The Rise and Demise of the New Public Management, 28 10
Arising, once again, in the 1980s in the International
Finance Institutions (IFI's), this was a positive extrapolation from the negative
experiences that these organizations had had in the "developing" countries by
observing that financial aid seemed to have had no effects. From this, they deduced
an absence of institutions, principles, and structures, the entirety of which was called
"Governance" and "Good Governance" when they worked well. A good idea as
such but the provenience, the same as with NPM, may make us halt, and rightly.
(See Doornbos 2004)
By and large, the term "Governance" has by now become a more or less neutral
concept that focuses on steering mechanisms in a certain political unit, emphasizing
the interaction of state (First), business (Second), and society (Third Sector) players.
"Good Governance", on the other hand, is not at all neutral; rather, it is a normative
concept that again embodies a strong value judgment in favor of the retrenchment of
annaabi.ee 
