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Public AffairsPublic AdministrationPublic GovernanceBudget TransparencyCommunity GovernanceResource GovernanceAccountabilityAnti-corruption GovernanceDevelopment GovernanceEconomic GovernanceGovernance FrameworksGovernment TransparencyAccountability In Public AdministrationGovernanceGovernance TheoryPolitical Economy Of GovernancePoverty Alleviation PolicySustainable Economic Growth
Governance is the way in which public power and authority is formed and used to control and manage society's resources. Good governance rests on four pillars: (a) accountability, meaning that public officials can be called to task for their actions; (b) transparency, meaning that relevant information is accessible at low-cost; (c) predictability, meaning that policies, laws and regulations are clear, know in advance and are uniformly and effectively enforced; and (d) participation, meaning that the public is consulted on government actions that affect them. Cambodia's the new government is keenly aware of the need to improve macroeconomic policies, mobilize resources for investment, rationalize expenditures and address governance problems as a way of starting the country down a path towards sustainable growth. The Royal Government of Cambodia has placed good governance as the cornerstone of its development agenda for poverty alleviation and sustainable economic development with equity.