Governance is commonly defined as the exercise of power or authority by political leaders for the well-being of their country’s citizens or subjects. It is the complex process whereby some sectors of the society wield power, and enact and promulgate public policies which directly affect human and institutional interactions, and economic and social development. A great deal about governance is the proper and effective utilization of resources.
Today, governance includes three sectors: the public sector (state actors and institutions), the private sector (households and companies), and the civil society (non-governmental organizations). These three sectors are said to work hand in hand in the process of governance.