Columbia International Affairs Online: Working Papers

CIAO DATE: 06/2009

Governance Indicators: A guided Tour

Per Botolf Maurseth

December 2008

Norwegian Institute of International Affairs

Abstract

In recent years, countries’ governance has been paid increasing attention. At the same time, the availability of governance indicators has also increased. Such indicators are used by investors, aid donors and researchers. This paper reviews some commonly used governance indicators. Their construction and their usefulness are discussed. It is concluded that governance indicators are a useful tool for evaluating countries’ performance, but that they should be complemented with other sources of information