To access previous versions of the WGI dataset, please click on the links below: Financial support from the Knowledge for Change Program of the World Bank is gratefully The index, which ranks 180 countries and territories by their perceived levels of public sector corruption according to experts and businesspeople, uses a scale of zero to 100, where zero is highly corrupt and 100 is very clean. Detailed documentation of the WGI, interactive tools for exploring the data, and full access to the underlying source data available at www.govindicators.org.The WGI are produced by Daniel Kaufmann (Natural Resource Governance Institute and Brookings Institution) and Aart Kraay (World Bank Development Research Group). Strength of legal rights index (0=weak to 12=strong) from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). citizen and expert survey respondents in industrial and developing countries. The international score uses six key dimensions to benchmark countries' performance and also displays the derived overall LPI index. organizations, international organizations, and private sector firms. The composite scores, Using 2003–2011 data from the World Bank, the Heritage Foundation and the KOF Swiss Economic Institute, we investigate China's political risk distribution and political risk index (PRI). The total points from the three indices are divided by two to produce the weights for inclusion in the composite country risk score. tanks, non-governmental organizations, international organizations, and private sector firms. External Debt and Financial Flows statistics, Heath statistics, Gender, Economy, Social Data. The World Bank forecasts global growth of 2.5% in 2020, … Produced in partnership with Oxford Analytica, our index brings you up-to-date, relevant and meticulously researched information on some of the most vulnerable territories to help you more effectively manage your political risk. Political Stability and Absence of Violence/Terrorism: Estimate. Bribery and Corruption 3. The Worldwide Governance Indicators (WGI) are a research dataset summarizing sound policies; and the respect of citizens and the state for the institutions that Public. The Willis Towers Watson Political Risk Index contains 40 countries, and recent editions have exhibited a clear trend in which more countries have a rising overall risk score, indicating … The Worldwide Governance Indicators (WGI) project, Natural Resource Governance Institute (NRGI) and Brookings, African Development Bank Country Policy and Institutional Assessments (ADB), Asian Development Bank Country Policy and Institutional Assessments (ASD), Business Enterprise Environment Survey (BPS), Cingranelli Richards Human Rights Database (HUM), European Bank for Reconstruction and Development Transition Report (EBR), Freedom House -- Countries at the Crossroads (CCR), Heritage Foundation Index of Economic Freedom (HER), IFAD Rural Sector Performance Assessments (IFD), Institute for Management & Development World Competitiveness Yearbook (WCY), International Research & Exchanges Board Media Sustainability Index (MSI), International Budget Project Open Budget Index (OBI), Political Economic Risk Consultancy (PRC), Political Risk Services International Country Risk Guide (PRS), Reporters Without Borders Press Freedom Index (RSF), US State Department Trafficking in People report (TPR), Vanderbilt University's AmericasBarometer (VAB), World Bank Country Policy and Institutional Assessments (PIA), World Justice Project Rule of Law Index (WJP), Political Stability and Absence of Violence. They are based Part I discusses new perspectives on political risk insurance products. Governance consists of the traditions and institutions by which authority in a country IFC commitments total $164 million, while MIGA’s gross portfolio in Senegal is at $309 million. ranging from approximately -2.5 to 2.5. Acclaimed as the ‘most authoritative in the field,’ with ‘great predictive value,’ the International Country Risk Guide provides a global clientele with political, economic, and financial risk ratings and forecasts for its universe of 140 developed, emerging, and frontier markets.. Human Capital: According to the World Bank’s Human Capital Index 2020 (HCI 2020), a child born in Tanzania today will be 39% as productive when she grows up as she could be if she enjoyed complete education and full health. Find Out Part III focuses on the challenge of managing regulatory risk and Part IV deals with the international political risk insurance industry in 2010. Relative to the previous update of the WGI, we have made a number of revisions to the source data underlying the WGI, some of which affect the data for previous years. Political Stability and Absence of Violence/Terrorism measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution, i.e. is the second in a series of volumes based on the MIGA–Georgetown Uni-versity Symposium on International Political Risk Management. The World Bank Group’s active portfolio comprises 22 national IDA investment operations totaling $2.2 billion and nine regional IDA operations totaling $346.5 million in commitments. The Worldwide Governance Indicators (WGI) project Please cite Kaufmann, Daniel, Aart Kraay and Massimo Mastruzzi (2010). Public Transparency and Accountability 5. The WGI do not reflect the official views of the Natural Resource Governance Institute, the Brookings Institution, the World Bank, its Executive Directors, or the countries they represent. Political Stability and Absence of Violence/Terrorism measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Below is our most recent Political Risk Index (PRI) Table ranked from low to high risk within each region listed. The index is then normalized to average a value of 100 in the 2000-2009 decade. For the specification Subnational Resilience (SURE), researchers combine information of socio-economic well-being and development with insights on a region’s conflict history to develop a specific resilience value for more than 3,800 distinct first level administrative division of any state. and expert survey respondents in industrial and developing countries. 5430 (http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1682130). SURE database is especially suitable 1. during al… acknowledged. Aggregate and individual governance indicators for six dimensions of governance: Voice and Accountability; Political Stability and Absence of Violence/Terrorism; Government Effectiveness; Regulatory Quality; Rule of Law; Control of Corruption. These The WGI are not used by the ranging from approximately -2.5 to 2.5. Financial Transparency and Standards 4. Hence, SURE data is especially well suited for applications for strategic market entry planning as well as for the evaluation of production sites, suppliers and supply chain networks. Economic and political risks will be intertwined in 2020. WGI 2020 Interactive > Home. Political stability index (-2.5 weak; 2.5 strong), 2019 - Country rankings: The average for 2019 based on 195 countries was -0.05 points.The highest value was in Iceland: 1.66 points and the lowest value … 3rolwlfdo 6wdelolw\ dqg $evhqfh ri 9lrohqfh 7huurulvp 5hsuhvhqwdwlyh 6rxufhv (,82ughuo\ wudqvihuv $uphg frqiolfw 9lrohqw ghprqvwudwlrqv 6rfldo xquhvw Political Economic Risk Consultancy (PRC) Political Risk Services International Country Risk Guide (PRS) Political Terror Scale (PTS) Reporters Without Borders Press Freedom Index (RSF) US State Department Trafficking in People report (TPR) Vanderbilt University's AmericasBarometer (VAB) Varieties of Democracy Project (VDM) World Bank Country Policy and Institutional Assessments (PIA) reports aggregate and individual governance indicators for over 200 countries and territories over the Covering 198 countries and territories the Global Corruption Index (GCI) provides a comprehensive overview of the state of corruption around the world based on 28 variables. This report considers the changes in the short-term political risk index (STPRI), a measure that takes into account a government’s ability to propose and implement policy, social stability, immediate threats to the government’s ability to rule, the risks of a coup, and more. govern economic and social interactions among them. This site works best in Chrome, Edge, Firefox or Safari web browsers. 140 140 140 140 140 140 140 140 140 140 140 140 140 140 140 140 140 140 140 Data Governance supports World Bank’s twin goals of ending extreme poverty and boosting shared prosperity. This includes the process by which governments are selected, monitored Worldwide Governance Indicators. indicators in five domains relevant to assessing ML/TF risk at the country level: 1. Perceptions of the quality of public services, the quality of the civil service and the degree of its independence from political pressures, the quality of policy formulation and implementation, and the credibility of the government's commitment to such policies. Governance effectiveness, Control of corruption, Rule of Law. Country results are presented on a 0-100 scale, where 0 corresponds to the lowest risk and 100 corresponds to the highest risk. The Index provides a basic, convenient way to compare countries directly, as well as … THE WORLD’S PREEMINENT SOURCE. It presents the most current and accurate global See more +. This is slightly lower than the average for Sub-Saharan Africa region and lower than the average for Lower middle-income countries. Risk of catastrophic expenditure for surgical care (% of people at risk) Risk of impoverishing expenditure for surgical care (% of people at risk) Specialist surgical workforce (per 100,000 population) Teenage mothers (% of women ages 15-19 who have had children or are currently pregnant) Unmet need for contraception (% of married women ages 15-49) Trade tensions continue to present the major risk to the global economy, while the novel coronavirus (Covid-19) outbreak may also disrupt trade and supply chains. The PRI is the overall measure of risk for a given country, calculated by using all 17 risk components from the PRS Methodology including turmoil, financial transfer, direct investment, and export markets. Disaster risk reduction progress score (1-5 scale; 5=best) Droughts, floods, extreme temperatures (% of population, average 1990-2009) Ease of doing business index (1=most business-friendly regulations) World Bank Policy Research Working Paper No. Political risk is the risk an investment's returns could suffer as a result of political changes or instability in a country. Aggregate and individual governance indicators for six dimensions of governance: Voice and Accountability; Political Stability and Absence of Violence/Terrorism; Government Effectiveness; Regulatory Quality; Rule of Law; Control of Corruption. data are gathered from a number of survey institutes, think tanks, non-governmental the views on the quality of governance provided by a large number of enterprise, "The Worldwide Governance Indicators: Methodology and Analytical Issues". The Worldwide Governance Indicators (WGI) project reports aggregate and individual governance indicators for over 200 countries and territories over the period 1996– 2019, for six dimensions of governance: Voice and Accountability. The search identifies articles containing references to six groups of words: Group 1 includes words associated with explicit mentions of geopolitical risk, as well as mentions of military-related tensions involving large regions of the world and a U.S. involvement. not reflect the official views of the Natural Resource Governance Institute, the Brookings Institution, the World Bank, its World Bank colleagues’ insight from their work on the upcoming World Development Report, which focuses on these countries, was invaluable to the discussion. Not all functionalities will work in Internet Explorer.x. period 1996–, for six dimensions of governance: These aggregate indicators combine the views of a large number of enterprise, citizen Pablo Zoido and Massimo Mastruzzi also made major contributions to the development and updating of the WGI. Quality of AML / CFT Framework 2. Political Risk Insurance A MIGA instrument to help mobilize private commercial finance to fund private sector investments or Public-Private Partnerships by protecting equity or debt providers against losses related to certain non-commercial risks. on over 30 individual data sources produced by a variety of survey institutes, think Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution, i.e. Like its predecessor, this volume offers leading-edge assessments of needs and capabilities in the international political risk insurance industry. is exercised. International Political Risk Management: The Brave New World. The WGI are a research dataset initiated by Daniel Kaufmann (Natural Resource Governance Institute (NRGI) and Brookings) and Aart Kraay (World Bank, Development Economics) in 1999. Part II examines private power projects in emerging markets. World Development Indicators (WDI) is the primary World Bank collection of development indicators, compiled from officially recognized international sources. and replaced; the capacity of the government to effectively formulate and implement This is the fifth year that MIGA, the political risk insurance and credit enhancement arm of the World Bank, co-hosted the event to launch its World Investment and Political Risk report. What is Governance? Political Stability and Absence of Violence. 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2000 1998 1996. The scorecard allows comparisons with the world (with the option to display world's best performer) and with the region or income group (with the option to display the region’s or income group's best performer) on the six indicators and the overall LPI index. Under Fitch Solutions’ method, a country’s score is ranked out of 100 — the higher the index, the less political risk. Executive Directors, or the countries they represent. World Bank Group to allocate resources. The Political Risk index is based on 100 points, Financial Risk on 50 points, and Economic Risk on 50 points. The WGI do The Worldwide Governance Indicators (WGI) report on six broad dimensions of governance for over 215 countries and territories over the period 1996-2018: (I) Voice and Accountability; (II) Political Stability and Absence of Violence; (III) Government Effectiveness; (IV) Regulatory Quality; (V) Rule of Law; and (VI) Control of Corruption. © 2021 The World Bank Group, All Rights Reserved.