Nexus approach and environmental resource governance in Sub-Saharan Africa: a systematic review

Sub-Saharan Africa (SSA) is replete with significant environmental resources including forests, water, land, and energy; although its transition to a bio-resource economy is yet to be actualized. Consequently, there are limited socio-economic gains from resource valorization. These challenges which stall progress towards the attainment of several interlinked sustainable development goals, are rooted, among others in resource governance defects. Furthermore, the persistence of knowledge fragmentation on resource governance shades possibilities for an in-depth theorizing of the nexus approach. In this light, two questions beg for answers: (i) To what extent are governance indicators captured in empirical studies on the nexus approach in SSA? (ii) What questions and approaches should inform future research on the nexus approach in SSA? To answer these questions, this paper systematically reviews 100 peer-reviewed articles (with 154 cases) that address governance questions in nexus studies within the broad framework of bioeconomy transitioning in SSA. Using the PROFOR analytical framework, our analysis reveals the following: (1) Although sub-regional variations exist in the application of nexus thinking, the overall emphasis in SSA is on first-level resource transformation. (2) With only 5% of studies explicitly mentioning the nexus approach, there is a strong indication for nexus thinking to be prioritized in future research. (3) While efficiency is the most recurrent in the literature (69%), its assurance in resource nexus and transformation is insignificant. (4) Interlinked questions of equity, participation, transparency, and conflict management have not been sufficiently addressed in studies on the nexus approach. The paper suggests an urgent need for in-depth, multi-country, and interdisciplinary research on these governance parameters in the nexus approach, as prerequisite to advancing the science–policy intercourse in nexus thinking in SSA.

GOOD GOVERNANCE IN BANGLADESH: A STUDY OF WORLD GOVERNANCE INDICATORS

The inclusive philosophy of good governance is almost indispensable for the progress of state democracy in Bangladesh. However, the Bangladesh government is fighting a malicious virus in the governance structure that is visible in all sectors of the state. Against this backdrop, an attempt has been made to comprehend the general state of good governance in Bangladesh according to World Governance Indicators (WGI) of the World Bank. This study is based on mixed approach containing quantitative data from World Bank website (world economy.com) and qualitative data from existing literatures. The collected data have also been analyzed through table, chart and text. This paper found, the current situation in Bangladesh is appalling and detrimental to the socio-economic development of the country. This situation is crisscrossed by overpopulation, politicization, bureaucratization, corruption, poverty, broken law and order, and the narrow game of politics. This paper then outlines some of the policy guidelines needed to define good governance principles in Bangladesh. The results of this study are expected to be useful for policymakers in devising appropriate strategies to ensure good governance at all levels of government.

Institutional Convergence of Bulgaria to the Eurozone Countries

Institutions are one of the main factors for the economic growth and development of any economy. And insofar as development is defined as a set of economic and institutional factors, the reduction of differences in the development of individual countries and regions naturally leads us to the institutional convergence, which is the object of study. When researching the convergence of Bulgaria to the EU countries and more closely to the Eurozone, many questions arise about whether there is institutional convergence and how it can be revealed. This is the subject of analysis presented in the study. The thesis presented here is that it is possible to consider institutional convergence for Bulgaria with the countries of the Euro zone, represented by qualitative and quantitative indicators, which, however, is unstable. The methodology is based on the understanding of institutional convergence as the converging of economic and political institutions, and given the fact that they are different for each of the economies; a comparative analysis is used to study the convergence as a whole. For this purpose, the analysis of institutional quality and comparative analysis uses the main indicators of the World Bank – Worldwide Governance Indicators (WGI) and Ease of Doing Business Indicator. The results of the pre-selected criteria give grounds to find those of the observed indicators, which reveal improvement and respectively converging in the direction of institutional convergence of Bulgaria with the countries from the EU area.

Women’s Representation and Implications for Fairness, Trust, and Performance in Local Government: A Survey Experiment in Sri Lanka

How do quotas for women in Sri Lanka’s local government institutions affect key governance indicators such as perceived fairness, institutional trust, and perceived performance? These dimensions of governance are underexplored in the context of gender quota policies in patriarchal societies like that of Sri Lanka. The study hypothetically varied the quota provision for women (decrease to 10%, increase to 45%, or keep at the current 25%) in local government, and then tried to understand people’s opinions about the three governance indicators. When examining the results of the experiment (around 1,200 samples), it was found that perceived fairness, institutional trust, and perceived performance increased along with the greater quota provision. Possible mechanisms for the increases in institutional trust and perceived performance may be associated with the signal of fairness generated by the increase of quota provision for women.

Are Worldwide Governance Indicators Stable or Do They Change over Time? A Comparative Study Using Multivariate Analysis

Governance is a characteristic of political systems that indicates the degrees of cooperation and interaction between a state and non-state actors when it comes to decision making that will have an impact on society. The aim of our research focuses on analysing the behaviour of the Worldwide Governance Indicators (WGI) over the 2002–2019 period, since we are interested in learning whether such indicators varied or remained constant. Moreover, we will gain insight into the evolution of these indicators across countries in different geographical areas. The techniques we have chosen for this research are as follows: Partial Triadic Analysis, also known as X-STATIS, to highlight the stable structure of the evolution of the indicators and countries along the years by means of building an average year; Tucker3 to highlight deeper relationships among countries, indicators and years. A comparative analysis of these methods will allow us to check whether the WGI are stable over the years studied or whether they vary over time, providing information about the differences between the Worldwide Governance Indicators (WGI) in several countries or geographical areas.

Governance Trends among New EU Member States: Is There Institutional Convergence?

The main objective of this paper is to explore the institutional convergence of Central and Eastern European Union member countries as a possible consequence of both the transfer of selected Western formal institutions to those countries and the adoption of acquis communautaire. This issue dates back to the beginning of the 1990s when the predominant expectation was that the successful formal institutions in Western countries would yield the same results in transition countries. In the meantime, mainly because of informal constraints, this has shown to be a misconception in most cases. The methodology used in the paper is twofold. First, by means of descriptive statistics, and using the varieties of capitalism approach, we show that, when analysing institutional quality using the Worldwide Governance Indicators (WGI), there are two divergent groups of EU countries. The first group consists of Liberal, Nordic, and Continental countries, and the second consists of Mediterranean and CEE member states that are further divided into liberal and coordinated market economies. Second, based on the calculation of the σ- and unconditional β-convergence of governance trends in the period 1996–2019, we empirically confirm that there are also variations within the CEE countries as well as within the specific dimensions of governance.

Corporate Governance from a Cross-Country Perspective and a Comparison with Romania

This paper investigates corporate governance from a cross-country perspective and makes a comparison with Romania. There are studies that examine the corporate governance issues related to Romanian companies, but these studies provide only qualitative and descriptive accounts of the research topic, with limited cross-country analysis. The present paper complements the literature by producing a quantitative analysis of cross-country corporate governance and makes a comparison with Romania. For this purpose, a set of corporate governance indicators from a large sample of 39 advanced and developing countries was collected for the 2006–2020 period. In terms of corporate governance dimensions, it was found that Romania underperforms other developing countries in the dimensions of director liability and ownership and control, while it outperforms them in the dimensions of corporate transparency, disclosure, and shareholder rights. The results indicate that the stagnant corporate governance scores and the low development level of stock markets stand out as important business challenges for the country. The correlation and regression analyses show that stock market development is closely associated with corporate governance dimensions and, overall, corporate governance scores matter greatly for the economic growth of countries, such as Romania, which can benefit greatly from the improvement of corporate governance codes and practices in the private sector.

Is Digital Government Advancing Sustainable Governance? A Study of OECD/EU Countries

International bodies and numerous authors advocate a key role for Digital Government (DG) in improving public governance and achieving other policy outcomes. Today, a particularly relevant outcome is advancing Sustainable Governance (SG), i.e., the capacity to steer and coordinate public action towards sustainable development. This article performs an empirical study of the relationship between DG and SG using data about 41 OECD/EU countries from the United Nations’ E-Government Survey and the Bertelsmann’s Sustainable Governance Indicators project, covering the period from 2014 to 2020. We examine if DG progress pairs with SG progress, apply a DEA model to find out which countries are efficient in using DG for better SG, and uncover cases of imbalance where high DG pairs with poor SG and vice versa. The results show that the efficiency in using DG for SG strongly varies, and that some DG leaders persistently fail to advance or even regress their SG. These findings refute the claims about the benign role of DG and points at democracy as the “weak link” in the analyzed relation.

Nexus between Governance Indicators & Sustainable Stock Market Development in Pakistan: Evidences from Symmetric and Asymmetric Analysis

The hidden non-linear association between governance indicators & stock market development (SMD) of Pakistan has been scrutinized in this study by using two comparative co-integrating techniques known as ARDL (Auto-regressive Distributed Lag) & NARDL (Non-linear ARDL). Empirical evidence suggests that misrepresented inferences arise by ignoring hidden non-linearity nexus between the variables. The ARDL results indicate that political stability & absence of violence/terrorism does not impact directly the SMD of Pakistan. Voice & accountability positively and significantly impact SMD, but rule of law does not impact SMD of Pakistan directly. The regulatory quality is highly significant and negatively impacts SMD. Contrarily, the NARDL frame indicates significant differences amid coefficients of components of governance index, denoting asymmetric links between variables. The Positive & Negative sums of partial decompositions of Rule of Law, Regulatory Quality, Political Stability & Absence of Violence/Terrorism (PS&AVT), and Voice & Accountability (V&A) significantly impact SMD. The impact of partial Negative multipliers of Regulatory Quality, and PS&AVT has a highly significant and negative impact, while V&A has a significant and positive impact on SMD. The impact of Positive partial multipliers of all variables is positive and significant except V&A. The comparative diagnostics extricate precariousness in policy moratorium. This study will add credence to the predictive power of governance indicators towards SMD of Pakistan by incorporating Positive and Negative decomposed multipliers.