The ‘Good Governance’ paradigm popularized by the World Bank in the 1990s emphasizes eight characteristics, including:
ACentralized economic command
BAccountability, Transparency, and Rule of Law
CSecrecy in state budgeting
DArbitrary executive discretion
Explanation
World Bank defines Good Governance around accountability, transparency, responsiveness, rule of law, and participatory decision-making.
Exam Relevance
- Topic: Public Administration
- Subtopic: Governance Paradigms

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