Good Governance And Its Impact On Economic Development: A Systematic Literature Review
Marwa Khouya; Abdelhay Benabdelhadi
Journal Title:International Journal of Accounting, Finance, Auditing, Management and Economics
Good governance is a polymorphous concept that stems from economic and political science. It is used both in the context of the management of public action and in a strategic perspective of economic development. In this article, we are first interested in deconstructing the various contributions to define and reaffirm the role of "good governance" in development strategies. What is "good governance"? How does it have an impact on a country's economy?
This paper addresses the issue of causality between good governance and economic development, by examining the inter-connections between economic development and governance indicators to increase transparency and efficiency. The purpose of this article is to organize a systematic literature review in a scientific manner from data collection, through data selection, reading and finally data analysis.
The impact of good Governance in economic development differs in political system structure, governance current characteristics and contextual factors. Although outcome factors are influenced by contextual determinants, the governance characteristics are of great importance.