Introduction
Former UN Secretary-General Kofi Annan mentioned about the indivisibility of good governance and sustainable development (cited in BMZ, n.d.). I think this means that good governance together with eradication of corruption is closely tied with economic performance. It is hard to object that economic advancement can hardly exist if the country suffers from bureaucracy and bribery. Moreover, if there is no legislative base and policies adopted by the government are not sufficient to support economic processes in the country, this country is deemed to experience poor economic growth. Scholars argue whether achieving good governance and eradication of any kind of corruption lead to achieving economic advancement and whether the latter can be possible with bribes and no proper laws. My point is that economic development, good governance and eradication of corruption are so interrelated that one of them makes possible the others. Thus I agree that absence of corruption and good governance are preconditions for continuing economic advancement.
