Factors Affecting Good Governance in Pakistan Essay

5801 Words Feb 10th, 2011 24 Pages
European Journal of Scientific Research ISSN 1450-216X Vol.35 No.3 (2009), pp.337-346 © EuroJournals Publishing, Inc. 2009 http://www.eurojournals.com/ejsr.htm

Factors Affecting Good Governance in Pakistan: An Empirical Analysis
Imran Sharif Chaudhry Associate Professor, Department of Economics Bahauddin Zakariya University Multan, Pakistan E-mail: imranchaudhry@bzu.edu.pk Shahnawaz Malik Professor and Chairman, Department of Economics Bahauddin Zakariya University Multan, Pakistan E-mail: shahnawazmalik@bzu.edu.pk Khurram Nawaz Khan PhD Scholar, Department of Economics Bahauddin Zakariya University Multan, Pakistan Sohail Rasool PhD Scholar, Department of Economics Bahauddin Zakariya University Multan, Pakistan Abstract Good
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By helping residents to overcome combined action problems, trust and membership in voluntary associations are recognized as important factors in building the basis for responsive governance (Putnam 1993, 2000). World Bank has described the concept of good governance in various dimensions such as rule of law, government effectiveness, regulatory quality and control of corruption. These dimensions cover the whole society and economic sectors of the economies. As a matter of fact, this study will locate the variables that have more effect on these dimensions. Governance has engaged all concerns of society and economic operators for economic development but it is also considered as a fundamental element to be incorporated in the development strategy. Nonetheless, having its importance, differences also exist in respect of hypothetical formulations, policy prescriptions and conceptualization of the subject itself. Researchers have different ideology convictions due to which its formulation differs in different areas. Policy analysis stand empirically on the historical research of governance gives distinction to government failures to deliver, leading to propositions for downsizing or rightsizing, while policy prescriptions for good governance take an evolutionary observation of the matter questioning relevance of public sector management of certain activities in a changed context. Good governance is the term that symbolizes the paradigm shift of the role of

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