Publication:
The Worldwide Governance Indicators: Methodology and 2024 Update

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dc.contributor.authorKaufmann, Daniel
dc.contributor.authorKraay, Aart
dc.date.accessioned2024-11-07T18:38:28Z
dc.date.available2024-11-07T18:38:28Z
dc.date.issued2024-11-07
dc.description.abstractThis paper provides an overview of the data sources and aggregation methodology for the Worldwide Governance Indicators (WGI). The WGI report six aggregate governance indicators measuring Voice and Accountability, Political Stability and Absence of Violence/Terrorism, Government Effectiveness, Regulatory Quality, Rule of Law, and Control of Corruption in a sample of 214 economies over the period 1996–2023. The aggregate indicators combine information from 35 different existing data sources, capturing subjective perceptions of the quality of various dimensions of governance reported by experts and survey respondents worldwide. The paper briefly discusses how to use reported margins of error when interpreting cross-country and over-time differences in the aggregate indicators. The paper also updates and extends earlier analysis on three key issues relating to the WGI methodology: (a) the effect of correlated perception errors, (b) the robustness of the aggregate indicators to alternative weighting schemes, and (c) the existence on trends in global averages of governance.en
dc.identifierhttp://documents.worldbank.org/curated/en/099005210162424110/IDU17c6f0b9e1f0c214b1d1b30d176c4644af69e
dc.identifier.doi10.1596/1813-9450-10952
dc.identifier.urihttps://hdl.handle.net/10986/42373
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesPolicy Research Working Paper; 10952
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/
dc.subjectDECENT WORK AND ECONOMIC GROWTH
dc.subjectSDG 8
dc.subjectPEACE, JUSTICE AND STRONG INSTITUTIONS
dc.subjectSDG 16
dc.titleThe Worldwide Governance Indicatorsen
dc.title.subtitleMethodology and 2024 Updateen
dc.typeWorking Paper
dspace.entity.typePublication
okr.associatedcontenthttps://reproducibility.worldbank.org/index.php/catalog/195 Link to reproducibility package
okr.crossref.titleThe Worldwide Governance Indicators: Methodology and 2024 Update
okr.date.disclosure2024-11-07
okr.date.lastmodified2024-11-05T00:00:00Zen
okr.doctypePolicy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099005210162424110/IDU17c6f0b9e1f0c214b1d1b30d176c4644af69e
okr.guid099005210162424110
okr.identifier.docmidIDU-7c6f0b9e-f0c2-4b1d-b30d-76c4644af69e
okr.identifier.doi10.1596/1813-9450-10952
okr.identifier.doihttps://doi.org/10.1596/1813-9450-10952
okr.identifier.externaldocumentum34417721
okr.identifier.internaldocumentum34417721
okr.identifier.reportWPS10952
okr.import.id5713
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099005210162424110/pdf/IDU17c6f0b9e1f0c214b1d1b30d176c4644af69e.pdfen
okr.region.geographicalWorld
okr.topicGovernance::Governance Indicators
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Macroeconomic Management
okr.unitPeople - Chief Economist Office (GGHCE)
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relation.isAuthorOfPublication.latestForDiscoveryfe7bc90f-4a13-5746-9efb-e11d3386cdf8
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