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regulatory quality

Page history last edited by PBworks 11 years, 5 months ago

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Table of Contents:


 

see also our discussion on policy and regulation

 

 

 

Regulatory Quality

 

Regulatory Quality is one of six governance indicators measured by the World Bank Policy Research Working Paper Series. It is a measurement of the incidences of unfriendly market policies such as price controls or insufficient bank supervision. EST, or point estimate, is measured on a scale of -2.5 to 2.5, with the higher scores indicating to better governance of the regulatory quality in the countries observed.

 

 

 

  2004 2002 2000
Country EST.  EST.  EST. 
Afghanistan -2.05 -1.08 -3.64
Albania -0.08 -0.36 -0.06
Algeria -0.93 -0.58 -0.76
Andorra 1.32 1.44  
Angola -1.40 -1.37 -1.79
Antigua and Barbuda 0.73 0.71  
Argentina -0.81 -0.81 .45
Armenia 0.05 0.11 -0.39
Australia 1.62 1.64 1.51
Austria 1.41 1.67 1.53
Azerbaijan -0.57 -0.87 -0.51
Bahamas 0.78 1.35 .95
Bahrain 0.71 0.98 1.02
Bangladesh -1.15 -1.05 -0.16
Barbados 0.91 1.14 0.53
Belarus -1.78 -1.66 -2.70
Belgium 1.25 1.47 0.76
Belize 0.32 0.14 -0.17
Benin -0.49 -0.48 -0.04
Bhutan 0.00 -0.38 0.25
Bolivia 0.05 -0.12 0.67
Bosnia-Herzegovina -0.66 -0.90 -0.73
Botswana 0.96 0.79 0.79
Brazil 0.19 0.24 0.37
Brunei 1.08 1.05 0.28
Bulgaria 0.60 0.62 0.22
Burkina Faso -0.26 -0.17 0.01
Burma -2.34 -1.83 -1.40
Burundi -1.35 -1.29 -0.86
Cambodia -0.25 -0.44 -0.07
Cameroon -0.71 -0.77 0.00
Canada 1.57 1.65 1.38
Cape Verde 0.27 -0.25 -0.07
Central African Republic -1.28 -0.85 -0.65
Chad -0.84 -0.96 -0.28
Chile 1.62 1.48 1.38
China -0.45 -0.43 -0.21
Colombia -0.12 -0.07 0.12
Comoros -1.06 -1.01 -0.90
Congo (Brazzaville) -1.16 -1.06 -1.03
Congo (Kinshasa) -1.80 -1.64 -2.65
Costa Rica 0.67 0.78 0.92
Cote d’Ivoire -0.83 -0.38 -0.32
Croatia 0.19 0.19 0.31
Cuba -1.81 -1.19 -1.50
Cyprus (G) 1.23 1.23 1.08
Czech Republic 0.97 1.12 0.67
Denmark 1.76 1.74 1.41
Djibouti -0.76 -0.65 -0.66
Dominica 0.53 0.77 -0.13
Dominican Republic -0.28 -0.13 0.52
East Timor -0.43 -1.25  
Ecuador -0.60 -0.58 -0.19
Egypt -0.58 -0.46 0.01
El Salvador 0.56 0.07 1.15
Equatorial Guinea -0.78 -1.41 -1.31
Eritrea -1.29 -1.08 -0.40
Estonia 1.61 1.41 1.33
Ethiopia -1.19 -0.99 -0.62
Fiji -0.36 -0.09 -0.81
Finland 1.79 1.96 1.81
France 0.91 1.22 0.78
Gabon -0.46 -0.21 -0.29
The Gambia -0.15 -0.54 -0.01
Georgia -0.64 -0.80 -0.56
Germany 1.29 1.57 1.38
Ghana -0.28 -0.23 0.11
Greece 0.85 1.12 0.93
Grenada 0.37 0.41 0.28
Guatemala -0.07 -0.08 0.46
Guinea -0.94 -0.75 -0.09
Guinea-Bissau -0.86 -0.93 -1.09
Guyana -0.14 -0.37 -0.04
Haiti -1.11 -0.94 0.32
Honduras -0.33 -0.34 0.32
Hungary 1.22 1.19 1.12
Iceland 1.82 1.55 1.39
India -0.59 -0.35 -0.17
Indonesia -0.42 -0.67 -0.34
Iran -1.33 -1.23 -1.29
Iraq -1.79 -2.26 -3.43
Ireland 1.63 1.63 1.70
Israel 0.69 1.01 0.95
Italy 0.97 1.13 0.78
Jamaica 0.15 0.30 0.41
Japan 1.04 0.98 0.84
Jordan 0.13 0.10 0.68
Kazakhstan -0.89 -0.71 -0.47
Kenya -0.43 -0.52 -0.16
Kiribati -0.49 -1.10 -0.78
Kuwait 0.10 0.36 -0.13
Kyrgyzstan -0.06 -0.42 -0.36
Laos -1.24 -1.25 -1.24
Latvia 1.02 0.92 0.53
Lebanon -0.49 -0.49 0.29
Lesotho -0.26 -0.41 -0.38
Liberia -1.83 -1.53 -1.35
Libya -1.52 -1.57 -2.01
Liechtenstein 1.62 1.69  
Lithuania 1.16 1.04 1.90
Luxembourg 2.02 1.93 1.90
Macedonia -0.19 -0.09 0.13
Madagascar 0.10 -0.22 -0.17
Malawi -0.57 -0.39 -0.10
Malaysia 0.44 0.55 0.36
Maldives 0.00 0.71 0.07
Mali -0.26 -0.39 0.24
Malta 1.30 1.11 0.45
Marshall Islands -0.55 -0.76 -0.66
Mauritania 0.04 0.09 -0.38
Mauritius 0.33 0.52 0.74
Mexico 0.55 0.45 0.68
Micronesia 0.04 -0.65 -0.65
Moldova -0.49 -0.16 -1.11
Monaco      
Mongolia 0.18 -0.01 0.37
Morocco -0.26 -0.01 0.32
Mozambique -0.29 -0.52 -0.05
Namibia 0.45 0.25 0.35
Nauru      
Nepal -0.60 -0.51 -0.39
Netherlands 1.67 1.90 1.91
New Zealand 1.78 1.69 1.45
Nicaragua -0.15 -0.41 0.32
Niger -0.63 -0.66 -0.26
Nigeria -1.26 -1.18 -0.38
North Korea -2.05 -1.89 -1.70
Norway 1.33 1.52 0.95
Oman 0.43 0.63 0.79
Pakistan -1.03 -0.80 -0.58
Palau      
Panama 0.22 0.47 1.00
Papua New Guinea -0.64 -0.46 -0.61
Paraguay -0.60 -0.56 -0.79
Peru 0.17 0.19 0.59
Philippines -0.06 0.05 0.35
Poland 0.64 0.65 0.62
Portugal 1.14 1.47 1.05
Qatar -0.16 0.15 0.52
Romania -0.06 0.04 -0.27
Russia -0.51 -0.35 -1.58
Rwanda -0.42 -0.89 -0.54
Saint Kitts and Nevis 0.44 0.14 0.28
Saint Lucia 0.46 0.14 0.28
Saint Vincent and Grenadines 0.48 0.14 0.28
Samoa 0.39 -0.06 -0.03
San Marino      
Sao Tome and Principe -0.47 -0.43 -0.52
Saudi Arabia -0.34 0.06 -0.10
Senegal -0.31 -0.23 -0.05
Serbia and Montenegro -0.72 -0.59 -0.83
Seychelles -1.21 -0.49 -1.34
Sierra Leone -1.02 -1.28 -1.05
Singapore 1.87 1.91 2.31
Slovakia 1.15 0.75 0.37
Slovenia 0.89 0.85 0.66
Solomon Islands -1.47 -1.89 -1.55
Somalia -2.63 -2.01 -2.40
South Africa 0.44 0.53 0.12
South Korea 0.69 0.84 0.47
Spain 1.13 1.40 1.39
Sri Lanka 0.21 0.16 0.32
Sudan -1.04 -1.19 -0.84
Suriname -0.52 -0.61 -0.97
Swaziland -0.36 -0.14 -0.37
Sweden 1.54 1.70 1.39
Switzerland 1.55 1.62 1.55
Syria -1.21 -0.94 -0.78
Taiwan 1.29 1.04 0.95
Tajikistan -1.16 -1.26 -1.33
Tanzania -0.55 -0.50 0.07
Thailand -0.01 0.31 0.70
Togo -0.77 -0.61 -0.47
Tonga -0.43 -1.22 -0.18
Trinidad and Tobago 0.61 0.66 0.81
Tunisia -0.22 -0.03 0.37
Turkey -0.07 0.05 0.24
Turkmenistan -2.22 -1.89 -2.18
Tuvalu 0.76 0.35 0.43
Uganda 0.07 -0.02 0.16
Ukraine -0.48 -0.62 -1.22
United Arab Emirates 0.95 0.98 0.53
United Kingdom 1.62 1.78 1.69
United States 1.22 1.48 1.53
Uruguay 0.30 0.47 1.05
Uzbekistan -2.10 -1.44 -1.40
Vanuatu -0.33 -1.20 -0.74
Venezuela -1.24 -0.54 -0.55
Vietnam -0.57 -0.68 -0.65
Yemen -1.04 -0.61 -0.43
Zambia -0.49 -0.56 0.33
Zimbabwe -2.15 -1.7 -1.61

 

Note: Individual country ratings can exceed the normal scale when their estimates of governance are either extremely high or extremely low.

 

Source: This material was derived from the World Bank and reflects the latest available data at the time of publication.

 

 

 

 

 

 

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