The Black Sea Trust for Regional Cooperation (BST)

Terms

We provide here some more explanations about the terms ‘governance’ and ‘good governance’. Exercising power and decision-making for a group of people is called governance. It happens everywhere – from urban centres to rural villages – and the well-being of a community depends on the choices made by people granted this authority. Because of the diversity of organizational structures around the world, people such as land lords, heads of associations, cooperatives, NGOs, religious leaders, political parties and of course, government are all actors granted the power to govern.