Governance
Governance refers to the process of decision-making and the exercise of authority within a society or organization. It encompasses the systems and mechanisms by which power is exercised, decisions are made, and policies are implemented. Governance can be applied to various levels of society, including local, national, and global levels. Governance can take various forms, such as democratic or authoritarian, centralized or decentralized, and formal or informal. Democratic governance is based on the principles of democracy, such as representation, participation, and accountability, while authoritarian governance is characterized by the concentration of power in the hands of a small elite or a single leader. Centralized governance refers to a system in which the central government holds most of the decision-making power, while decentralized governance refers to a system in which power is distributed among different levels of government or among different stakeholders. Formal governance re…
