NationMaster - Scatterplot: Economy > Public institution index vs Economy

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Strength of correlation (R squared): 0.718 (this correlation is significant)

	X Axis	Y Axis

Variable:	Economy > Public institution index	Economy > Technology index
Plot Display:	Logarithmic (base 10)	Logarithmic (base 10)
Definition:	Public institution index indicates the state of the country's public institutions.	The technology index denotes the country's technological readiness. This index is created with such indicators as companies spending on R&D, the creativity of its scientific community, personal computer and internet penetration rates.
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 > Growth competitiveness score Economy > Technological achievement Economy > Innovation People > Child Protection > Child labour 5-14 years, % of poorest 20% Media > Phone subscribers
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