variables: 157443
Data license: CC-BY
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157443 | CPIA property rights and rule-based governance rating (1=low to 6=high) | Property rights and rule-based governance assess the extent to which private economic activity is facilitated by an effective legal system and rule-based governance structure in which property and contract rights are reliably respected and enforced. Limitations and exceptions: The CPIA exercise is intended to capture the quality of a country's policies and institutional arrangements, focusing on key elements that are within the country's control, rather than on outcomes (such as economic growth rates) that are influenced by events beyond the country's control. More specifically, the CPIA measures the extent to which a country's policy and institutional framework supports sustainable growth and poverty reduction and, consequently, the effective use of development assistance. Statistical concept and methodology: All criteria within each cluster receive equal weight, and each cluster has a 25 percent weight in the overall score, which is obtained by averaging the average scores of the four clusters. For each of the 16 criteria countries are rated on a scale of 1 (low) to 6 (high). The scores depend on the level of performance in a given year assessed against the criteria, rather than on changes in performance compared with the previous year. All 16 CPIA criteria contain a detailed description of each rating level. In assessing country performance, World Bank staff evaluate the country's performance on each of the criteria and assign a rating. The ratings reflect a variety of indicators, observations, and judgments based on country knowledge and on relevant publicly available indicators. In interpreting the assessment scores, it should be noted that the criteria are designed in a developmentally neutral manner. Accordingly, higher scores can be attained by a country that, given its stage of development, has a policy and institutional framework that more strongly fosters growth and poverty reduction. The country teams that prepare the ratings are very familiar with the country, and their assessments are based on country diagnostic studies prepared by the World Bank or other development organizations and on their own professional judgment. An early consultation is conducted with country authorities to make sure that the assessments are informed by up-to-date information. To ensure that scores are consistent across countries, the process involves two key phases. In the benchmarking phase a small representative sample of countries drawn from all regions is rated. Country teams prepare proposals that are reviewed first at the regional level and then in a Bankwide review process. A similar process is followed to assess the performance of the remaining countries, using the benchmark countries' scores as guideposts. The final ratings are determined following a Bankwide review. The overall numerical IRAI score and the separate criteria scores were first publicly disclosed in June 2006. | 2021-08-10 01:59:03 | 2023-06-15 05:05:42 | IQ.CPA.PROP.XQ | 2005-2019 | 5357 | 18830 | {} |
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