The Failure of Good Governance: How it led to the Financial Crisis

Posted on 31. Dec, 2008 by Jia En Teo.

The concept of good governance has typically been used in development economics as a way to describe the system of aid-recipient countries – developing economies. The recent economic crisis has brought this concept into light in developed economies where governance, both public and private, has been assumed to be sound. Euphemistically put, the unfolding of [...]

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