Governance Matters VIII : Aggregate and Individual Governance Indicators 1996–2008

This paper reports on the 2009 update of the Worldwide Governance Indicators (WGI) research project, covering 212 countries and territories and measuring six dimensions of governance between 1996 and 2008: Voice and Accountability, Political Stability and Absence of Violence/Terrorism, Government Effectiveness, Regulatory Quality, Rule of Law, and Control of Corruption. These aggregate indicators are based on hundreds of specific and disaggregated individual variables measuring various dimensions of governance, taken from 35 data sources provided by 33 different organizations. The data reflect the views on governance of public sector, private sector and NGO experts, as well as thousands of citizen and firm survey respondents worldwide. The authors also explicitly report the margins of error accompanying each country estimate. These reflect the inherent difficulties in measuring governance using any kind of data. They find that even after taking margins of error into account, the WGI permit meaningful cross-country comparisons as well as monitoring progress over time. The aggregate indicators, together with the disaggregated underlying indicators, are available at www.govindicators.org.

Bibliographic Details

Main Authors:	Kaufmann, Daniel, Kraay, Aart, Mastruzzi, Massimo
Language:	English
Published:	2009-06-01
Subjects:	ACCOUNTABILITY, ACCOUNTABILITY MEASURE, ACCOUNTING, ADB, AGGREGATE GOVERNANCE, AGGREGATE GOVERNANCE INDICATORS, AGGREGATE INDICATOR, AGGREGATE INDICATORS, AGGREGATING GOVERNANCE INDICATORS, AGGREGATION METHODOLOGY, AGGREGATION PROCEDURE, ANTICORRUPTION, AUTHORITY, BANKS, BRIBE, BUDGET MANAGEMENT, BURDEN OF REGULATIONS, BUSINESS ENVIRONMENT, BUSINESS ENVIRONMENT SURVEYS, CITIZEN, CITIZENS, CIVIL SERVICE, COMMERCIAL RISK RATING AGENCIES, COMPARISONS OF GOVERNANCE, COMPOSITE GOVERNANCE INDICATORS, COMPOSITE INDICATORS, CONFIDENCE, CONSEQUENCES OF GOVERNANCE, CONTRACT ENFORCEMENT, CONTROL OF CORRUPTION, CORRUPT, CORRUPTION, CORRUPTION INDICATOR, CORRUPTION PERCEPTIONS, CORRUPTION PERCEPTIONS INDEX, COUNTRY COMPARISONS, COUNTRY COVERAGE, COUNTRY ESTIMATE, COUNTRY RATINGS, COUNTRY RISK GUIDE, COUNTRY RISK SERVICE, CPI, CRIME, DATA AVAILABILITY, DEBT, DEMOCRACY, DIMENSION OF GOVERNANCE, DIMENSIONS OF GOVERNANCE, DOMESTIC FIRMS, EMPLOYMENT, ETHICS, EXCHANGE OF IDEAS, EXCHANGE RATE, EXCHANGE RATE POLICY, FINANCIAL MANAGEMENT, FINANCIAL PERFORMANCE, GOVERNANCE CHALLENGES, GOVERNANCE COMPONENT, GOVERNANCE DATA, GOVERNANCE ESTIMATE, GOVERNANCE ESTIMATES, GOVERNANCE INDEX, GOVERNANCE INDICATOR, GOVERNANCE INDICATORS, GOVERNANCE PERCEPTIONS, GOVERNANCE PERFORMANCE, GOVERNANCE QUALITY, GOVERNANCE RATING, GOVERNANCE REFORMS, GOVERNMENT EFFECTIVENESS, GOVERNMENT OFFICIALS, GOVERNMENTAL ORGANIZATION, HUMAN RIGHTS, IMPROVEMENTS IN GOVERNANCE, INITIATIVE, INSTITUTIONAL PERFORMANCE, INSTITUTIONAL QUALITY, INTEGRITY, INTERNAL ASSESSMENTS, INTERNATIONAL DEVELOPMENT, INVESTMENT CLIMATE, JUDICIARY, LABOR MARKET, LAWS, LEVELS OF GOVERNANCE, MACROECONOMICS, MEASUREMENT ERROR, MEASURING GOVERNANCE, MEDIA, MINISTRY OF FINANCE, MULTILATERAL DEVELOPMENT BANKS, NONGOVERNMENTAL ORGANIZATIONS, OPERATIONAL RISK, ORGANIZED CRIME, PARLIAMENT, PERCEPTIONS INDEX, POLICE, POLICY ADVICE, POLICY RESEARCH, POLITICAL ECONOMIC RISK, POLITICAL RISK, POLITICAL STABILITY, PRIVATE GAIN, PRIVATE SECTOR DEVELOPMENT, PROPERTY RIGHTS, PUBLIC ADMINISTRATION, PUBLIC EXPENDITURES, PUBLIC POWER, PUBLIC SECTOR, PUBLIC SERVICES, PUBLIC SPENDING, PUBLIC-SECTOR, QUALITY OF GOVERNANCE, QUALITY OF PUBLIC, REGULATORY QUALITY, RESOURCE ALLOCATION, RULE OF LAW, SOCIAL INTERACTIONS, STATISTICAL METHODOLOGY, TERRORISM, TRADE POLICY, TRANSITION ECONOMIES, TRANSPARENCY, UNOBSERVED COMPONENTS MODEL, UNOBSERVED GOVERNANCE, VIOLENCE, VOTING, WORLDWIDE GOVERNANCE INDICATORS,
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090629095443 https://hdl.handle.net/10986/4170
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