Since the launch of the ‘good governance’ discourse, it has been striking to see how in virtually no time the term ‘governance’, retrieved from a lingering, obscure existence, became a household word figuring on top of the list of concerns of aid agencies, governments, researchers and the media. Albeit, it rapidly appealed to the imagination of analysts as well as practitioners and became a focal point for intellectual as well as for policy discourses.
It is evident that even as far as the literature on good governance discourse is concerned, one finds two well-established bodies of literature; democratization literature and development literature. Scholars in the first camp frequently focus on the relationship between democracy and economic performance; whereas researchers adhering to the second camp often attempt to establish the link between good governance and sustainable economic and social development. However, both groups fall short of systematically linking the effect of democracy on good governance.