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Taiwan does have a newer participatory governance system that is getting more traction.
He said a new BBC governance system that mirrors Channel 4's should be put in place.
McLaughlin, for his part, said he does not want to recruit a replacement for Healy until he restructures the governance system that keeps undermining Red Cross presidents.
What most public companies lack, and what institutions must work to create, is a governance system that provides effective monitoring of and checks on managerial authority.
Despite its size, it has developed an articulated metropolitan governance system that responds to its specific economic, environmental and social challenges, with one of the most sophisticated and efficient integrated public transport systems in the world.
It's simply that widely dispersed short-term shareholders are unlikely to know better and a governance system that relies on them to keep corporations on the straight and narrow is doomed to fail.
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State and local governments have the ability to innovate new water governance systems that ensure safe and affordable drinking water and infrastructure health.
Nevertheless, governance systems that primarily rely on personal empathy and imagination are fundamentally unsatisfactory.
"It is appropriate that the UK continues to support international research in this area including the possibility of considering the types of global governance systems that would be needed for geo-engineering," he said.
For both, these are made up of the fixed costs of keeping the system running say, training and paying judges, regulators and auditors and incremental costs, such as the effort and expense of signing one more contract, sealing one more transaction, and so on.Developed economies have rules-based governance systems that incur enormous fixed but negligible incremental costs.
This paper illustrates the difficulties in forging governance systems that have the capacity and the vision to be able to put sustainable development concepts into practice, even when a coherent package of planning measures are tried out, given a policy setting that is confused, contradictory, and where the "status quo" tends to be given prominence.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com