Posts tagged ‘Govt’

Worldwide Governance Indicators

World bank on a yearly basis publish Governance Indicators which are based on the process by which governments are selected, monitored and replaced, the capacity of the government to effectively formulate and implement sound policies, and the respect of citizens and the state for the institutions that govern economic and social interactions among them.

The WGI measure six broad dimensions of governance:

1. Voice and Accountability (VA) – capturing perceptions of the extent to which a country’s citizens are able to participate in selecting their government, as well as freedom of expression, freedom of association, and a free media.

2.  Political Stability and Absence of Violence/Terrorism (PV) – capturing perceptions of the likelihood that the government will be destabilized or overthrown by unconstitutional or violent means, including politically-motivated violence and terrorism.

3.  Government Effectiveness (GE) – capturing perceptions of the quality of public services, the quality of the civil service and the degree of its independence from political pressures, the quality of policy formulation and implementation, and the credibility of the government’s commitment to such policies.

4.  Regulatory Quality (RQ) – capturing perceptions of the ability of the government to formulate and implement sound policies and regulations that permit and promote private sector development.

5.  Rule of Law (RL) – capturing perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence.

6.  Control of Corruption (CC) – capturing perceptions of the extent to which public power is exercised for private gain, including both petty and grand forms of corruption, as well as “capture” of the state by elites and private interests.

The can be some margin of error as the data is based on confidence levels.

Below is a Demo

Conclusion (based on above diagram):

  •  From 2008-2010 we haven’t seen any improvement as far as accountability is concerned.
  • Low percentile from 2009 says that may be UPA-2 is not a stable Govt.
  • We are far behind in terms of Govt. Effectiveness withy ~55%ile. UK, Germany and USA are in the top list with ~90%ile.
  • Our Regulatory Quality have been deteriorating from 2008.
  • There has been a deep drop which clearly signifies inability to control Corruption.

One can also compare India with other nations in terms of above six dimensions

Below is the Govt. Effectiveness of top 10 (by GDP) Economies

Start Here

Charts above are based on 95% confidence level.

Above note is a result of publicly available information!!

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