industrial and developing countries differently in some cases. The authors also find that governance plays an important role as … it affects performance and interacts with reform policies. "--World Bank web site …

; and spend more on public investment and government workers. Only one theory explains the effects of democratic age on the … systematically different political and electoral institutions, or that young democracies exhibit more polarized societies. "--World …

A 2003 World Bank study, "Governance of Natural Resources in the Philippines," analyzed natural resources management … and governance in the Philippines. It assessed sector policies, particularly property rights, institutions, and financing … public and private institutions responsible for natural resources management. Because the Governance study stopped short of …

against recent efforts to apply a discount to governance performance in low-income countries. "--World Bank web site …"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 …