Defines the governance system of the country or the local area of business.
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The World Bank defines governance as: the manner in which power is exercised in the management of a country's economic and social resources for development. ... the traditions and institutions by which authority in a country is exercised.
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the world bank definces governance as:the manner in which power is exceeded in the management of a countrys economic and social governance has been defined as the rules of the political system to solve conflicts between actors adopt decision
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