1. They define (public) governance as the exercise of authority through formal and informal traditions and institutions for the common good, thus encompassing: 1) the process of selecting, monitoring and replacing governments; 2) the capacity to formulate and implement sound policies and deliver public services; 3) the respect of citizens and the state for the institutions that govern economic and social interactions among them. Furthermore, for measurement and analysis purposes, these three dimensions of governance can be further unbundled to comprise two measurable concepts for each of the dimensions above for a total of six components: 1) voice and external accountability; 2) political stability and lack of violence; 3) government effectiveness; 4) lack of regulatory burden; 5) rule of law; 6) control of corruption. The authors present a set of estimates of these six dimensions of governance for four time periods;The index is built using all the indicators,1996
2. Rethinking Bank Regulation
3. In this analysis for theoretical reasons we limited ourselves to the common law and the German/Scandinavian law;Demirg��-Kunt Beck;Bureaucrats or Politicians, NBER Working Papers,2003