The term `governance` is widespread in characterizing both global and local arrangements, especially reformed ones. Because of its strong intuitive appeal, precise definitions are seldom thought to be necessary. As a result, when we identify governanc...
The term `governance` is widespread in characterizing both global and local arrangements, especially reformed ones. Because of its strong intuitive appeal, precise definitions are seldom thought to be necessary. As a result, when we identify governance as an important factor to achieve policy or organizational objectives, it may be unclear whether the reference is to organizational structures, administrative processes, systems of incentives and rules, or administrative philosophies. Due to this ambiguity, most of administrative reforms driven by the logic of governance are likely to be more superficial than substantive. This article attempts to; (i) review various definitions of governance; (ii) discuss the logic if governance; and (iii) clarify the definition of governance, and the New Governance. The conclusions of this article are; (i) governance can be defined as an `institution of social coordination`; (ii) the New Governance is an `institution of social coordination based on the logic of co-steering and network`; (iii) the New Governance should be, and can be differentiated from various forms of new governance.