Good governance in developing countries has become a subject of rich
debate and Bangladesh is no exception. A newly updated set of indicators
by researches at World Bank is recognized as the most effective tool to
access the governance in different countries. The indicators include
voice and government effectiveness, regular quality, rule of law and
control of corruption. These indicators of good governance are all inter
related and as the effectiveness of one depends upon the other, a
problem in any of the indicators will eventually compromise the
effectiveness of other indicators. The lack of good governance issues in
Bangladesh has contributed significantly to the lack of business ethics
and the issue of corporate social responsibility that has emerged.
The civil society organizations and private sector can help the government in promoting good governance by monitoring the states exercise of power and broadening citizens participation in public policy making. The civil society organizations can also force the government to be transparent and accountable by publicizing the acts of wrong doing, corruption and violation of law and can also advocate for the poor farmers who are being cheated. On the supply side the civil society can share much of the role of the state in providing training to the private sector and farmers about business ethics and creating awareness among them. Although the importance of governance in promoting development and alleviating poverty is university accepted, measuring the quality of governance until recently was an elusive challenge. A new set of indicators covering almost 200 countries from the period 1996-2002 have been recognized as the most effective measurement tool across the world. These indicators focus on six dimensions which include the following:
The civil society organizations and private sector can help the government in promoting good governance by monitoring the states exercise of power and broadening citizens participation in public policy making. The civil society organizations can also force the government to be transparent and accountable by publicizing the acts of wrong doing, corruption and violation of law and can also advocate for the poor farmers who are being cheated. On the supply side the civil society can share much of the role of the state in providing training to the private sector and farmers about business ethics and creating awareness among them. Although the importance of governance in promoting development and alleviating poverty is university accepted, measuring the quality of governance until recently was an elusive challenge. A new set of indicators covering almost 200 countries from the period 1996-2002 have been recognized as the most effective measurement tool across the world. These indicators focus on six dimensions which include the following:
- Voice and accountability
- Government effectiveness
- Regulatory Quality
- Rule of law
- Control of corruption
