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Thomas (2009) dismisses the Worldwide Governance Indicators (WGI) as an 'elaborate and unsupported hypothesis' because of the failure to demonstrate the 'construct validity' of these indicators. We argue that 'construct validity' is not a useful tool to assess the merits of the WGI, and even if...
Persistent link: https://www.econbiz.de/10012562729
Standard economics uses a one-dimensional concept of motivation. It assumes that people are perfectly rational and are solely motivated in a selfish way. This essay argues that people differ in their preferences with respect to pro-social orientations, that preferences are plastic and...
Persistent link: https://www.econbiz.de/10013073646
Scholars, policymakers, aid donors, and aid recipients acknowledge the importance of good governance for development. This understanding has spurred an intense interest in more refined, nuanced, and policy-relevant indicators of governance. In this paper we review progress to date in the area of...
Persistent link: https://www.econbiz.de/10012552826
Scholars, policymakers, aid donors, and aid recipients acknowledge the importance of good governance for development. This understanding has spurred an intense interest in more refined, nuanced, and policy-relevant indicators of governance. In this paper we review progress to date in the area of...
Persistent link: https://www.econbiz.de/10012747588