Country rankings and indicators have been used by government agencies, non-governmental organizations, development funds, private actors, and academics to measure aspects of governance and the rule of law in countries throughout the world. These measurements are used to assist these entities in making important decisions about where foreign investments should be made, how and where foreign aid should be spent, and what policies should be pursued with respect to these countries. The 2013 Riesenfeld Symposium explored what these indicators measure well, what are their shortcomings and dangers, and how they have changed and evolved in response to criticisms and concerns. The event brought together academics, policymakers, creators and users of indicators for a day-long discussion on this important and timely topic.
Following the event, a cocktail reception and dinner were held at the Bancroft Hotel, where Prof. Dinah Shelton was presented with the Stefan A. Riesenfeld Award for her outstanding contributions to the field of international law.