Chart 9.1: Index of Governance WORLD BANK CPIA RATINGS Index of Governance WORLD BANK, GOVERNANCE MATTERS INDEX OF ECONOMIC FREEDOM TRANSPARENCY INTERNATIONA, CPI EIU DEMOCRACY INDEX OVERALL INDEX OF GOVERNANCE The rank correlations of each of the five indices with the overall Index of Governance are as follows: • World Bank CPIA Ratings • World Bank, Governance Matters • Index of Economic Freedom • Transparency International • EIU Democracy Index -0.464 0.232 0.607 0.302 0.946 83