NationMaster - Scatterplot: Economy > Public institution index vs Economy

Move your mouse over the circles to view country names, and then click to view their profiles.
Note: It will take several minutes to draw this plot the first time you view it. After that all plots should appear much more quickly.
Strength of correlation (R squared): 0.892 (this correlation is strong)

	X Axis	Y Axis

Variable:	Economy > Public institution index	Economy > Growth competitiveness score
Plot Display:	Logarithmic (base 10)	Logarithmic (base 10)
Definition:	Public institution index indicates the state of the country's public institutions.	The GCI, or the Growth competitiveness index, is composed of three pillars, all of which are widely accepted as being critical to economic growth: the quality of the macroeconomic environment, the state of a country's public institutions, and, given the increasing importance of technology in the development process, a country's technological readiness. The GCI aims specifically to gauge the ability of the world's economies to achieve sustained economic growth over the medium to long term.
Source:	World economic forum - Global Competitiveness Report 2004-2005	World economic forum - Global Competitiveness Report 2004-2005
Correlations:	Economy > Growth competitiveness score Crime > Bribery victims Environment > Environmental agreement compliance Economy > Innovation Economy > Technology index	Economy > Technology index Economy > Public institution index Economy > Macroeconomic environment index Economy > Technological achievement Economy > Innovation
	More correlations »	More correlations »

COMMENTARY

Share your thoughts, questions and commentary here