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Government effectiveness index

World Bank measure of government quality

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Through World Bank Group and Correlation

The World Bank releases the government effectiveness index as one of six worldwide governance indicators. The others are voice and accountability, political stability, regulatory quality, the rule of law, and control of corruption. Daniel Kaufmann of the Natural Resource Governance Institute and Aart Kraay of the World Bank Development Research Group produce these indexes. They consider these six indexes as dimensions of governance.

Methodology

The government effectiveness index makes use of 47 variables. These variables span a range from the quality of bureaucracy to the infrastructure for the distribution of goods and services. They come from 32 different sources, including the African Development Bank and the Global Insight Business Conditions and Risk Indicators. These variables undergo rescaling and are then combined using the unobserved components model.

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