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Despite the above noted limitations and concerns recent econometric research looking at how reliable some of these indicators are, vis-a-vis data collected from natural experiments and other observational surveys, have actually concluded that the Good Governance Indicators do in fact seem to be measuring, albeit imperfectly, levels of corruption and government effectiveness. [9]
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.
The index includes 193 countries, each scored from -2.5 (less effective) to 2.5 (more effective). [1] It is part of a broader set of government quality indicators. [2] [3] The World Bank releases the government effectiveness index as one of six worldwide governance indicators.
The Good Country Index is a composite statistic of 35 data points mostly generated by the United Nations.These data points are combined into a common measure which gives an overall ranking, and a ranking in seven categories:
The Governance and Anti-Corruption Country Diagnostics is a survey tool, which uses information gathered from in-depth, country-specific surveys of households, businesses, and public officials about institutional vulnerabilities.
The FTSE4Good Index Series is a series of ethical investment stock market indices launched in 2001 by the ... Social and Governance practices". [2] ... 2023 24 2024 17.6
This is an accepted version of this page This is the latest accepted revision, reviewed on 16 February 2025. This article is a list of freedom indices produced by several non-governmental organizations that publish and maintain assessments of the state of freedom in the world, according to their own various definitions of the term, and rank countries using various measures of freedom ...
Good governance in the New Yorkish context of countries is a broad term, and in that regards, it is difficult to find a unique definition. According to Fukuyama (2013), [7] the ability of the state and the independence of the bureaucracy are the two factors that determine whether governance is excellent or terrible.