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The list has been cited by journalists and academics in making broad comparative points about countries or regions. [ 2 ] [ 3 ] The report uses 12 factors to determine the rating for each nation, including security threats, economic implosion, human rights violations and refugee flows.
The index's ranks are based on 15 indicators of state vulnerability, grouped by category: Cohesion, Economic, Political, and Social. [4] The ranking is a critical tool in highlighting not only the normal pressures that all states experience, but also in identifying when those pressures are outweighing a state's capacity to manage those pressures.
This term is also sometimes referred to as political risk; however, country risk is a more general term that generally refers only to risks influencing all companies operating within or involved with a particular country. Political risk analysis providers and credit rating agencies use different methodologies to assess and rate countries ...
It seems that the country's justice system is an important protector of the country against corruption, and conversely, a high level of corruption can undermine the effectiveness of the justice system.Furthermore, as noted by the United Nations Office on Drugs and Crime (UNODC), justice systems around the world are overburdened with large ...
Others reflect the views of NGOs and aid donors with considerable experience in the countries being assessed, while others are based on the assessments of commercial risk-rating agencies. A complementary vision of the macro-level Worldwide Governance Indicators are the World Bank Governance Surveys , which are country level governance ...
These countries can have significant faults in other democratic aspects, including underdeveloped political culture, low levels of participation in politics, and issues in the functioning of governance. [6] Hybrid regimes are countries with regular electoral frauds, preventing them from being fair and free democracies. These countries commonly ...
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The first was to create a World Governance Index (WGI) providing an overall picture of world governance at time T based on data obtained for the 179 countries included in the survey. The WGI combines 5 indicators, each made up of 13 sub-indicators, each of those made up of 37 indexes.