The document discusses the evolution of concepts in public management from bureaucratic systems to new public management to current good governance principles. It outlines the shortcomings of traditional bureaucracy and welfare states that led to new public management focused on efficiency. However, this created dissatisfaction by cutting social programs. Good governance emerged as a new synthesis, seeking sustainable growth, efficient public sectors that also satisfy citizens and promote social welfare through principles like transparency, accountability and citizen participation. The document argues good governance has now become a global standard for modern public administration.