Good Governance and the Global Economic Crises: A New Opportunity for UNDP? Comparing WB and UNDP Good Governance Rhetoric

Author(s):  
Tor Halvorsen
2021 ◽  
Vol 6 (01) ◽  
pp. 83-97
Author(s):  
Winata Wira ◽  
Yudhanto Satyagraha Adiputra

Lessons from recurring economic crises have been of particular concern to the Islamic world. Mostly Islamic countries are of middle and low-income economies that they had been inevitably suffered from extensively negative consequences caused by economic crisis such as  drastic decline in welfare. The accumulation of under-performance institution and complexity of the prevailing socio-economic problems have made recovery efforts either harder steps to take or even further distances to approach merely the pre-crisis level. Using analysis based on Islamic perspective, this paper seeks to explore on economic crises, welfare and hope for good governance would be as a fundamental resilience in times of crisis. From the elaboration of literature review which encompasses thoughts of a number of Islamic economic thinkers as well as empirical studies, Islamic countries should take all determination in good governance reform as it is directed by Islamic teaching to safeguard intact welfare of the Islamic notion of which consists of ad-din (religion), al-maal (wealths), al-aql (intellect), an-nafs (life), and  an-nasl (posterity).  


2018 ◽  
Vol 54 (4) ◽  
pp. 715-744 ◽  
Author(s):  
David Delfs Erbo Andersen ◽  
Suthan Krishnarajan

Why do economic crises sometimes lead to democratic breakdown and sometimes not? To answer this question, we bring in a new conditioning factor. We propose that bureaucracies of higher quality – implying more competent, efficient and autonomous employees – to a greater extent shield the masses from impoverishment and unjust distribution of resources. This dampens anti-regime mass mobilization, which decreases elite incentives and opportunities for toppling the democratic regime. Statistical analyses of democracies globally from 1903 to 2010 corroborate that the impact of economic crises on the risk of democratic breakdown is suppressed when democracies have a bureaucracy of higher quality. The results are robust to alternative model specifications, including a battery of ‘good governance’ indicators. The effect of bureaucratic quality is not driven by bureaucracies’ ability to hinder crisis onset or shorten crisis duration but rather their ability to decrease domestic upheavals during crises.


Author(s):  
Darius Ornston

The small, open economies of Nordic Europe are hailed as paragons of good governance, adapting flexibly to rapid, technological change and shifting patterns of economic competition. But they have also made strikingly poor policy choices and suffered devastating economic crises, as evidenced by the Finnish and Swedish banking crises of the early 1990s, Finnish dependence on Nokia, and Iceland's financial meltdown. Good Governance Gone Bad argues that the reasons for these two, seemingly contradictory phenomena is one and the same. The dense, cohesive relationships that enable these countries to adapt to economic crises with radical reform and restructuring render them vulnerable to policy overshooting and overinvestment. After examining the rise and decline of heavy industry in postwar Sweden, the emergence and disruption of the Finnish ICT industry, and Iceland's impressive but short-lived reign as a financial powerhouse, this book tests the argument against ten similar and contrasting cases in Europe and North America. In doing so, it demonstrates how small and large states alike can learn from the Nordic experience.


2021 ◽  
Vol 1 (1) ◽  
pp. 01-13
Author(s):  
MUHAMMAD MUCHLAS ROWI

The application of the principles of Good Corporate Governance was suppressed after economic crises in various countries in the 1990s. When observing the major financial scandals that were exposed, the public began to question the performance of the big companies involved in this scandal which went against the principles of Good Corporate Governance regarding accountability, equity, integrity, transparancy and responsibility. PT Jamkrindo is a state-owned company engaged in underwriting with program and nonprogram products. PT Jamkrindo is here to participate in elevating MSME-K actors to become more independent, develop and advance. PT Jamkrindo must implement good governance or Good Corporate Governance. This is important because so far MSMEs are not considered to need good corporate governance. Even though MSMEs contribute greatly to the Indonesian economy


2020 ◽  
Author(s):  
Jessica Nguyen ◽  
Tue Dinh ◽  
Marcus Selart

In this paper, we uncover the relationships among social trust, corruption and the duration of economic crises. Our theoretical foundation is based on a collection of studies from different academic fields, especially political science, sociology and economics. We corroborate our arguments with both descriptive analysis and regression analysis of secondary data. Our dataset includes 11,364 observations distributed across 211 countries. The quantitative findings show that social trust is correlated with the duration of economic crises. Connecting our theoretical stance with the empirical evidence, we propose several possible explanations for the findings and provide both theoretical and practical implications.


Author(s):  
Darius Ornston

This chapter resolves the “Nordic paradox” by turning to the literature on small states. It begins with the unusually cohesive and encompassing social networks that characterize the Nordic states and explain how these social structures support effective policymaking and successful economic adjustment. More specifically, I illustrate how dense, high-trust relationships facilitate reform and restructuring through three mechanisms, the politics of persuasion, the politics of compensation, and the politics of coordination. At the same time, these dynamic forces increase the region's vulnerability to policy overshooting, overinvestment, and economic crises.


2019 ◽  
Vol 15 (1) ◽  
Author(s):  
Dodi Faedlulloh ◽  
Fetty Wiyani

This paper aimed to explain public financial governance based on good governance implementation in Jakarta Provincial Government. This paper specifically discussed towards transparancy implementation of local budget (APBD) through open data portal that publishes budget data to public. In general, financial transparency through open data has met Transparency 2.0 standards, namely the existence of encompassing, one-stop, one-click budget accountability and accessibility. But there are indeed some shortcomings that are still a concern in order to continue to maintain commitment to the principle of transparency, namely by updating data through consistent data visualization.Transparency of public finance needs to continue to be developed and improved through various innovations to maintain public trust in the government.Keywords: Public Finance, Open Data, Transparency


2018 ◽  
Vol 13 (1) ◽  
Author(s):  
Kurnia Ningsih

One important principles of good governance in public services is public participation. since good governance is a conception of a clean, democratic, and effective governmental administration, it regulate a synergistic and constructive relationship between the government, private business world and society. This research combines both quantitative and qualitative methods as mixed methods. Based on simple linear regression analysis results, it is found that technological training, participation in law and government, financial governance and assets and development of managerial values have a significant positive effect on implementation of good governance. The advice in this research is the application of technology training should be done effectively, with technological training to the employees themselves, especially in the use of computerization and internet in order to achieve tujuan that want to be achieved by trade and industry service.Keywords:good governance, technology training, participation in law and government


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