Resource Governance Index

The Resource Governance Index measures how well countries manage their natural resources, like oil, gas, and minerals. It assesses transparency, accountability, and how effectively governments use resource revenues for public benefit. A high score indicates strong governance, with clear rules and reduced corruption, leading to better economic and social outcomes. Conversely, a low score suggests governance challenges, such as mismanagement or corruption, which can hinder development. Essentially, the index helps understanding whether a country’s resource wealth is used responsibly to benefit its citizens.