Description:
This paper summarizes the methodology of
the Worldwide Governance Indicators (WGI) project, and
related analytical issues. The WGI cover over 200 countries
and territories, measuring six dimensions of governance
starting in 1996: Voice and Accountability, Political
Stability and Absence of Violence/Terrorism, Government
Effectiveness, Regulatory Quality, Rule of Law, and Control
of Corruption. The aggregate indicators are based on several
hundred individual underlying variables, taken from a wide
variety of existing data sources. The data reflect the views
on governance of survey respondents and public, private, and
NGO sector experts worldwide. The WGI also explicitly report
margins of error accompanying each country estimate. These
reflect the inherent difficulties in measuring governance
using any kind of data. Even after taking these margins of
error into account, the WGI permit meaningful cross-country
and over-time comparisons. The aggregate indicators,
together with the disaggregated underlying source data, are
available at www.govindicators.org.