Yesterday a report titled Governance Matters VIII was released which included new update of the Worldwide Governance Indicators (WGI). A total of six dimensions of governance, namely: Voice and Accountability, Political Stability and Absence of Violence, Government Effectiveness, Regulatory Quality, Rule of Law, and Control of Corruption, was measured in this report. The six governance indicators are measured in units ranging from about -2.5 to 2.5, with higher values corresponding to better governance outcomes.
The report covers 212 countries and territories. It aggregate indicators are based on hundreds of specific and disaggregated individual variables measuring various dimensions of governance, taken from 35 data sources provided by 33 different organizations. The data reflect the views on governance of public and private sectors and NGO experts, as well as thousands of citizen and firm survey respondents worldwide.
Bangladesh’s ranking in all six areas of governance for the year 2008 is as follows:
Voice and accountability 31
Political stability 10
Government effectiveness 23
Regulatory quality 21
Rule of law 27
For a comparative picture of Bangladesh governance situation from 2003 to 2008, visit here: