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January 1, 1970 edition

Measuring the social and economic development of a country has been done countless times, by means of various accepted formulas. But only in the last decade has the understanding of good governance as the key to effective development been seriously and intensively studied and researched. Based on 40 data sources, and produced by 30 organizations worldwide, since 2002, the Worldwide Governance Indicators have been applied to 200 countries to measure the country's level of governance. This has provided watchdog groups with the necessary tools to monitor policy and initiate reforms, which also helps to immeasurably assess perceptions of corruption among businesses, public officials and politicians. Much of the work can be attributed to Dr. Daniel Kaufmann when the studies were initially conducted at the World Bank Institute, where he worked. For the past two years, Kaufmann has headed the Natural Resources Governance Institute (NRGI), which pioneered the Resource Governance Index to measure the transparency levels of countries in managing their extractive industry. Kaufmann was in Indonesia recently to meet with public figures in government, the business community and members of the local civil society, and to be the keynote speaker at a panel discussion on 'The Impact of Low Oil Prices on Indonesia's Reform Agenda' which was co-organized by the NRGI and Tempo English magazine. He was recently interviewed by journalists Hermien Y Kleden, Sadika Hamid, Gusthida Budiartie dan Edward Stephens from the Tempo Media Group. Excerpts:

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