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Governance Matters IV : Governance Indicators for 1996-2004

By Mastruzzi, Massimo

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Book Id: WPLBN0000025821
Format Type: PDF eBook
File Size: 0.3 MB
Reproduction Date: 2005
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Title: Governance Matters IV : Governance Indicators for 1996-2004  
Author: Mastruzzi, Massimo
Language: English
Subject: Economics, Finance & business, World Bank.
Collections: Economics Publications Collection
Publication Date:
Publisher: The World Bank


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Mastruzzi, M. (n.d.). Governance Matters IV : Governance Indicators for 1996-2004. Retrieved from


Abstract: This paper presents the latest update of our aggregate governance indicators, together with new analysis of several issues related to the use of these measures. The governance indicators measure the following six dimensions of governance: i) Voice and Accountability; ii) Political Instability and Violence; iii) Government Effectiveness; iv) Regulatory Quality; v) Rule of Law, and, vi) Control of Corruption. They cover 209 countries and territories for 1996, 1998, 2000, 2002, and 2004. They are based on several hundred individual variables measuring perceptions of governance, drawn from 37 separate data sources constructed by 31 different organizations. We present estimates of the six dimensions of governance for each period, as well as margins of error capturing the range of likely values for each country. These margins of error are not unique to perceptions-based measures of governance, but are an important feature of all efforts to measure governance, including objective indicators. In fact, we provide examples of how individual objective measures provide an incomplete picture of even the quite particular dimensions of governance that they are intended to measure...


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