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Open AccessJournal ArticleDOI

Governance: What Do We Know, and How Do We Know It?

Francis Fukuyama
- 11 May 2016 - 
- Vol. 19, Iss: 1, pp 89-105
TLDR
The term governance does not have a settled definition today, and it has at least three main meanings: international cooperation through nonsovereign bodies outside the state system, regulation of social behavior through networks and other non-hierarchical mechanisms as discussed by the authors.
Abstract
The term governance does not have a settled definition today, and it has at least three main meanings. The first is international cooperation through nonsovereign bodies outside the state system. This concept grew out of the literature on globalization and argued that territorial sovereignty was giving way to more informal types of horizontal cooperation, as well as to supranational bodies such as the European Union. The second meaning treated governance as a synonym for public administration, that is, effective implementation of state policy. Interest in this topic was driven by awareness that global poverty was rooted in corruption and weak state capacity. The third meaning of governance was the regulation of social behavior through networks and other nonhierarchical mechanisms. The first and third of these strands of thought downplay traditional state authority and favor new transnational or civil society actors. These trends, however, raise troubling questions about transparency and accountability in ...

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Water Governance—An Historical Perspective on Current Debates

TL;DR: In this article, the authors examine the drivers that have informed different conceptualisations of water governance and show how "scarcity" has become central to narratives that sought to focus governance at the river basin scale, to restrict water use in favour of the protection and restoration of water resource ecosystems and to prioritize economic efficiency through market mechanisms.
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Integrity: What it is and Why it is Important

TL;DR: In this paper, the authors address basic questions about integrity, including what views and interpretations of "integrity" can be distinguished, with additional reflection on the underlying basics of an integrity "approach" and its relationship with concepts/views with "ethics" or "corruption", or "good governance" in the center.
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Professional service firms as agents of economic globalization:a political perspective

TL;DR: In this paper, a broadening of the research agenda to better elucidate the critical role of professional service firms as agents of economic globalization has been proposed, which should become a core research theme given the firms are not just businesses offering services across the globe but also active participants in the globalization of the world economy.
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Ending the Stalemate: Toward a Theory of Anthro-Shift:

TL;DR: For years, sociologists who study society and the environment have focused on resolving the debate regarding the relationship between economic development and environmental degradation as mentioned in this paper. But the debate has not yet been resolved.
References
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Journal ArticleDOI

Social Capital in the Creation of Human Capital

TL;DR: In this paper, the concept of social capital is introduced and illustrated, its forms are described, the social structural conditions under which it arises are examined, and it is used in an analys...
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The Nature of the Firm

Ronald H. Coase
- 01 Nov 1937 - 
TL;DR: In this paper, it is shown that a definition of a firm may be obtained which is not only realistic in that it corresponds to what is meant by a firm in the real world, but is tractable by two of the most powerful instruments of economic analysis developed by Marshall, the idea of the margin and that of substitution.
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A public management for all seasons

TL;DR: In this paper, the authors discuss the doctrinal content of the group of ideas known as "New Public Management" (NPM), the intellectual provenance of those ideas, explanations for their apparent persuasiveness in the 1980 s; and criticisms which have been made of the new doctrines.
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Multitask Principal–Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design

TL;DR: In this article, a principal-agent model that can explain why employment is sometimes superior to independent contracting even when there are no productive advantages to specific physical or human capital and no financial market imperfections to limit the agent's borrowings is presented.
Journal ArticleDOI

The New Governance: Governing Without Government

TL;DR: The term "governance" is popular but imprecise. It has at least six uses, referring to: the minimal state; corporate governance: the new public management; good governance; socio-cybernetic syste...
Trending Questions (1)
Why is there disagreement about the definition of governance?

There is disagreement about the definition of governance because it has multiple meanings and lacks a consistent understanding.