Ethics Process by which we clarify right and wrong and act on what we take to be right.
Globalization The rise in the interconnection and interdependence of economic and cultural activity on an international scale.
Good governance A system of governance that is accountable, creates trust, promotes broadly shared values, is based on effective leadership, constructs rules and standards for orderly conduct and progressive social behavior, and is based on new and modified political and administrative forms.
Governance The process of administering processes and systems, leading and managing, and making decisions on behalf of a group, organization, nation-state, or other entity.
Governance is what government does.
Moral leadership Making governing decisions based on fairness and ethical considerations rather than personal, political, or financial concerns.
New Public Service A focus on building public institutions marked by integrity and responsiveness that serve and empower citizens by integrating citizen discourse and the public interest into the decision-making processes.
Subprime mortgage A type of mortgage made available to borrowers with lower credit ratings. It carries a higher interest rate because the borrower is considered to have a higher risk of defaulting on the loan.
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