🇲🇼 Malawi Regulatory Quality: Number of Sources — Historical Data

About this Indicator

The Worldwide Governance Indicators (WGI) are a research dataset summarizing the views on the quality of governance provided by a large number of enterprise, citizen and expert survey respondents in industrial and developing countries. Governance consists of the traditions and institutions by which authority in a country is exercised. This includes the process by which governments are selected, monitored and replaced; the capacity of the government to effectively formulate and implement sound policies; and the respect of citizens and the state for the institutions that govern economic and social interactions among them. Number of sources indicates the number of underlying data sources on which the aggregate estimate is based. The WGI are based on a large number of different data sources, capturing the views and experiences of survey respondents and experts in the public and private sectors, as well as various NGOs. These data sources include: (a) surveys of households and firms (e.g. Afrobarometer surveys, Gallup World Poll, and Global Competitiveness Report survey), (b) NGOs (e.g. Global Integrity, Freedom House, Reporters Without Borders), (c) commercial business information providers (e.g. Economist Intelligence Unit, S&P Global, Political Risk Services), and (d) public sector organizations (e.g. CPIA assessments of World Bank and regional development banks). Regulatory Quality captures perceptions of the ability of the government to formulate and implement sound policies and regulations that permit and promote private sector development.