How do the Worldwide Governance Indicators relate to the World Banks new Governance and Anticorruption Strategy?
On March 21, 2007 the Board of the World Bank approved a new Governance and Anticorruption Strategy (GAC) to help countries and aid donors tackle governance challenges worldwide. Bank staff are currently developing an implementation plan. See www.worldbank.org/wbi/governance for details. The WGI have no official status in the World Bank in general or with the GAC in particular. The WGI are one of a large number of empirical tools that can be used to monitor governance, in the context of the GAC as well as in many other contexts.