Good governance

epa03644178 A businessman uses a tablet computer at a park in Tokyo, Japan, 29 March 2013. Japan's unemployment rate edged up by 0.1 percentage points to 4.3 per cent in February 2013, the government said 29 March 2013. The number of unemployed people dropped by 120,000 from a year earlier to 2.77 million, falling year-on-year for the 33rd consecutive month, the Ministry of Internal Affairs and Communications said. EPA/KIYOSHI OTA

Honesty, accountability and openness to the public are guarantees for governance without abuse and corruption, with full respect for the rule of law. Although a single definition of good governance does not exist, the principles on which good governance rests are identical to the public, business and nonprofit sectors. What is good governance? Good governance…