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Government effectiveness index: Difference between revisions

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Elaboration of the page "Government effectiveness index"
 
Methodology and Significance sections
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The '''government effectiveness index''' is an index elaborated by the [[World Bank Group]] which measures the quality of public services, civil service, policy formulation, policy implementation and credibility of the government's commitment to raise these qualities or keeping them high. This index includes 193 countries ranked from -2.5 (less effective) to 2.5 (more effective).<ref>{{cite web |title=Government effectiveness - Country rankings |url=https://www.theglobaleconomy.com/rankings/wb_government_effectiveness/ |website=The Global Economy |accessdate=25 April 2019}}</ref> It is one in a broad set of government quality indicators.<ref>{{cite journal |last1=Guisan |first1=Maria-Carmen* |title=GOVERNMENT EFFECTIVENESS, EDUCATION, ECONOMIC DEVELOPMENT AND WELL-BEING: ANALYSIS OF EUROPEAN COUNTRIES IN COMPARISON WITH THE UNITED STATES AND CANADA, 2000-2007 |journal=Applied Econometrics and International Development |date=2009 |volume=9 |issue=1 |page=1 |url=http://www.usc.es/economet/reviews/aeid914.pdf |accessdate=25 April 2019}}</ref>
 
The World Bank issues the government effectiveness index among other 5 worldwide governance indicators: voice and accountability, political stability, regulatory quality, rule of law and control of corruption.<ref name="WGI Project">{{cite web |title=Worldwide Governance Indicators |url=http://info.worldbank.org/governance/wgi/index.aspx#home |publisher=World Bank |accessdate=25 April 2019}}</ref> All these indexes are produced by [[Daniel Kaufmann (economist)|Daniel Kaufmann]], from the [[Natural Resource Governance Institute]], and Aart Kraay, from the World Bank Development Research Group.<ref name="WGI Project"/> These 6 indexes are considered as dimensions of governance.<ref>{{cite web |title=Introduction |url=http://info.worldbank.org/governance/wgi/index.aspx#doc |website=Worldwide Governance Indicators |publisher=World Bank |accessdate=10 May 2019}}</ref>
 
== See also Methodology==
The government effectiveness index uses 47 variables (ranging from quality of bureaucracy to distribution infrastructure of goods and services) from 32 sources (ranging from [[African Development Bank]] to Global Insight Business Conditions and Risk Indicators).<ref>{{cite web |title=Government Effectiveness |url=http://info.worldbank.org/governance/wgi/ge.pdf |website=Worldwide Governance Indicators |publisher=World Bank |accessdate=10 May 2019}}</ref> These variables are then rescaled and combined through the [[Unobserved heterogeneity in duration models|unobserved components model]].
 
==Significance==
As an aggregate measure, the government effectiveness index does not allow to spot specific problems of a country or to analyse particular solutions, but it is an useful tool to compare countries in a broad sense, to measure the improvement of a particular country, or to ascertain trends.
 
==See also==
* [[Governance]]
* [[World Governance Index]]
 
== References ==
{{reflist}}