132
Table 64: External Governance Variables
External Governance
Variables
Strength of External
Audit Range 0-7
Financial Statement
Transparency
Range 0-6
Accounting Practices
Range 0-1
External Ratings and
Creditor Monitoring
Range 0-5
External Governance
Index Range 0-19
Surveys
1
2
3
4
1
2
3
4
1
2
3
4
1
2
3
4
1
2
3
4
Albania
6
5.8
5.8
N/A
3
4
3.6
N/A
N/A
1
N/A N/A
1.25
2
N/A
N/A N/A
N/A
N/A
N/A
Algeria
7
7
7
N/A
4.5
4
4
N/A
1
1
1
N/A
N/A
N/A N/A
N/A N/A
N/A
N/A
N/A
Azerbaijan
5
6
5.8
N/A
4
4
4.5
N/A
N/A
1
N/A N/A
2.5
2
N/A
N/A N/A
13
N/A
N/A
Bahrain
7
6
7
7
6
6
6
6
1
1
1
1
1
N/A 3
N/A 15
N/A
17
N/A
Bangladesh
7
7
7
6
4
4.8
5
5
1
1
1
1
1.25
N/A N/A
4
N/A
N/A
N/A
16
Benin
7
7
7
7
6
5
5
5
0
1
1
0
N/A
N/A N/A
N/A N/A
N/A
N/A
N/A
Burkina Faso
7
7
7
7
6
5
5
5
0
1
1
0
N/A
N/A N/A
N/A N/A
N/A
N/A
N/A
Cameroon
7
7
6
N/A
4.5
4
4
N/A
N/A
1
0
N/A
1
N/A N/A
N/A N/A
N/A
N/A
N/A
Chad
7
7
6
N/A
4.5
4
4
N/A
N/A
1
0
N/A
1
N/A N/A
N/A N/A
N/A
N/A
N/A
Egypt
7
7
7
7
5
6
6
6
1
1
1
1
1
3
3
2
14
17
17
16
Gabon
7
7
6
N/A
4.5
4
4
N/A
N/A
1
0
N/A
1
N/A N/A
N/A N/A
N/A
N/A
N/A
Gambia
3
3
5.25
6
4
3
3.6
3.6
N/A
1
N/A 0
0
N/A N/A
2
N/A
N/A
N/A
N/A
Guinea
N/A
7
N/A
N/A
N/A 6
N/A N/A
N/A
1
N/A N/A
N/A
N/A N/A
N/A N/A
N/A
N/A
N/A
Guyana
5
6
7
7
5
4
5
6
1
1
1
1
1
2
N/A
2
12
13
N/A
16
Indonesia
5
7
7
7
4
6
5
6
1
1
1
1
2.5
N/A 3
3
N/A
N/A
16
17
Iraq
N/A
N/A
N/A
7
N/A N/A
N/A 5
N/A
N/A N/A 0
N/A
N/A N/A
N/A N/A
N/A
N/A
N/A
Jordan
7
6
6
7
5
5
5
6
1
1
1
1
1.25
N/A N/A
N/A N/A
N/A
N/A
N/A
Kazakhstan
7
7
5
N/A
3
3
4
2
0
0
0
N/A
1.25
2
N/A
N/A N/A
12
N/A
N/A
Kuwait
6
6
7
6
6
6
6
6
1
1
1
1
3
4
N/A
N/A N/A
17
N/A
N/A
Kyrgyz Republic
5
4
N/A
5
4
5
5
4
1
1
1
1
1.25
N/A 2
N/A N/A
N/A
14
N/A
Lebanon
7
7
7
7
6
5
5
6
1
1
1
1
2
N/A 2
N/A 16
N/A
15
N/A
Malaysia
7
6
7
5
5
6
6
5
1
1
1
1
2
3
3
3
15
16
17
14




