By Danielle Lee
The World Bank Institute released its annual “Worldwide Governance Indicators,” which measures governance practices across six categories in 212 countries.
The report found “significant improvement” in governance practices among a range of countries based on the six categories of evaluation used. These categories included: voice and accountability, which measured the government participation and freedom of expression of the country’s citizens; political stability and absence of violence; government effectiveness; regulatory quality, which measured the government’s ability to formulate and implement policies to promote private sector development; rule of law, which measured the confidence agents have and the extent to which they abide by society’s rules; and control of corruption.
Africa showed specific improvement in different categories in the countries of Kenya, Niger, Sierra Leone, Algeria, Liberia, Angola Libya, Rwanda and Sierra Leone, with the countries of Cote d’Ivoire and Zimbabwe lagging in these areas.
Another finding shows that some emerging countries, including Slovenia and Uruguay, scored higher in areas of governance than developed countries like Greece and Italy.
According to the report accompanying these statistics, “researchers estimate that when governance is improved by one standard deviation, incomes rise about three-fold in the long run, and infant mortality declines by two-thirds.”