisation. 
  • Strategic vision - Leaders and the public have a broad and long-term perspective on good governance and human development, along with a sense of what is needed for such development. There is also an understanding of the historical, cultural and social complexities in which that perspective is grounded.
Interrelated, these core characteristics are mutually reinforcing and cannot stand alone. For example, accessible information means more transparency, broader participation and more effective decision-making. Broad participation contributes both to the exchange of information needed for effective decision-making and for the legitimacy of those decisions. Legitimacy, in turn, means effective implementation and encourages further participation. And responsive institutions must be transparent and function according to the rule of law if they are to be equitable.
These core characteristics represent the ideal - and no society has them all. Even so, UNDP believes that societies should aim, through broad-based consensus-building, to define which of the core features are most important to them, what the best balance is between the state and the market, how each socio-cultural and economic setting can move from here to there.
UNDP is faced increasingly with post-crisis situations and disintegrating societies. For them, the issue is not developing good governance - it is building the basic institutions of governance. The first step is towards reconciliation - building society's ability to carry on a dialogue on the meaning of governance and the needs of all citizens.

Peace and security. It also aims at establishing and strengthening appropriate electoral administrations and oversight bodies in our respective countries, and providing the necessary resources and capacity to conduct elections that are free, fair and credible.
There are 9 key objectives in this thematic area:
1.      Prevent and reduce intra- and inter-country conflicts
2.      Constitutional democracy, including periodic political competition and opportunity for choice, the rule of law, a Bill of Rights and the supremacy of the constitution are firmly established in the constitution.
3.      Promote and protect economic, social, cultural, civil and political rights as enshrined in all African and international human rights instruments.
4.      Uphold the separation of powers, including the protection of the independence of the judiciary and of an effective Parliament
5.      Ensure accountable, efficient and effective public office holders and civil servants
6.      Fight corruption in the political sphere
7.      Promote and protect the rights of women
8.      Promote and protect the rights of the child and of young persons
9.      Promote and protect the rights of vulnerable groups, including displaced persons and refugees
 “Corruption” most often applied to abuse of public power by politicians and civil servants for personal gain, is motivated by greed and by the desire to retain or increase one’s power.  Controlling corruption has emerged as one of the most important concerns within the international community.  Corruption is a pervasive phenomenon which can be found in a wide spectrum of countries of vastly differing ideologies, economic conditions and social development.  There has been unmistakable attitudinal change towards corruption:  governments have become unable to conceal evidence of corrupt practices, level of public tolerance for corruption has declined and spread of democratic process affords less opportunity for practicing corruption.  Higher public investment, regimes of regulations and authorizations, higher taxes, trade restrictions, lower salaries of public officials and other discretionary powers wielded by public officials are the main causes of corruption developing and transitional economy countries should establish proper institutional framework for fighting corruption and enhance the morale of public officials by meeting out strict punishment to corrupt officials
CONCEPT OF GOOD GOVERNANCE
 Governance in broad terms signifies the exercise of political, economic and administrative authority to manage nation affairs comprising the complex range of mechanisms, processes, relationships and institutions through which citizens and groups articulate their interests, exercise rights and obligations and mediate differences.  Governance is not the sole prerogative of the State but its functions could be assumed by or delegated to specified institutions and organizations in the private sector and the civil society.
Good governance has many characteristics. Good governance systems are participatory in that the members of governance institutions have a voice in the decision-making process based on democratic traditions.  The procedures and method of decision making reflect transparency to ensure effective participation.  The governance system aims at bringing about sustainable development. Good governance promotes equity and equality of treatment to all based on the concept of nondiscrimination. The basic consideration in good governance is being able to develop the resources and methods of governance. In the context of social development parameters, it promotes gender balance, promotes synthesis of diverse perspectives and mobilises resources for social purposes.
 Good governance strengthens indigenous mechanisms and ensures effective and efficient use of resources.  All civilised societies are based on rule of law which promotes good governance. Good governance engenders and commands respect and trust. 
 The persons entrusted with the task of taking decisions in government, private sector and civil society organisations have to be accountable for their actions to the members of public and institutional stakeholders. Governmental organisations have to be service oriented, responsive to the hopes and aspirations of the people, act as facilitative and enabling, regulatory rather than controlling, take ownership of solutions to national social problems and able to deal with temporal issues. 
IV. THE MAIN LINK BETWEEN GOOD ECONOMIC GOVERNANCE AND GOOD POLITICAL GOVERNANCE
  The reduction of the role of government in the economic sphere and the recognition of private sector as ‘engine of economic growth’ has meant that government has a new vital role in creating an effective legal and regulatory framework in which private sector will be enabled to operate.  The need to evolve basic principles and guidelines for ensuring effective economic governance in developing and transitional economy countries cannot be over emphasized[4].
The concept of governance in the context of promotion of sound and sustainable economic development comprises of efficient government, effective civil society and successful private sector.  Good governance is based on participatory and democratic traditions, promotion of equity and equality, gender balance and promotion of synthesis of diverse perspectives and mobilization of resources for social purposes, and in the final analysis based on the rule of law. 
The economic consequences of corruption are increased transactions costs and uncertainty, inefficient economic outcomes, undermines State’s legitimacy, hampers growth of competitiveness and affects the performance, integrity and effectiveness of government institutions.
Such organisms operate in a legal or policy framework defined by the State but having autonomous existence and exercise political, economic and administrative authority The concept of governance in the context of promotion of sustainable economic development comprises of the efficient government, effective civil society and successful private sector.

Relationships between governance and human development
Each domain of governance - the state, the private sector and civil society - has a unique role in promoting sustainable good economic governance (human development).
The state
In countries where electoral processes exist, the state is composed of an elected government and an executive branch. The state's functions are manifold - among them, being the focus of the social contract that defines citizenship, being the authority that is mandated to control and exert force, having responsibility for public services and creating an enabling environment for sustainable human development. The latter means establishing and maintaining stable, effective and fair legal-regulatory frameworks for public and private activity. It means ensuring stability and equity in the marketplace. It means mediating interests for the public good. And it means providing effective and accountable public services. In all four roles, the state faces a challenge - ensuring that good governance addresses the concerns and needs of the poorest by increasing the opportunities for people to seek, achieve and sustain the kind of life they aspire to.
The state, of course, can do much in such areas as upholding the rights of the vulnerable, protecting the environment, maintaining stable macroeconomic conditions, maintaining standards of public health and safety for all at an affordable cost, mobilizing resources to provide essential public services and infrastructure and maintaining order, security and social harmony.
State institutions can also empower the people they are meant to serve - providing equal opportunities and ensuring social, economic and political inclusion and access to resources. But people can be empowered only if their legislatures, electoral processes and legal and judicial systems work properly. Parliaments of freely and fairly elected members representing different parties are crucial to popular participation and government accountability. Effective legal and judicial systems protect the rule of law and the rights of all. Open elections mean public confidence and trust - and so political legitimacy. States should also decentralise political and economic systems to be more responsive to citizens' demands and to changing economic conditions.
In developed and developing countries alike, the state is being compelled to redefine its role in social and economic activity - to reduce it, reorient it, and reconfigure it. The pressures for change stem from three sources:
  • The private sector wants a more conducive market environment and a better balance between state and market.
  • Citizens want increased accountability and responsiveness from government, as well as greater decentralisation.
  • Global pressures from supranationals and worldwide social and economic trends are challenging the identity and nature of the state.
The private sector
The state is a big force for development - but it is not the only one. Sustainable human development depends in part on creating jobs that provide enough income to improve living standards. Most states now recognise that the private sector is the primary source of opportunities for productive employment. Economic globalisation is fundamentally changing the ways in which industries and enterprises operate. In many developing countries, private enterprise must be encouraged and supported to be more transparent and competitive in the international marketplace. 
Equitable growth, gender balance, environmental preservation, expansion of the private sector and responsible and effective participation in international commerce cannot be achieved by the market alone, however. States can foster private sector development that is sustainable by:
  • Creating a stable macroeconomic environment.
  • Maintaining competitive markets.
  • Ensuring that the poor (especially women) have easy access to credit.
  • Nurturing enterprises that generate the most jobs and opportunities.
  • Attracting investment and helping to transfer knowledge and technologies, particularly to the poor.
  • Enforcing the rule of law.
  • Providing incentives for human resource development.
  • Protecting the environment and natural resources.
Civil society
Civil society also has to protect the rights of all citizens. As the state and the private sector are being reshaped and their relationships redefined, civil society is changing in important ways. Unresponsive government and unrelenting economic and social pressure have undermined some traditional civil society organisations and strengthened others - and in many cases forced people to organise in new ways. Civil society is thus more than just society. It is the part of society that connects individuals with the public realm and the state - it is the political face of society.
Civil society organisations channel people's participation in economic and social activities and organise them into more powerful groups to influence public policies and gain access to public resources, especially for the poor. They can provide checks and balances on government power and monitor social abuses. They also offer opportunities for people to develop their capacities and improve their standards of living - by monitoring the environment, assisting the disadvantaged, developing human resources, helping communication among business people.
More fundamentally, civic networks ease the dilemmas of collective action by institutionalising social interaction, reducing opportunism, fostering trust and making political and economic transactions easier. Well-developed civic networks also amplify flows of information - the basis for reliable political, economic and social collaboration and public participation of civil society members. These relationships and social norms make up a nation's social capital.
Civil society organisations do not always pursue the qualities of good governance. Nor are they always the most effective development agents. That is why states, while recognising and protecting the democratic rights of civil society organisations, must also ensure that the rules of law and values that reflect societal norms are adhered to. Democratic institutions, particularly local ones, can be important in ensuring that all in society have a voice, as well as ensuring that there are transparent and fair ways to reach consensus.
Like private enterprises, civil society organisations need adequate capacities to fulfill their potential. They also need an enabling environment, including a legislative and regulatory framework that guarantees the right of association, incentives to facilitate support and ways for civil society organisations to be involved in public policy-making and implementation.
Strengthening the enabling environment for sustainable human development thus depends not only on a state that governs well and a private sector that provides jobs that generate income. It also depends on civil society organisations that make political and social interaction easier and that mobilise society to participate in economic, social and political activities.
The global context
The transformation from command to market-oriented economies, the emergence of democratic political regimes in the former Soviet Union, the rapid development and global proliferation of new technologies, the pervasive spread of telecommunications systems, the growing importance of knowledge-based industries and skills and the continuing integration of the world economy through trade and investment - all these have created the foundation for a new age of sustainable human development. But all carry risks as well. Is it to be a breakthrough or a breakdown? 
Changes in the world's economic, political and social systems have indeed brought unprecedented improvements in human living conditions in both developed and developing countries. Consider the profound breakthroughs in communications, transport, agriculture, medicine, genetic engineering, computerisation, environmentally friendly energy systems, political structures, peace settlements. The list goes on. 
But these changes also bring new uncertainties and challenges as the world steps into the 21st century. Signs of breakdown are everywhere: disintegration of families; destruction of indigenous societies; degradation and annihilation of plant and animal life; pollution of rivers, oceans and the atmosphere; crime, alienation and substance abuse; higher unemployment; and a widening gap in incomes and capabilities. Not a pretty picture.
The trend towards globalisation deserves special attention. It is manifest in the growth of regional blocs that cooperate in such areas as trade and legal frameworks, in the power of intergovernmental bodies such as the World Trade Organization and in the spread of transnational corporations. Globalisation has profound implications for governance the final impact of which we cannot yet determine. First is the increasing marginalisation of certain population groups. Those who do not have access to the technological/information revolution are in danger of becoming part of a structural underclass. Second is the erosion of state sovereignty as transnational bodies increasingly mediate national concerns and press for universal laws. Third is the increased globalisation of social and economic problems, such as crime, narcotics, infectious diseases and the migration of labour. Finally, international capital and trade are decreasingly accountable to sovereign states.
Governance can no longer be considered a closed system. The state's task is to find a balance between taking advantage of globalisation and providing a secure and stable social and economic domestic environment, particularly for the most vulnerable. Globalisation is also placing governments under greater scrutiny, leading to improved state conduct and more responsible economic policies.
Because each domain of governance - state, private sector, civil society - has strengths and weaknesses, the pursuit of good governance requires greater interaction among the three to define the right balance among them for sustainable people-centred development. Given that change is continuous, the ability for the three domains to continuously interact and adjust must be built-in, thus allowing for long-term stability. UNDP's Initiatives for Change recognises that the relationships among government, civil society and the private sector:
Are key determinants in whether a nation is able to create and sustain equitable opportunities for all of its people. If a government does not function efficiently and effectively, scarce resources will be wasted. If it does not have legitimacy in the eyes of the people, it will not be able to achieve its goals or theirs. If it is unable to build national consensus around these objectives, no external assistance can help bring them about. If it is unable to foster a strong social fabric, the society risks disintegration and chaos. Equally important, if people are not empowered to take responsibility for their own development within an enabling framework provided by government, development will not be sustainable.
Developing countries must ensure that everyone can participate in economic and social development and take advantage of globalisation. They must build a political system that encourages government, political, business and civic leaders to articulate and pursue objectives that are centred around people and a system that promotes public consensus on these objectives[5]. 

Prepared by Jean Paul

No comments:

Post a Comment