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Government Effectiveness Index
The government effectiveness index is a ranking of state capacity developed by the World Bank Group. It measures the quality of public services, civil service, policy formulation and implementation, and the credibility of a government's commitment to improving or maintaining these aspects. The index includes 193 countries, each scored from -2.5 (less effective) to 2.5 (more effective). It is part of a broader set of government quality indicators.Kaufmann, Daniel and Kraay, Aart"Growth Without Governance"(November 2002). World Bank Policy Research Working Paper No. 2928. The World Bank releases the government effectiveness index as one of six worldwide governance indicators. The others are voice and accountability, political stability, regulatory quality, the rule of law, and control of corruption. Daniel Kaufmann of the Natural Resource Governance Institute and Aart Kraay of the World Bank Development Research Group produce these indexes. They consider these six indexes as dimensio ...
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State Capacity
State capacity is the ability of a government to accomplish policy goals, either generally or in reference to specific aims. More narrowly, state capacity often refers to the ability of a state to collect taxes, enforce law and order, and provide public goods. A state that lacks capacity is defined as a fragile state or, in a more extreme case, a failed state. Higher state capacity has been strongly linked to long-term economic development, as state capacity can establish law and order, private property rights, and external defense, as well as support development by establishing a competitive market, transportation infrastructure, and mass education. Definitions and measurement There are multiple dimensions of state capacity, as well as varied indicators of state capacity. In studies that use state capacity as a causal variable, it has frequently been measured as the ability to tax, provide public goods, enforce property rights, achieve economic growth or hold a monopoly ...
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World Bank Group
The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group. The bank is headquartered in Washington, D.C., in the United States. It provided around $98.83 billion in loans and assistance to "developing" and transition countries in the 2021 fiscal year. The bank's stated mission is to achieve the twin goals of ending extreme poverty and building shared prosperity.The World Bank, Press release: "World Bank Group Commitments Rise Sharply in FY14 Amid Organizational Change"July 1 2014, http://www.worldbank.org/en/news/press-release/2014/07/01/world-bank-group-commitments-rise-sharply-in-fy14-amid-organizational-change/ref> Total lending as of 2015 for the last 10 years through Development Policy Financing was approximately $117 billion. Its five organizations have been established over time: ...
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Daniel Kaufmann (economist)
Daniel Kaufmann is the president emeritus of the Natural Resource Governance Institute (NRGI), which resulted from the merger of the Revenue Watch Institute – Natural Resource Charter. He is also a nonresident senior fellow at the Brookings Institution, where he was previously a senior fellow, and until July 2019 served in the international board of the Extractive Industries Transparency Initiative and in a number of advisory boards on governance, anti-corruption and natural resources and has also been in high-level expert commissions such as at the Organisation for Economic Co-operation and Development, the Inter-American Development Bank and the Mo Ibrahim Foundation. Prior to that, he was a director at the World Bank Institute, leading work on governance and anti-corruption. He was also a senior manager and lead economist at the World Bank, writing and working on many countries around the world, and was a visiting scholar at Harvard University. He has also served in other board ...
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Natural Resource Governance Institute
The Natural Resource Governance Institute (NRGI) is an independent nonprofit organization dedicated to improving countries' governance over their natural resources (in particular oil, gas and minerals) to promote sustainable and inclusive development. The headquarters of NRGI are based in New York. History The Natural Resource Governance Institute was established through the merger of the Revenue Watch Institute and the Natural Resource Charter in 2013. Originally based in New York, NRGI has opened offices in London, Accra, Dakar, Lima, Washington, D.C., and Dar Es Salaam. This partly reflects its focus on Chile, Colombia, Democratic Republic of Congo, Ghana, Guinea, Mexico, Mongolia, Nigeria, Senegal, Tanzania and Tunisia as focus countries. Organization and Activities NRGI's vision is a world where natural resources enable fair, prosperous and sustainable societies, instead of undermining them. The organization's mission is to support informed, inclusive decision-makin ...
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African Development Bank
The African Development Bank Group (AfDB, also known as BAD in French) is a multilateral development finance institution, headquartered in Abidjan, Ivory Coast since September 2014. The AfDB is a financial provider to African governments and private companies investing in the regional member countries (RMC). The AfDB was founded in 1964 by the Organisation of African Unity, which is the predecessor of the African Union. The AfDB comprises three entities: The African Development Bank, the African Development Fund and the Nigeria Trust Fund. History Following the end of the colonial period in Africa, a growing desire for more unity within the continent led to the establishment of two draft charters: one for the establishment of the Organization of African Unity (established in 1963, later replaced by the African Union) and one for a regional development bank. A draft accord was submitted to top African officials and then to the Conference of Finance Ministers on the Estab ...
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Unobserved Heterogeneity In Duration Models
Issues of heterogeneity in duration models can take on different forms. On the one hand, unobserved heterogeneity can play a crucial role when it comes to different sampling methods, such as stock or flow sampling. On the other hand, duration models have also been extended to allow for different subpopulations, with a strong link to mixture models. Many of these models impose the assumptions that heterogeneity is independent of the observed covariates, it has a distribution that depends on a finite number of parameters only, and it enters the hazard function multiplicatively. One can define the conditional hazard as the hazard function conditional on the observed covariates and the unobserved heterogeneity. In the general case, the cumulative distribution function of ''ti*'' associated with the conditional hazard is given by ''F(t, xi , vi ; θ)''. Under the first assumption above, the unobserved component can be integrated out and we obtain the cumulative distribution on the o ...
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Correlation
In statistics, correlation or dependence is any statistical relationship, whether causal or not, between two random variables or bivariate data. Although in the broadest sense, "correlation" may indicate any type of association, in statistics it usually refers to the degree to which a pair of variables are '' linearly'' related. Familiar examples of dependent phenomena include the correlation between the height of parents and their offspring, and the correlation between the price of a good and the quantity the consumers are willing to purchase, as it is depicted in the demand curve. Correlations are useful because they can indicate a predictive relationship that can be exploited in practice. For example, an electrical utility may produce less power on a mild day based on the correlation between electricity demand and weather. In this example, there is a causal relationship, because extreme weather causes people to use more electricity for heating or cooling. However, in g ...
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Life Satisfaction
Life satisfaction is an evaluation of a person's quality of life. It is assessed in terms of mood, relationship satisfaction, achieved goals, self-concepts, and the self-perceived ability to cope with life. Life satisfaction involves a favorable attitude towards life—rather than an assessment of current feelings. Life satisfaction has been measured in relation to economic standing, degree of education, experiences, residence, and other factors. Life satisfaction is a key part of subjective well-being. Many factors influence subjective well-being and life satisfaction. Socio-demographic factors include gender, age, marital status, income, and education. Psychosocial factors include health, illness, functional ability, activity level, and social relationships. People tend to gain life satisfaction as they get older. Factors affecting life satisfaction Personality Meta-analyses using the Five Factor Model of Personality found that, among its "Big Five" personality traits, ...
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Effective Altruism
Effective altruism (EA) is a 21st-century philosophical and social movement that advocates impartially calculating benefits and prioritizing causes to provide the greatest good. It is motivated by "using evidence and reason to figure out how to benefit others as much as possible, and taking action on that basis". People who pursue the goals of effective altruism, who are sometimes called , follow a variety of approaches proposed by the movement, such as donating to selected charities and choosing careers with the aim of maximizing positive impact. The movement gained popularity outside academia, spurring the creation of research centers, advisory organizations, and charities, which collectively have donated several hundred million dollars. Effective altruists emphasize impartiality and the global equal consideration of interests when choosing beneficiaries. Popular cause priorities within effective altruism include global health and development, social and economic inequality ...
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Governance
Governance is the overall complex system or framework of Process, processes, functions, structures, Social norm, rules, Law, laws and Norms (sociology), norms born out of the Interpersonal relationship, relationships, Social interaction, interactions, Power (social and political) , power dynamics and communication within an organized group of individuals. It sets the boundaries of acceptable conduct and practices of different actors of the group and controls their decision-making processes through the creation and enforcement of rules and guidelines. Furthermore, it also manages, allocates and mobilizes relevant resources and capacities of different members and sets the overall direction of the group in order to effectively address its specific collective needs, problems and challenges. The concept of governance can be applied to social, political or economic entities (groups of individuals engaged in some purposeful activity) such as a Country, state and its government (pub ...
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World Governance Index
The Worldwide Governance Indicators (WGI) is a project that reports both aggregate and individual governance indicators for over 200 countries and territories covering the period from 1996 to 2021. It considers six dimensions of governance: * Voice and Accountability * Political Stability and Absence of Violence/Terrorism * Government Effectiveness * Regulatory Quality * Rule of Law * Control of Corruption These aggregate indicators are based on the views of a large number of enterprise, citizen, and expert survey respondents in both industrial and developing countries. The indicators draw from over 30 individual data sources produced by a variety of survey institutes, think tanks, non-governmental organizations, international organizations, and private sector firms. The 2022 WGI update includes significant revisions to the underlying source data, which affect the data for earlier years in the WGI dataset. This latest release supersedes previous releases. Background Creating a ...
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Public Administration
Public administration, or public policy and administration refers to "the management of public programs", or the "translation of politics into the reality that citizens see every day",Kettl, Donald and James Fessler. 2009. ''The Politics of the Administrative Process''. Washington D.C.: CQ Press and also to the academic discipline which studies how public policy is created and implemented. In an academic context, public administration has been described as the study of government decision-making; the analysis of policies and the various inputs that have produced them; and the inputs necessary to produce alternative policies. It is also a subfield of political science where studies of policy processes and the structures, functions, and behavior of public institutions and their relationships with broader society take place. The study and application of public administration is founded on the principle that the proper functioning of an organization or institution relies on effectiv ...
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