Every year, the World Bank publishes the Worldwide Governance Indicators, a report that assesses and ranks the
Question:
Every year, the World Bank publishes the Worldwide Governance Indicators, a report that assesses and ranks the quality of governance in more than 200 countries. The indicators measure six key dimensions of governance quality: voice and accountability, political stability and lack of violence, government effectiveness, regulatory quality, rule of law, and control of corruption. Navigate to http://info.worldbank.org/governance/wgi/index.aspx and download the full dataset in Excel or Stata to answer the following questions.
a. Which governance indicators in the report are most closely related to economic health and future economic growth and why?
b. For each of the indicators you identified in part (a), identify the three countries where the quality of governance on these indicators has improved most significantly from 2000 to the present. Explain your answer.
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