Ghana and South Africa were top-ranked in key governance measures in sub-Saharan Africa the World Bank said.
The aid agency's global governance report for 2006, released Tuesday, shows mixed progress of Ghana's performance in the six governance dimensions since 1996, however overall governance has improved and Ghana is doing a lot better that her peers. (Read Full report)
Ghana has improved its civil freedoms, government effectiveness and political stability, but the rule of law has declined and lags behind 2000 figures. The ability of the government to formulate and implement sound policies and regulations that permit and promote private sector development has also fallen. Ghana also made extraordinary progress on corruption over the past decade
The survey moulds indicators such as political stability, democracy, business environment and corruption into an annual snapshot of how the world's 6.6 billion people are governed.
African countries making strides toward good governance include Kenya, Algeria, Sierra Leone and Tanzania, but "other African countries still face enormous government and development challenges," a summary of the report said.
However, global efforts to cut corruption and improve government quality have made little progress in the last 10 years, despite bright spots in Africa and Eastern Europe.
The report shows several regions backsliding or stagnating since 2004 in the fight against graft, including East and South Asia, Latin America and even the rich nations in the Organization for Economic Cooperation and Development (OECD).
The World Bank says companies and individuals pay an estimated 1 trillion dollars in bribes annually, hurting poor people and discouraging investment that otherwise might boost prosperity.
On the positive side, "there is a large number of countries that are showing that in 8-10 years it is possible to significantly improve governance," Kaufmann said.
Finland and Singapore won top honours in fighting corruption. Denmark also won consistently high marks for governance among rich nations, while former Soviet states Ukraine, Armenia and Georgia made dramatic gains in the past five years.
The World Bank, which lends some 23 billion dollars a year for aid projects, began highlighting corruption as a drain on development and investment in the 1990s.
The survey combines data from 33 publicly available sources to calculate worldwide governance indicators.Ghana and South Africa were top-ranked in key governance measures in sub-Saharan Africa the World Bank said.
The aid agency's global governance report for 2006, released Tuesday, shows mixed progress of Ghana's performance in the six governance dimensions since 1996, however overall governance has improved and Ghana is doing a lot better that her peers. (Read Full report)
Ghana has improved its civil freedoms, government effectiveness and political stability, but the rule of law has declined and lags behind 2000 figures. The ability of the government to formulate and implement sound policies and regulations that permit and promote private sector development has also fallen. Ghana also made extraordinary progress on corruption over the past decade
The survey moulds indicators such as political stability, democracy, business environment and corruption into an annual snapshot of how the world's 6.6 billion people are governed.
African countries making strides toward good governance include Kenya, Algeria, Sierra Leone and Tanzania, but "other African countries still face enormous government and development challenges," a summary of the report said.
However, global efforts to cut corruption and improve government quality have made little progress in the last 10 years, despite bright spots in Africa and Eastern Europe.
The report shows several regions backsliding or stagnating since 2004 in the fight against graft, including East and South Asia, Latin America and even the rich nations in the Organization for Economic Cooperation and Development (OECD).
The World Bank says companies and individuals pay an estimated 1 trillion dollars in bribes annually, hurting poor people and discouraging investment that otherwise might boost prosperity.
On the positive side, "there is a large number of countries that are showing that in 8-10 years it is possible to significantly improve governance," Kaufmann said.
Finland and Singapore won top honours in fighting corruption. Denmark also won consistently high marks for governance among rich nations, while former Soviet states Ukraine, Armenia and Georgia made dramatic gains in the past five years.
The World Bank, which lends some 23 billion dollars a year for aid projects, began highlighting corruption as a drain on development and investment in the 1990s.
The survey combines data from 33 publicly available sources to calculate worldwide governance indicators.