scholarly journals SUPPORT OF DEMOCRATIC POLITICAL SYSTEM BY SOCIETY AS A FACTOR OF GOVERNMENT EFFICIENCY

2021 ◽  
Vol 2 (5) ◽  
pp. 55-63
Author(s):  
Oleg Tkach ◽  
◽  
Anatoly Tkach ◽  
Keyword(s):  
Public Administration ◽  
World Bank ◽  
Political Stability ◽  
Policy Formulation ◽  
Risk Indicators ◽  
World Bank Group ◽  
The World Bank ◽  
The World ◽  
Government Efficiency

The problem of the level of support for governments and leaders as a factor of inefficient governance is analyzed. The consequences affect the character of the regime and reduce the level of support for democratic systems. Efficiency of governments, support of economic growth, provision of quality medical care, fight against crime affect the attitude of the population to democracy. The level of satisfaction with democracy is determined by fluctuations in economic indicators, the level of crime. Support for democracy remains relatively immune to changes in government efficiency. When developing performance indicators, it is recommended to use the "rule of four C": clarity (clearness); completeness; complexity and consistency. Indicators must be specific, real and, most importantly, quantifiable. The Government Performance Index is an index developed by the World Bank Group that measures the quality of public services, civil service, policy formulation, policy implementation, and confidence in the government's commitment to improving or maintaining these qualities at a high level. The World Bank publishes an index of government effectiveness among the other five global indicators of governance: accountability, political stability, quality of regulation, rule of law and control of corruption. These indices are considered measurements of management. The Public Administration Efficiency Index uses forty-seven variables (quality of bureaucracy, infrastructure for distribution of goods and services) from thirty-two sources, Global Insight business conditions and risk indicators. These variables are then combined using a component model. As an indicator, the index of public administration efficiency does not allow to identify specific problems of the country, to analyze specific solutions, but it is a tool for comparing countries, to measure the trend of improvement in a particular mode. Government efficiency is correlated with life satisfaction, GDP per capita, and education expenditures, which promotes democratic development.

Unveiling the Theoretical Mistakes in the World Bank Formation and its Implication on Survival of Africa Monetary Union

2019 ◽  
Vol 10 (1) ◽  
pp. 119-124
Author(s):  
Olatunji Abdul Shobande ◽  
Kingsley Chinonso Mark
Keyword(s):  
World Bank ◽  
Monetary Union ◽  
Political Interest ◽  
World Bank Group ◽  
Policy Makers ◽  
The World Bank ◽  
The World ◽  
Bank Group ◽  
The Stability ◽  
Developed Nations

Abstract The quest for urgent solution to resolve the world liquidity problem has continued to generate enthusiastic debates among political economists, policy makers and the academia. The argument has focused on whether the World Bank Group was established to enhance the stability of international financial system or meant to enrich the developed nations. This study argues that the existing political interest of the World Bank Group in Africa may serve as lesson learned to other ambitious African Monetary Union.

scholarly journals RELAÇÃO ENTRE OS INDICADORES DE GOVERNANÇA DOS PAÍSES E O ÍNDICE DE DESENVOLVIMENTO HUMANO

2019 ◽  
Vol 16 (1) ◽  
pp. 53 ◽  
Author(s):  
Antonio Aguiar Filho ◽  
Marco Antônio Tomé ◽  
Adilson De Brito Farias ◽  
Celso Machado Machado Junior ◽  
Daielly Melina Nassif Mantovani Ribeiro
Keyword(s):  
Quality Of Life ◽  
Sustainable Development ◽  
Human Development ◽  
World Bank ◽  
Human Development Index ◽  
Significant Positive Correlation ◽  
The World Bank ◽  
Development Level ◽  
The World

O desenvolvimento humano dos países se trata de um tema em destaque que exige ações governamentais para a melhoria da qualidade de vida de seus cidadãos. O problema de dimensionar este desenvolvimento frente às ações de governo determina o objetivo de analisar a existência de correlação entre os indicadores de governança dos países calculados pelo Banco Mundial (WGI) com o índice de desenvolvimento humano calculado pela Organização das nações Unidas (IDH). Para investigar essa hipótese foram efetuadas análises de correlação entre o IDH e as seis dimensões de governança do WGI. Os resultados da pesquisa confirmam a existência de significativa correlação positiva entre o IDH e o WGI, estabelecendo assim o entendimento da complementariedade destes indicadores, e a possibilidade de sua utilização no estabelecimento de ações governamentais.Palavras-chave: Governança dos países. WGI. Desenvolvimento humano. IDH. Desenvolvimento sustentável.ABSTRACTThe human development level of the countries is a key issue that requires government actions to improve the quality of life of its citizens. The problem of dimensioning this development in relation to government actions determines the objective of analyzing the existence of a correlation between the indicators of governance of the countries calculated by the World Bank (WGI) and the human development index calculated by the United Nations (IDH). To investigate this hypothesis, correlation analyzes were performed between HDI and the six governance dimensions of WGI. The results of the research confirm the existence of a significant positive correlation between the HDI and the WGI, thus establishing the understanding of the complementarity of these indicators and the possibility of their use in the establishment of governmental actions.Keywords: Worldwide governance. WGI. Human development. HDI. Sustainable development.

scholarly journals EVALUATION OF SOME BUSINESS MACRO ENVIRONMENT FORECASTING METHODS

2006 ◽  
Vol 7 (3) ◽  
pp. 111-117 ◽  
Author(s):  
Vulfs Kozlinskis ◽  
Kristine Guseva
Keyword(s):  
World Bank ◽  
Future Expectations ◽  
The World Bank ◽  
Forecasting Methods ◽  
The World ◽  
Survey Results ◽  
System Of Parameters ◽  
Key Indicators ◽  
Further Development

Latest studies in the field of business macro environment (BME) assessment and forecasting have been undertaken and successfully implemented by the World Bank (2003–2004). Considerable contribution to the field has been made by Nobel Prize winners in Economics F. Kydland and E. Prescott in 2004. Nonetheless, a number of issues concerning BME evaluation and forecasting is still left unstudied. The Article highlights two major issues of BME: the fist part of the paper is focused on assessment of BME and the quality of BME development prognosis made by entrepreneurs. Based on key findings the following second part of the research examines the accuracy (validity) of businessmen prognosis and identifies key indicators businessmen rely on for formulating their future expectations. For that purpose a system of parameters and trends, as well as entrepreneurs’ survey results have been applied. The study concludes by illustrating the effect of inaccurately formulated prognosis and expectation on further development of BME events in conjunction with new assessment and forecasting proposals.

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