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Natalie on Jul 19, 2007
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Voice and Accountability (VA) – measuring the extent to which a country's
citizens are able to participate in selecting their government, as well as freedom
of expression, freedom of association, and a free media.
Political Stability and Absence of Violence (PV) – measuring perceptions of the
likelihoood that the government will be destabilized or overthrown by
unconstitutional or violent means, including domestic violence and terrorism
Government Effectiveness (GE) – measuring the quality of public services, the
quality of the civil service and the degree of its independence from political
pressures, the quality of policy formulation and implementation, and the
credibility of the government's commitment to such policies
Regulatory Quality (RQ) – measuring the ability of the government to formulate
and implement sound policies and regulations that permit and promote private
sector development
Rule of Law (RL) – measuring the extent to which agents have confidence in and
abide by the rules of society, and in particular the quality of contract enforcement,
the police, and the courts, as well as the likelihood of crime and violence
Control of Corruption (CC) – measuring the extent to which public power is
exercised for private gain, including both petty and grand forms of corruption, as
well as "capture" of the state by elites and private interests
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