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Synonyms

Governance; Government; Regulation; Regulatory governance; Regulatory framework

Definition

Governance may be described as the rules and processes of decision-making that affect the way in which powers are exercised.

Regulation is the diverse set of instruments through laws, formal and informal orders, and subordinate rules by which all levels of governments use to intervene in the economy and life of their citizens.

Introduction

Regulation is placed at the important debates and discussion in public administration. It refers to a process under the rule of the government, usually in the centralized nature and in more or less independent regulatory agency. This agency makes decisions in certain conditions where there are conflicting of interests in economy and society. The idea behind the regulation is that decision-making is so complex and dynamic in today’s world; as a consequence, a specialized regulatory agency will be well equipped to perform, compared to the regular...

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Correspondence to Md Nurul Momen .

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Momen, M.N. (2019). Governance and Regulations. In: Farazmand, A. (eds) Global Encyclopedia of Public Administration, Public Policy, and Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-31816-5_1783-1

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  • DOI: https://doi.org/10.1007/978-3-319-31816-5_1783-1

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  • Print ISBN: 978-3-319-31816-5

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