The Road to Improvement – a study by PFMConnect

FORMBY, U.K. - May 16, 2024 - PRLog -- A new study by PFMConnect, an international development consultancy, using data from the World Bank, the World Health Organisation (WHO) and the United Nations Development Programme (UNDP)  establishes links between standards of governance and the impact they have on outcomes for people.

Positive relationships were established between four World Bank governance indicators (namely government effectiveness, regulatory quality, rule of law as well as control of corruption); and socio-economic measures published by the WHO and UNDP covering health, schooling, life expectancy and wealth performance. The study also suggested that the longer female schooling resulted in higher female income generation.

The study findings suggest that national leaders should seek to improve the quality of governance as a contributor to the improvement in service outcomes. In addition, the link between female schooling and female income generation provides powerful support for female education on economic grounds alone. The World Justice Project, Rule of Law Index is singled out as providing an analytical format that could help in this process.

PFMConnect intends to follow through these findings with further work on the linkage between governance and socio-economic improvement in different parts of the world.

The study is available on PFMConnect's blog at https://blog-pfmconnect.com/the-road-to-improvement-gover.....

About PFMConnect. PFMConnect is a consultancy providing online support in the fields of public finance and digital communication. PFM directors, David Fellows and John Leonardo, have extensive PFM consulting experience and have undertaken PFM assignments in Africa, Asia, the Caribbean, the Pacific and the United Kingdom.