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World Bank says many countries fail to make progress in governance and anti-corruption


http://en.youth.cn   2009-06-30 15:08:00
Many countries have made progress in governance and anti-corruption over the past decade, while many others have failed to make such improvements, said a report released by the World Bank on June 29.

The eighth release of the Worldwide Governance Indicators (WGI),one of the most comprehensive cross-country sets of governance indicators, highlighted the serious challenges that remain for rich and poor countries alike, and draws attention to the well-established link between better governance and improved development results.

"The good news is that some countries are recognizing and responding to governance challenges, and are showing strong improvements that reflect concerted efforts by political leaders, policymakers, civil society, and the private sector," said Aart Kraay, co-author of the report and Lead Economist in the Development Research Group of the World Bank.

At the same time, other countries have stagnated, and worryingly, still others have regressed in key dimensions of governance. In fact, the updated WGI show that current governance standards have plenty of room for improvement in many industrialized countries and emerging economies.

"We should not presume that rich and powerful countries have the very best levels of governance and corruption control; the financial crisis reminds us that the quality of governance in G8 countries is not always exemplary," said Daniel Kaufmann, co-author of the report and a Senior Fellow at the Brookings Institution.

The WGI is a research project initiated by Kaufmann and Kraay in the late 1990s, and is now co-authored with Massimo Mastruzzi of the World Bank Institute.

 
source : Xinhuan     editor:: Kevin
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