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Governance And Economic Growth
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Book Synopsis Democracy, Governance, and Economic Performance by : Yi Feng
Download or read book Democracy, Governance, and Economic Performance written by Yi Feng and published by MIT Press. This book was released on 2003 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: A theoretical and empirical examination of why political institutions and organizations matter in economic growth.
Book Synopsis Governance and Economic Growth by : Mark Gradstein
Download or read book Governance and Economic Growth written by Mark Gradstein and published by World Bank Publications. This book was released on 2003 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Because protection of property rights cannot be appropriated by any individual, it is widely recognized as being the state's responsibility. Moreover, recent empirical evidence suggests that protection of property rights leads to higher investment levels and faster growth. The extent of property rights protection differs significantly across countries. The author integrates the emergence of property rights within a simple growth framework. Drawing on North (1990), he presents a model where economic performance and enforcement of property rights may reinforce each other. Initial conditions determine the economy's convergence to a high-income or a low-income steady state. Existing empirical evidence offers tentative support for this theory.
Book Synopsis The Oxford Handbook of the Quality of Government by : Andreas Bågenholm
Download or read book The Oxford Handbook of the Quality of Government written by Andreas Bågenholm and published by Oxford University Press. This book was released on 2021-07-20 with total page 881 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent research demonstrates that the quality of public institutions is crucial for a number of important environmental, social, economic, and political outcomes, and thereby human well-being. The Quality of Government (QoG) approach directs attention to issues such as impartiality in the exercise of public power, professionalism in public service delivery, effective measures against corruption, and meritocracy instead of patronage and nepotism. This Handbook offers a comprehensive, state-of-the-art overview of this rapidly expanding research field and also identifies viable avenues for future research. The initial chapters focus on theoretical approaches and debates, and the central question of how QoG can be measured. A second set of chapters examines the wealth of empirical research on how QoG relates to democratization, social trust and cohesion, ethnic diversity, happiness and human wellbeing, democratic accountability, economic growth and inequality, political legitimacy, environmental sustainability, gender equality, and the outbreak of civil conflicts. The remaining chapters turn to the perennial issue of which contextual factors and policy approaches—national, local, and international—have proven successful (and not so successful) for increasing QoG. The Quality of Government approach both challenges and complements important strands of inquiry in the social sciences. For research about democratization, QoG adds the importance of taking state capacity into account. For economics, the QoG approach shows that in order to produce economic prosperity, markets need to be embedded in institutions with a certain set of qualities. For development studies, QoG emphasizes that issues relating to corruption are integral to understanding development writ large.
Book Synopsis Economic Governance in the Age of Globalization by : William K. Tabb
Download or read book Economic Governance in the Age of Globalization written by William K. Tabb and published by Columbia University Press. This book was released on 2004 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: The classical models of international free trade that have long been championed by the US, have failed to produce the rapid growth, reduced poverty & stable societies that have been promised. William Tabb advocates a new financial architecture to meet the real needs of the world in the 21st century.
Book Synopsis Democracy, Governance, and Growth by : Stephen F. Knack
Download or read book Democracy, Governance, and Growth written by Stephen F. Knack and published by University of Michigan Press. This book was released on 2003 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Demonstrates the importance of governance and social institutions to economic performance
Book Synopsis Governance and Economic Growth by : Mark Gradstein
Download or read book Governance and Economic Growth written by Mark Gradstein and published by . This book was released on 2016 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Because protection of property rights cannot be appropriated by any individual, it is widely recognized as being the state's responsibility. Moreover, recent empirical evidence suggests that protection of property rights leads to higher investment levels and faster growth. The extent of property rights protection differs significantly across countries. Gradstein integrates the emergence of property rights within a simple growth framework. Drawing on North (1990), he presents a model where economic performance and enforcement of property rights may reinforce each other. Initial conditions determine the economy's convergence to a high-income or a low-income steady state. Existing empirical evidence offers tentative support for this theory.This paper - a product of Public Services, Development Research Group - is part of a larger effort in the group to understand the role of governance for economic development.
Book Synopsis Institutions and Economic Development by : Christopher Clague
Download or read book Institutions and Economic Development written by Christopher Clague and published by . This book was released on 1997-06-10 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: The premise of this text is that economic development and post-communist transitions can be illuminated by economic analysis of institutions. The policies selected and their implementation by government agencies, property rights and participation in community organizations are all analyzed.
Book Synopsis World Development Report 2017 by : World Bank Group
Download or read book World Development Report 2017 written by World Bank Group and published by World Bank Publications. This book was released on 2017-01-23 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why are carefully designed, sensible policies too often not adopted or implemented? When they are, why do they often fail to generate development outcomes such as security, growth, and equity? And why do some bad policies endure? World Development Report 2017: Governance and the Law addresses these fundamental questions, which are at the heart of development. Policy making and policy implementation do not occur in a vacuum. Rather, they take place in complex political and social settings, in which individuals and groups with unequal power interact within changing rules as they pursue conflicting interests. The process of these interactions is what this Report calls governance, and the space in which these interactions take place, the policy arena. The capacity of actors to commit and their willingness to cooperate and coordinate to achieve socially desirable goals are what matter for effectiveness. However, who bargains, who is excluded, and what barriers block entry to the policy arena determine the selection and implementation of policies and, consequently, their impact on development outcomes. Exclusion, capture, and clientelism are manifestations of power asymmetries that lead to failures to achieve security, growth, and equity. The distribution of power in society is partly determined by history. Yet, there is room for positive change. This Report reveals that governance can mitigate, even overcome, power asymmetries to bring about more effective policy interventions that achieve sustainable improvements in security, growth, and equity. This happens by shifting the incentives of those with power, reshaping their preferences in favor of good outcomes, and taking into account the interests of previously excluded participants. These changes can come about through bargains among elites and greater citizen engagement, as well as by international actors supporting rules that strengthen coalitions for reform.
Book Synopsis Governance and Economic Development by : Joachim Ahrens
Download or read book Governance and Economic Development written by Joachim Ahrens and published by Edward Elgar Publishing. This book was released on 2002 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: Outlines a theory of governance and applies it to key problems relating to the implementation of economic reforms in less developed countries and economies in transition.
Download or read book Well Spent written by Mr.Gerd Schwartz and published by International Monetary Fund. This book was released on 2020-09-03 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on the Fund’s analytical and capacity development work, including Public Investment Management Assessments (PIMAs) carried out in more than 60 countries, the new book Well Spent: How Strong Infrastructure Governance Can End Waste in Public Investment will address how countries can attain quality infrastructure outcomes through better infrastructure governance—an issue becoming increasingly important in the context of the Great Lockdown and its economic consequences. It covers critical issues such as infrastructure investment and Sustainable Development Goals, controlling corruption, managing fiscal risks, integrating planning and budgeting, and identifying best practices in project appraisal and selection. It also covers emerging areas in infrastructure governance, such as maintaining and managing public infrastructure assets and building resilience against climate change.
Book Synopsis Handbook of Global Economic Governance by : Manuela Moschella
Download or read book Handbook of Global Economic Governance written by Manuela Moschella and published by Routledge. This book was released on 2013-12-17 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the summer of 2007, the world scenario has been dominated by the US sub-prime mortgage crisis and its repercussions on global financial markets and economic growth. As banks around the world wrote down their losses and governments intervened to rescue domestic financial institutions, financial distress severely hit the real economy leading to what has been widely defined as the worst recession since the 1930s. Under these conditions, along with the immediate concern for stemming the effects of the crisis, policy-makers around the world have been debating the long-term measures that have to be adopted in order to reduce the likelihood of future crises and to ensure stable economic growth. Although this debate has not yet produced significant transformations, it indicates a renewed concern about the institutional architecture that is meant to govern the global economic and financial system. This book tackles the issue of what the governance of the global economic and financial system looks like and what the prospects for its reform are. Specifically, the book will address the following three main themes: Governance: What is governance in the international economic system? What forms does it take? How did it come about? How can we study it?; Functions of governance: What are the functions of global economic governance? Who performs them? What are the rules and mechanisms that make global governance possible? Problems and prospects of governance: What are the problems in global economic governance? Is there a trade-off between legitimacy and efficiency? What are the prospects for reform of global economic governance in the aftermath of the global financial crisis? This book will: _ Provide a thorough analysis of the issues at stake in designing international rules and institutions able to govern the global economy; _ Illustrate and analyze virtually all the main institutions, rules, and arrangements that make up global economic governance, inscribing them within the function these institutions, rules, and arrangements are meant to perform; _ Discuss the problems that affect today’s global economic governance and assess alternative proposals to reform the international financial architecture.
Book Synopsis The Macroeconomics of Corruption by : Maksym Ivanyna
Download or read book The Macroeconomics of Corruption written by Maksym Ivanyna and published by Springer Nature. This book was released on 2021-04-20 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook examines corruption through a macroeconomic lens, exploring the relationship between corruption, fiscal policy, and political economy. It merges macroeconomic growth models with elements of political economic theory to address important applied topics such as income inequality within and across countries, growth slowdowns, and fiscal crises. Revised and updated to include new research findings and recent policy discussions, the second edition contains 15 new sections and 2 new chapters on topics such as public defaults, the wage elasticity of work and the interest elasticity of saving, and the economic and fiscal impact of the 2020 pandemic. Most of the basic ideas are illustrated using a two-period model of government investment that captures the future cost of policies that favor the present. The more subtle and advanced issues are illustrated and, in some cases, quantified, using the overlapping-generations model of economic growth. The models used to illustrate the mechanisms of economic growth are extended to incorporate politics and the behavior of public official. The text concludes with a thorough discussion of policy reforms designed to address the issues discussed in earlier chapters. Intended for students familiar with intermediate-level economics, the second edition contains a technical appendix, expanded end-of-chapter questions and problems, and a complete solutions manual. The second edition also offers updated resources for instructors, including sample syllabi and over 550 multiple choice questions. Offering a unified explanation for the causes and consequences of government failure, fiscal crisis, and needed policy reforms, this text is appropriate for advanced undergraduate and beginning graduate courses in macroeconomics, political economy, and public policy.
Book Synopsis How Growth Really Happens by : Michael Best
Download or read book How Growth Really Happens written by Michael Best and published by Princeton University Press. This book was released on 2021-12-07 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Achieving economic growth is one of today's key challenges. In this groundbreaking book, Michael Best argues that to understand how successful growth happens we need an economic framework that focuses on production, governance, and skills. This production-centric framework is the culmination of three simultaneous journeys. The first has been Best's visits to hundreds of factories worldwide, starting early as the son of a labor organiser and continuing through his work as an academic and industrial consultant. The second is a survey of two hundred years of economic thought from Babbage to Krugman, with stops along the way for Marx, Marshall, Young, Penrose, Richardson, Schumpeter, Kuznets, Abramovitz, Keynes, and Jacobs. The third is a tour of historical episodes of successful and failed transformations, focusing sharply on three core elements -- the production system, business organisation, and skill formation -- and their interconnections. Best makes the case that government should create the institutional infrastructures needed to support these elements and their interconnections rather than subsidise individual enterprises.
Book Synopsis Corruption, Good Governance and Economic Development by : R N Ghosh
Download or read book Corruption, Good Governance and Economic Development written by R N Ghosh and published by World Scientific. This book was released on 2014-12-30 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corruption, Good Governance and Economic Development adopts a non-Eurocentric approach towards good governance issues in Asia and Africa on practical and theoretical levels. Edited by R N Ghosh and M A B Siddique, this volume features contributions from distinguished scholars and policy makers who examine whether there is any correlation between the level of corruption in a country and its rate of economic change. These chapters are the outcome of major papers that were presented in conferences on the topic of “Good Governance and Economic Development” presented in Australia and India in June and December 2009 respectively, and it is hoped that they will bridge the gap in the area of good governance from a non-Western perspective in existing development literature. Contents: Corruption, Crime and Economic Growth:Some Quantitative Measures of Corruption (R N Ghosh and M A B Siddique)Using the Release of Information as an Indicator of Government Transparency (Andrew Williams)Deliberative Democracy, Global Green Information System and Spirituality (Dora Marinova, Vladislav Todorov and Amzad Hossain)Selected Case Studies:Governance, Institutions and Corruption: Negative Sovereignty in Africa(Derek H Aldcroft)Corruption in Bangladesh: Review and Analysis (M A B Siddique)Restoring Sustainable Governance in Bangladesh (Amzad Hossain and Dora Marinova)Crime, Corruption and Economic Growth — A Study in Indian Perspective (Gautam M Chakrabarti)Comparative Crime and Corruption in Different Indian States in the Context of Economic Development (Surajit Kar Purkayastha)A Certain Uncertainty; Assessment of Court Decisions in Tackling Corruption in Indonesia (Rimawan Pradiptyo)Does Governance Reform in a Democratic Transition Country Reduce the Risk of Corruption? Evidence from Indonesia (Budi Setiyono)Conclusion and Policy Implications:Conclusion: Good Governance and Sustainable Development (M A B Siddique and R N Ghosh) Readership: Undergraduates and postgraduates focused on development studies; policymakers with an interest in development issues in Asia and non-governmental organizations. Key Features:The book contains a good deal of useful statistical informationSome of the papers are contributed by distinguished scholars based on evidenceVarious chapters make an in depth analysis of the relationships between corruption and developmentKeywords:Corruption;Good Governance;Transparency;India;Bangladesh;Indonesia;Africa
Book Synopsis Breaking the Barriers to Higher Economic Growth by : Mustapha Kamel Nabli
Download or read book Breaking the Barriers to Higher Economic Growth written by Mustapha Kamel Nabli and published by World Bank Publications. This book was released on 2007-01-01 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world's attention to the countries of the Middle East and North Africa (MENA) region has often been dominated by headline issues: conflict, sanctions, political turmoil, and rising oil prices. Little of this international attention has considered the broad range of development challenges facing this diverse group of countries. Breaking the Barriers reflects the collected thinking of the World Bank's Office of the Chief Economist for the MENA Region on the long-term development challenges facing the region and the reform priorities and strategies for effectively meeting these challenges. It.
Book Synopsis Regulatory Policy and Governance Supporting Economic Growth and Serving the Public Interest by : OECD
Download or read book Regulatory Policy and Governance Supporting Economic Growth and Serving the Public Interest written by OECD and published by OECD Publishing. This book was released on 2011-10-25 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report encourages governments to “think big” about the relevance of regulatory policy and assesses the recent efforts of OECD countries to develop and deepen regulatory policy and governance.
Book Synopsis Foreign Aid Allocation, Governance, and Economic Growth by : Kamiljon T. Akramov
Download or read book Foreign Aid Allocation, Governance, and Economic Growth written by Kamiljon T. Akramov and published by University of Pennsylvania Press. This book was released on 2012-05-22 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: How important is foreign aid in fostering economic growth in developing countries? Does it help recipient countries, hurt them, or have little effect either way? Foreign Aid Allocation, Governance, and Economic Growth investigates this issue by looking at foreign aid by sector rather than treating it as an aggregate amount. Aid can be allocated to a recipient's production sectors (such as agriculture, manufacturing, or mining), economic infrastructure (such as transport, storage, or communications networks or power generation facilities), or social sectors (such as education or healthcare). This book differentiates among various channels through which each of these three categories of foreign aid affects economic growth. The findings suggest that economic aid, including aid to production sectors and economic infrastructure, contributes to economic growth by increasing domestic investment. Aid to social sectors, however, does not appear to have a significant impact on human capital (measured by school enrollment) and economic growth. This study also assesses the degree to which the quality of democratic governance in a recipient country influences foreign aid's effectiveness and finds that democracy is no guarantee of aid effectiveness. In fact, economic aid to less democratic countries can lead to better economic growth, at least initially, provided the aid recipients secure property rights and allow capital accumulation. Although further research into the question is necessary, Foreign Aid Allocation, Governance, and Economic Growth suggests that aid targeted to increasing domestic investment might be an effective means of fostering economic growth in less developed countries.
