Influential governance is characterized by strong institutional performance, high legitimacy, active civic engagement, and a supportive economic environment, all of which contribute to societal well-being and development.
Social Capital: The concept of social capital links institutional quality with a culture of trust, reciprocity, and civic activism. When citizens are engaged in community affairs and public issues, it becomes easier to overcome collective action problems, reduce conflicts, and improve organizational effectiveness. This engagement promotes broad interest articulation and ensures active evaluation of institutional responsiveness.
Legitimacy: Legitimacy involves the popular acceptance of the governance of a social-technological ecosystem. It can be understood normatively, concerning the philosophical rightness of a regime, or empirically, measuring the degree of popular acceptance. High legitimacy is crucial for governance as it fosters support and compliance from citizens.
Institutional Performance: Good institutional performance is essential for eliciting support, confidence, and compliance from citizens. It is particularly important in countries undergoing transformative changes. Effective institutions enhance citizens' trust and compliance with laws, which is vital for societal stability and economic growth.
Economic Environment: The quality of governance affects economic growth through its influence on organizational hierarchy, regulatory frameworks, and law enforcement. Effective governance creates a conducive environment for capital accumulation, skill acquisition, and technological advancement, while ineffective governance can lead to corruption and economic inefficiencies.
Influential governance is characterized by strong institutional performance, high legitimacy, active civic engagement, and a supportive economic environment, all of which contribute to societal well-being and development.
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