What are the six dimensions of governance as used in the worldwide governance indicators?
Table of Contents
The dimensions include: 1) Voice and Accountability; 2) Political Stability and Absence of Violence; 3) Government Effectiveness; 4) Regulatory Quality; 5) Rule of Law; and 6) Control of Corruption.
How do you cite World Bank governance indicators?
Suggested Citation “The worldwide governance indicators : methodology and analytical issues,” Policy Research Working Paper Series 5430, The World Bank.
What are the governance indicators?
The World Bank Group’s Worldwide Governance Indicators reports on six dimensions of governance: voice and accountability; political stability and absence of violence; government effectiveness; regulatory quality; rule of law; and control of corruption.
What is rule of law in good governance?
The rule of law is a principle of governance in which all persons, institutions and entities, public and private, including the State itself, are accountable to laws that are publicly promulgated, equally enforced and independently adjudicated, and which are consistent with international human rights norms and …
How do you measure good governance?
According to the United Nations, Good Governance is measured by the eight factors of Participation, Rule of Law, Transparency, Responsiveness, Consensus Oriented, Equity and Inclusiveness, Effectiveness and Efficiency, and Accountability.
What is voice and accountability?
Voice, empowerment and accountability (VEA) is an umbrella term that covers a wide range of ideas about how citizens can express preferences, secure their rights, make demands on the state and ultimately achieve better development outcomes.
What is governance law?
Legal governance refers to the establishment, execution and interpretation of processes and rules put in place by corporate legal departments in order to ensure a smoothly-run legal department and corporation.
What is strengthening the rule of law?
Strengthening the Rule of Law (ROL) has been and remains an important element of the Bank’s development agenda in response to the needs of our clients and beneficiaries. Unlike in years past, today, the Bank is being called on to support ROL in many different contexts and for different reasons.
What are the Worldwide Governance Indicators?
The Worldwide Governance Indicators (WGI) are a research dataset summarizing the views on the quality of governance provided by a large number of enterprise, citizen and expert survey respondents in industrial and developing countries.
What is Justice and the rule of law?
Justice and the rule of law are central to the World Bank’s core agenda of ending extreme poverty and promoting shared prosperity. An absence of justice and the rule of law both creates poverty and impedes poverty reduction and greater equality.
What is governance?
What is Governance? Governance consists of the traditions and institutions by which authority in a country is exercised.