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Debunking Myths about Governance and Corruption Lessons from World...

By: Daniel Kaufmann

Economics

Tenet # 8: Challenging the previous 7 ?popular notions? 1. Data Matters -- on Governance & Institutions: while ?sensitive?, & margins of error (not uniquely) ? data can be gathered, analyzed, and used judiciously -- 2. Expanding Beyond the Washington Consensus-- Adding to the Macro and the Structural?/Sectoral: Institutions, Governance and Corruption Matters -- 3. On Average: stagnation on Governance, and level is low -- Has it become a binding constraint nowadays? -- 4....

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Debunking Myths about Governance and Corruption Lessons from World...

By: Daniel Kaufmann

Economics

Challenging Convention ? key tenets 1. Good Governance = Anti-Corruption -- 2. Governance Measurement Skepticism -- Unmeasurable, or, -- Measurable, but so imprecise that it is not useful, or, -- Measurable, but only through ?Objective? Indicators -- Cannot Assess Trends: Unreliable or No Time Series -- 3. Some evidence: Governance has improved globally? -- 4. Good Governance: outcome of development and growth? ? & emerging economies are corrupt?? -- 5. The trouble with ...

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Debunking Myths about Governance and Corruption Lessons from World...

By: Daniel Kaufmann

Economics

Governance Data -- Data on governance from 37 different sources constructed by 31 different organizations -- Data sources include cross-country surveys of firms, commercial risk-rating agencies, think-tanks, government agencies, international organizations, etc. -- 352 proxies for all dimensions of governance -- Organize these measures into six clusters corresponding to definition of governance, for five periods: 1996, 1998, 2000, 2002, 2004...

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Debunking Myths about Governance and Corruption Lessons from World...

By: Daniel Kaufmann

Economics

Six Dimensions of Governance -- The process by which those in authority are selected and replaced -- VOICE AND ACCOUNTABILITY -- POLITICAL STABILITY & ABSENCE OF VIOLENCE/TERRORISM -- The capacity of government to formulate and implement policies -- GOVERNMENT EFFECTIVENESS -- REGULATORY QUALITY -- The respect of citizens and state for institutions that govern interactions among them -- RULE OF LAW -- CONTROL OF CORRUPTION Governance as the set of traditions and institut...

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Daniel Kaufmann Special Plenary Presentation, Given at the Global ...

By: Daniel Kaufmann

Economics

In his presentation, which was based on the most recent findings and analysis of corruption and governance worldwide, Daniel Kaufmann called for an ?Era of Impatience? in the next stage of the fight against corruption. He estimates that the ?Corruption Industry? worldwide may amount annually to about US $ 1 trillion in transactions. It is also a fundamental impediment to economic growth of nations, it constitutes a major ?tax? on foreign and domestic investment, it reduc...

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