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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.
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]
Global Peace Index 2023. Countries appearing with a deeper shade of green are ranked as more peaceful, countries appearing more red are ranked as more violent. [1] Global Peace Index (GPI) is a report produced by the Australia-based NGO Institute for Economics & Peace (IEP) which measures the relative position of nations' and regions ...
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 FTSE4Good Index Series is a series of ethical investment stock market indices launched in 2001 by the FTSE Group [1] which reports on the performance of companies which demonstrate "strong Environmental, Social and Governance practices". [2]
Compared to other measures of democracy (such as the Polity data series and Freedom House's Freedom in the World), the V-Dem Institute's measures of democracy are more granular [4] and 2020 included "more than 470 indicators, 82 mid-level indices, and 5 high-level indices covering 202 polities from the period of 1789–2019". [4]
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: Science and Technology; Culture; International Peace and Security; World Order; Planet and Climate; Prosperity and Equality
Democracy indices are quantitative and comparative assessments of the state of democracy [1] for different countries according to various definitions of democracy. [2]The democracy indices differ in whether they are categorical, such as classifying countries into democracies, hybrid regimes, and autocracies, [3] [4] or continuous values. [5]