At the very top of this hierarchy sits the need for good governance. Hence the key characteristics of Good Governance – Accountability, Transparency, Rule of Law, Timeliness, Equity, Inclusiveness, Effectiveness – gain more importance in how people judge those elected to govern. Good governance is no longer a “luxury” issue for the academic elite. I am proud to form part of the Malta Chamber, that has been a relentless advocate for institutional reform, consistently arguing that a “well-being economy” is impossible without a foundation of good governance. Since the publication of its landmark 2020 Manifesto for Good Governance, which featured over 60 concrete recommendations, the Chamber has moved beyond general criticism to provide technical, actionable blueprints for change.