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The authors report on the latest version of the worldwide governance indicators, covering 213 countries and territories and measuring six dimensions of governance from 1996 until end-2005: voice and accountability, political stability and absence of violence, government effectiveness, regulatory quality, rule of law, and control of corruption. The latest indicators are based on hundreds of variables and reflect the views of thousands of citizen and firm survey respondents and experts worldwide. Although global averages of governance display no marked trends during 1996-2005, nearly one-third of countries exhibit significant changes [for better or for worse] on at least one dimension of governance. Three new features distinguish this update. (1) The authors have moved to annual reporting of governance estimates. This update includes new governance estimates for 2003 and 2005, as well as minor backward revisions to biannual historical data for 1996-2004. (2) The authors are, for the first time, publishing the individual measures of governance from virtually every data source underlying the aggregate governance indicators. The ready availability of the individual data sources underlying the aggregate governance indicators is aimed at further enhancing the transparency of the methodology and of the resulting aggregate indicators, as well as helping data users and policymakers identify specific governance challenges in individual countries. (3) The authors present new evidence on the reliability of expert assessments of governance which, alongside survey responses, form part of the aggregate measures of governance.

Accountability --- Aggregate Governance Indicators --- Aggregate Indicators --- Citizen --- Corruption --- Governance --- Governance Challenges --- Governance Indicators --- Government Effectiveness --- Institutions --- Measurement --- Measurement Error --- Measuring Governance --- National Governance --- Political Stability --- Regulatory Quality --- Rule Of Law --- Statistical Methodology --- Transparency --- Unobserved Components Model --- Worldwide Governance Indicators

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• Reference Manager
• EndNote
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The Worldwide Governance Indicators, reporting estimates of six dimensions of governance for over 200 countries between 1996 and 2005, have become widely used among policymakers and academics. They have also attracted some explicit written criticisms. In this short paper the authors synthesize 11 critiques offered by four recent papers. They then refute them as either conceptually incorrect or empirically unsubstantiated.

Administrative Corruption --- Aggregate Governance Indicators --- Aggregate Indicator --- Aggregate Indicators --- Aggregation Method --- Aggregation Methodology --- Corruption --- Corruption Indicator --- Country Coverage --- Governance --- Governance Data --- Governance Diagnostics --- Governance Indicators --- Growth --- Investment Climate --- Judicial Corruption --- Measuring Governance --- National Governance --- Politics --- Risk Rating Agencies --- Science and Technology Development --- Services --- Statistical and Mathematical Sciences --- Worldwide Governance Indicators