ABSTRACT
The need for creating an enabling environment for economic development is a subject which has long been on national and international agendas. Development is associated with economic growth and stability, and the enabling environment is one which facilities these two objectives. Good governance has been stressed as one of the crucial factors in economic management. Good governance should also pay attention to the provision of proper market-supporting infrastructure and services by both public and private sectors. Development and growth are powerfully affected by the way in which governments deal with other powerful elements in civil society, such as labour and trade unions, non-governmental organizations, and single-issue special interest groups whose particular interests no longer respect national borders. By and large, except in the few large countries of the world, most developing countries need to pursue foreign policies compatible with their development and trading interests. Governments need to pursue policies which enhance and maintain national competitiveness in an increasingly integrated world.
