Second generation governance indicators
AbstractThis paper summarizes progress made in a DfID-funded World Bank initiative to test and develop policy-relevant, politically acceptable, quantitative indicators of governance. There are two major components involved in the process of generating indicators that are practical means of reform. Political acceptability is key in developing neutral quantitative benchmarks of good governance that can be embraced by reformers. In addition to political acceptability, measuring governance must be comprehensive and institutionally specific so that reformers know which institutions to reform and how to do so. This paper explores some of the most promising second generation indicators of good governance and elaborates on how they are being used in World Bank operations.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 25029.
Date of creation: 2002
Date of revision: 2003
Publication status: Published in International Review of Administrative Sciences 3.69(2003): pp. 345-364
governance; institutions; development;
Find related papers by JEL classification:
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
- O43 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
- P48 - Economic Systems - - Other Economic Systems - - - Political Economy; Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
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