     
The March 15th print issue of the Economist (UK), features a long article entitled Economics and the Rule of Law: Order in the Jungle. Its synthesis caption states: "The rule of law has become a big idea in economics. But it has had its difficulties." The governance work at the World Bank Institute (WBI), in collaboration with the World Bank's Research Department (DEC), is featured in this article in The Economist. Here we provide access to background materials that the article refers to. - Access to the Economist article:
"Economics and the rule of law: Order in the jungle", March 15th, 2008 Issue "One rule for the rich", March 13th, 2008 - Access to the Worldwide Governance Indicators (WGI): www.govindicators.org, and to the latest paper containing the methodology and data:
Kaufmann, Daniel, Kraay, Aart and Mastruzzi, Massimo, "Governance Matters VI: Governance Indicators for 1996-2006" (July 2007). World Bank Policy Research Working Paper No. 4280 - Access to the research papers on the causal link going from improved governance and rule of law to higher incomes (including the '300% development dividend' of good governance):
Kaufmann, Daniel, Kraay, Aart and Mastruzzi, Massimo, "Governance Matters IV: Governance Indicators for 1996-2004" (May 2005). World Bank Policy Research Working Paper Series No. 3630. Kaufmann, Daniel, Aart Kraay and Massimo Mastruzzi. "Measuring Governance Using Perceptions Data" (August 2005), in The Handbook of Economic Corruption. Susan Rose-Ackerman, ed. London, Elgar. Kaufmann, Daniel and Kraay, Aart, "Growth Without Governance" (November 2002). World Bank Policy Research Working Paper No. 2928. Kaufmann, Daniel, Aart Kray and Massimo Mastruzzi. "Governance Matters IV: New Data, New Challenges" (May 2005), synthesis paper, The World Bank. - On the impact of improved governance and civil liberties on World Bank-funded projects in developing countries:
Kaufmann, Daniel, Jonathan Isham and Lant Pritchett, "Civil Liberties, Democracy, and the Performance of Government Projects" (1997). The World Bank Economic Review 11(2): 219-42. Isham, Jonathan, Kaufmann, Daniel and Pritchett, Lant, "Governance and Returns on Investment: An Empirical Investigation" (November 1995). World Bank Policy Research Working Paper No. 1550. - On the determinants and consequences of State Capture:
Hellman, Joel S., Jones, Geraint and Kaufmann, Daniel, "Seize the State, Seize the Day: State Capture, Corruption and Influence in Transition" (September 2000). Journal of Public Economics, and World Bank Policy Research Working Paper No. 2444. |
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