Good governance is the key for development that makes one country stand out as more prosperous than the others. In today’s world, government are often being compelled to change their ideas of “good governance ” but it is not an easy task to govern a country in a best way if there are numbers of issues related political traditions and institutional laws. It’s all about efficient governing styles that makes a big difference and take country on the way to prosperity. Best-functioning government means exercise of authority in the most efficient way to formulate and implement sound policies to raise standard of citizens and eliminate root causes of all social evils. Good governance always changes its policies and strategies with the demands and expectations of masses residing in the country to gain respect of citizens and the state for the institutions of states. The connection of government with development has got a special attention these days and it’s become clear that best-quality government institutions have significant positive outcomes on the health and wealth of societies. According to experts, democracy is the best form of governance in the world but most countries lack pure form of democracy due to corrupt system and growing political crisis. Most western governments are doing best jobs to keep policies according to modern demands of its peoples and efficiently implementing laws that generate system which auto nourishes its masses.
World Bank published The Worldwide Governance Indicators (WGI) reports that evaluate efficiency of governments in several countries on the basis of following six indicators.
- Voice and Accountability
- Political Stability and Absence of Violence
- Government Effectiveness
- Regulatory Quality
- Rule of Law
- Control of Corruption.
Top 20 Countries with Best Government in the World.
| Rank | Country | Government Effectiveness: Percentile Rank 2012 | Government Effectiveness: Estimate 2012 |
|---|---|---|---|
| 1. | Finland | 100 | 2.214481623 |
| 2. | Singapore | 99.5215311 | 2.151915944 |
| 3. | Denmark | 99.0430622 | 1.965271628 |
| 4. | Sweden | 98.5645933 | 1.941434839 |
| 5. | Norway | 98.0861244 | 1.892413083 |
| 6. | Switzerland | 97.6076555 | 1.876992243 |
| 7. | Netherlands | 96.6507177 | 1.799715505 |
| 8. | New Zealand | 96.1722488 | 1.790035781 |
| 9. | Liechtenstein | 95.6937799 | 1.764368683 |
| 10. | Canada | 95.215311 | 1.753661796 |
| 11. | Luxembourg | 94.73684211 | 1.658789519 |
| 12. | Australia | 94.25837321 | 1.612142715 |
| 13. | Belgium | 93.77990431 | 1.590699625 |
| 14. | Germany | 93.30143541 | 1.574952652 |
| 15. | Austria | 92.82296651 | 1.557244866 |
| 16. | Ireland | 92.34449761 | 1.529901889 |
| 17. | United Kingdom | 91.86602871 | 1.527088363 |
| 18. | Andorra | 91.38755981 | 1.516758753 |
| 19. | United States | 90.43062201 | 1.511180953 |
| 20. | Iceland | 89.95215311 | 1.485540136 |
Source: World Bank
According to the World bank’s WGI, Finland is currently the world’s best-governed country.
See more of your interest:
- The 10 Countries With The Best Work-Life Balance: OECD
- Top Ten Countries by Highest Proportion of Teenage Brides
- Top Ten Largest Island Countries in the World
- 15 Cheapest Countries with Lowest Cost of Living
- Top 10 Countries with Hottest and Most Beautiful Men
- Top 10 Countries With Highest Quality of Life
- Which are the Top 10 Largest Countries in the World
- Countries With The Most Number Of Public Holidays
- Countries with Highest Fast Food Consumption Rates
- Which is the Smallest Country in the World
