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Globalisation is already a powerful force for poverty reduction as societies and economies around the world are becoming more integrated. Although this international integration presents considerable opportunities for developing countries, it also contains significant risks. Associated with...
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industrial and developing countries differently in some cases. The authors also find that governance plays an important role as …
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"This paper identifies systematic performance differences between younger and older democracies: younger democracies are more corrupt; exhibit less rule of law, lower levels of bureaucratic quality, and lower secondary school enrollments; and spend more on public investment and government...
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"The authors present the latest update of their aggregate governance indicators, together with new analysis of several … issues related to the use of these measures. The governance indicators measure the following six dimensions of governance: (1 …) voice and accountability; (2) political instability and violence; (3) government effectiveness; (4) regulatory quality; (5 …
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