...of corruption on the business environment. • "Rule of law" includes several indicators measuring the extent to which agents have confidence in, and abide by, the rules of society. The index is constructed using information on the perceived incidence of both violent and nonviolent...

...obtain a measure for the rule of law, Kaufmann et al. aggregate a number of indicators that measure the extent to which agents have confidence in and abide by the rules of society. The indicators include perceptions of the incidence of both violent and non-violent crime, the effectiveness...

...first OECD countries besides Mexico in the ranking, as well as China. 1. The rule of law represents the extent to which agents have confidence in and abide by the rules of society. This indicator includes perceptions of the incidence of both violent and non-violent crimes, the effectiveness...

...policies itself, ie whether their design is market-oriented or interventionist. "Rule of law" indicates "the extent to which agents have confidence in and abide by the rules of society".1 Finally, "control of corruption" combines several corruption-related factors. The average...

...ranked in the 49th percentile and South Africa in the 61st percentile internationally — which measure the extent to which agents have confidence in and abide by the rules of society, perceptions of the incidence of crime, and the effectiveness and predictability of the judiciary.25...

...ingredient 2004 (3) Countries ranged from the worst" to the ' best" 1.5 1.0 1. The rule oflaw represents the extent to which agents have confidence in and abide by the rules of society. This indicator includes perceptions of the incidence of both violent and non-violent crimes, the effectiveness...

...1,000 square kilometers of land area. (World Bank's World Development Indicators) Rule of law measures the extent to which agents have confidence in and abide by the rules of society. These include perceptions of the incidence of crime, the effectiveness and predictability of the judiciary,...

...the remaining indicators assess respect for the governing institutions. The 'rule of law' refers to 'the extent to which agents have confidence in and abide by the rules of society', while 'graft' measures how widespread corruption is in the country.2 Another indicator draws on the...

...Rule of law • Control of corruption The model below uses the rule of law indicator. This measures the extent to which agents have confidence in and abide by the rules of society. It encompasses the respect of citizens and the state for the institutions which govern their interactions....

...generally reflects the effects of corruption on business environment. The index of Rule of Law measures the extent to which agents have confidence in and abide by the rules of society. It includes perceptions of the incidence of crime, effectiveness of the judiciary, and the enforceability...