Governance: the traditions & institutions by which
authority is exercised. This includes:
1. The process by which those in authority are selected and The process by which those in authority are selected and
replaced
• VOICE & ACCOUNTABILITY;
• POLITICAL STABILITY & ABSENCE OF VIOLENCE
2. The capacity of government to formulate and implement
policies
• GOVERNMENT EFFECTIVENESS
• REG OQ ULAT RY QUALITY
3. The respect of citizens and state for institutions that govern
interactions among them
• RULE OF LAW RULE OF LAW,
• CONTROL OF CORRUPTION