Discussion Paper

A Quantitative Analysis of the Effect of Governance on the Millennium Development Goals (MDGs): Implications for the Post-2015 Development Agenda

In IGES Discussion Paper No. 2014-02 2015-01

Few dispute that good governance is critical to achieving international development goals such as the Millennium Development Goals (MDGs). But difficulties identifying what makes governance good often leads the international development community to recommend governance reforms that countries either find easy to ignore or struggle to take forward. This paper employs a set of multivariate regression models to help prioritise governance reforms. The models shed light on whether and to what extent the World Bank’s six governance indicators—voice and accountability, political stability, government effectiveness, regulatory quality, rule of law, and control of corruption—were positively correlated with progress on the MDGs in 141 developing countries.

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