This paper reviews and assesses in terms of availability, reliability and transparency existing policy and
outcome indicators that have been found to be linked both directly and indirectly to economic growth and
living standards. Indicators aiming at capturing the political and social situation of countries, as well as
governance-related issues, are examined (e.g. political system, political stability, corruption, crime and
violence). Topics also include product and labour markets, infrastructure, trade, financial indicators and
composite indices of reform.
