More often than not, rich countries state that they’ll only give aid to countries with ‘good governance,’ whatever that means. To me it seems like a vague term, nonetheless this vague term is now more vaguely applied – and that’s a good thing!
The World Bank, which itself suffers from not-so-good governance, has released a report saying that good governance is on the rise and corruption is on its way out in developing nations. This means that more nations are qualified to receive more aid if they want to.
Reflecting on the report’s findings, Kaufmann added: “The good news is that some countries, including the poorest ones in Africa, are showing to the world that it is possible to make substantial inroads to improve governance.”