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Good governance

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Introduction Good governance   Recently the terms "governance" and "good  governance" are being increasingly used in development literature. Bad governance is being increasingly regarded as one of the root causes of all evil within our societies. Major donors and international financial institutions are increasingly basing their aid and loans on the condition that reforms that ensure "good governance" are undertaken. This article tries to explain, as simply as possible, what "governance" and "good governance" means. Governance The concept of "governance" is not new. It is  as old as human civilization. Simply put "governance" means: the process of decision-making and the process by which decisions are implemented (or not implemented). Governance can be used in several contexts such as corporate governance, international governance, national governance and local governance. Since governance is the proce...
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OBOR

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-  March 29, 2017 Introduction  “One Belt, One Road” (OBOR) Initiative, is the name of a plan to revive and better the spirit of the old silk road and a step towards realising the prophecy of the Asian century. The OBOR consists of various mega-projects, but the main two programmes are “the Maritime Silk Road” (MSR) and the “Silk Road Economic Belt” (SREB). These were first revealed to the world in 2013, during the Chinese President Xi Jinping‟s visits to Kazakhstan and Indonesia. OBOR has a string of projects connecting the Baltic Sea with the Pacific Ocean via roads, rails and sea lanes for free trade. The OBOR has struck everyone‟s interest as the sheer enormity of the venture suggests that it is going to be a game changer not just for China, but for all the stakeholders. The approximate costs that will incur are an astronomical $21.1 trillion6and they resonate with the winds of change of prosperity, which are forecasted to propel to new zenith some 65 econo...
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Overview of MDG Targets 2 and Achievements: Nepal

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Overview of MDG Targets 2 and Achievements: Nepal MDG 1: Reducing Poverty and Hunger Nepal has made substantial progress on reducing poverty and hunger (MDG 1). Using the national poverty line, the country is now close to achieving the absolute poverty target as 23.8 percent of the population were living below the poverty line in 2014 against the 2015 target of 21 percent. The growth of agriculture, the inflow of remittances, and the wider coverage of social protection schemes has resulted in impressive poverty reduction. Absolute poverty has fallen not just nationally but across all ecological belts, development regions and social groups. The pace of recent poverty reduction in Nepal has been so pronounced that one global poverty reduction benchmarking exercise put Nepal in the 96th percentile of all available country episodes (Newman, et al, 2013). MDG 2: Achieving Universal Primary Education Nepal has made significant progress towards achieving the MDG 2 targets with:¾ the ne...
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