Today marks the conclusion of the final meeting of the Global Thematic Consultation on Governance and the Post-2015 Development Framework, held in Johannesburg, South Africa.
There is no doubt that governance can be complicated. It has been subject to extensive analysis and explanation by a variety of experts, with a corresponding variety of definitions. Competing philosophies are based on not only assumptions about the intersection of economic and political management, but also the relevance of institutions to development outcomes. Measurement of such complex concept can be an awkward tool in the midst of such ambiguity.
Good institutions matter for development. Institutions enable societies to address challenges – from managing irrigation and schools systems, to raising and spending revenues. In the terms of Nobel Prize laureate Elinor Ostrom, the right institutions enable effective collective action, while poor or missing institutions hinder problem-solving.