Minimum government, maximum governance
Minimum government, maximum governance and steps to achieve it.
Minimum government, maximum governance and steps to achieve it.
Minimum Government, Maximum Governance:
Optimizing government ownership of assets, employment levels, control over institutions, regulations, and other processes is what is meant by Minimum Government. To effectively translate policy into practise, these should be improved.
A transparent, stable, and liberal policy regime can be used to achieve Maximum Governance, which entails the essential and effective regulation of institutions in the public interest, the promotion and nurturing of a development-friendly environment, and the efficient coordination of various players.
Steps to Achieve Minimum Government, Maximum Governance:
What can be done? – Government should do less in areas where the market works (or can work) and should do more in those areas where the market can’t be relied upon. These areas are:
Steps required to achieve minimum government and maximum governance with respect to the various types of Government Interaction:
The goal of minimum government and maximum governance in the twenty-first century is to close the gap between promise and performance as well as between the governor and the governed. Strong institutions, knowledge, technology, and skill are necessary prerequisite to achieve this.