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Democratic Governance and Economic Performance

Author : Dino Falaschetti
Publisher : Springer Science & Business Media
Page : 146 pages
File Size : 10,52 MB
Release : 2009-06-02
Category : Business & Economics
ISBN : 0387787070

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Conventional wisdom warns that unaccountable political and business agents can enrich a few at the expense of many. But logically extending this wisdom implies that associated principals – voters, consumers, shareholders – will favor themselves over the greater good when ‘rules of the game’ instead create too much accountability. Democratic Governance and Economic Performance rigorously develops this hypothesis, and finds statistical evidence and case study illustrations that democratic institutions at various governance levels (e.g., federal, state, corporation) have facilitated opportunistic gains for electoral, consumer, and shareholder principals. To be sure, this conclusion does not dismiss the potential for democratic governance to productively reduce agency costs. Rather, it suggests that policy makers, lawyers, and managers can improve governance by weighing the agency benefits of increased accountability against the distributional costs of favoring principal stakeholders over more general economic opportunities. Carefully considering the fundamentals that give rise to this tradeoff should interest students and scholars working at the intersection of social science and the law, and can help professionals improve their own performance in policy, legal, and business settings.

Democracy, Governance, and Growth

Author : Stephen F. Knack
Publisher : University of Michigan Press
Page : 324 pages
File Size : 44,22 MB
Release : 2003
Category : Business & Economics
ISBN : 9780472068234

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Demonstrates the importance of governance and social institutions to economic performance

Democracy, Governance, and Economic Performance

Author : Yi Feng
Publisher : MIT Press
Page : 408 pages
File Size : 42,38 MB
Release : 2003
Category : Business & Economics
ISBN : 9780262562119

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A theoretical and empirical examination of why political institutions and organizations matter in economic growth.

Democracy, Governance, and Economic Performance

Author : Ian Marsh
Publisher : Brookings Institution Press
Page : 406 pages
File Size : 48,15 MB
Release : 1999
Category : Business & Economics
ISBN :

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"In evaluating democratic development, the study focuses particularly on the condition of parties and party systems. In relation to economic governance, the idea of a developmental state provides a template against which the practices of individual states are evaluated.".

Challenges to Democratic Governance in Developing Countries

Author : Gedeon Mudacumura
Publisher : Springer Science & Business Media
Page : 288 pages
File Size : 35,89 MB
Release : 2014-01-04
Category : Law
ISBN : 3319031430

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​Despite the large amounts of human and financial resources invested to foster democratic governance in developing countries, statistics show that the majority of these countries have not yet achieved significant improvements in living standards. While some regions make strides towards improving the living conditions of their citizens, Sub-Saharan Africa, for instance, is still trapped in poverty with more than 40% of its 600 million people living below the internationally recognized absolute poverty line of one US dollar per day. Poor governance and corruption should be highlighted as the most important systemic factors contributing to poverty in developing countries. As a result the institutional foundations of these countries are weakened, public funds are misappropriated, and policies and programs aimed at reducing poverty and fostering sustainable economic growth are undermined. It is therefore not surprising that a 2008 Transparency International report found a direct link between corruption and the failure of the societal institutions designed to achieve the Millennium Development Goals in the majority of developing countries. This book investigates the problems of democratic governance, particularly as they relate to corruption, and also whether democracy should be based on universal principles or local context and historical factors. It also analyses the rule of law, in promoting democratic governance and curbing corruption and if governmental, non-governmental organizations, and civil societies are effective in promoting democratic governance and curbing corruption. This book will go beyond identifying the challenges and offer plausible solutions that could be adapted to various developing countries. It is premised on the importance of bridging theory and practice, which has been lacking in most local and international development publications, making of interest to scholars and policy-makers alike concerned with public administration in developing countries.​

Governance, Democracy and Development

Author : Anil Kumar Thakur
Publisher : Deep and Deep Publications
Page : 268 pages
File Size : 43,64 MB
Release : 2009
Category : Decentralization in government
ISBN : 9788184501629

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In Indian context.

Politics, Institutions, and the Economic Performance of Nations

Author : Clemens L. J. Siermann
Publisher : Edward Elgar Publishing
Page : 280 pages
File Size : 40,43 MB
Release : 1998
Category : Business & Economics
ISBN :

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This text explores the issues of politics, institutions and the economic performance of nations from an in-depth perspective, challenging conventional theory which claims that democracy promotes economic growth.

The Political Economy of Good Governance

Author : Sisay Asefa
Publisher : W.E. Upjohn Institute
Page : 182 pages
File Size : 14,47 MB
Release : 2015-06-08
Category : Political Science
ISBN : 0880994983

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A notable group of social scientists explore the political economy of good governance and how it relates to performance management, the influence of political parties, education and health issues in developing countries, the economic performance of transition economies, and the effects of climate on poverty.

Democracy and the Korean Economy

Author : Jongryn Mo
Publisher : Hoover Press
Page : 224 pages
File Size : 32,82 MB
Release : 2021-07-21
Category : Business & Economics
ISBN : 0817995536

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South Korea has been one of the great success stories of postwar economic development, rising from one of the poorest nations on earth in the 1960s to become the world's eleventh-largest economy by 1996. But Korea's model of economic development began to unravel in 1987. When the authoritarian rule that helped propel economic performance gave way to increasing public pressure for democracy, the Korean economy was confronted with fundamental transformations. With democracy came increasing consumption, labor activism, and rising wages. Yet many of the old policies of the export-oriented, pro-business authoritarian rule remained in place. The complex and multifaceted economic effects brought about by democratic change have defied analysis—until now. Democracy and the Korean Economy is an authoritative study of the new model of Korean political economy and the first book to analyze the economic impact of democratic change in South Korea. In addition to analyzing patterns of change in major policy areas, authors Jongryn Mo and Chung-in Moon closely examine specific industries—such as automobiles—and the family-controlled industrial conglomerates known as chaebols to analyze their market positions and political influence under both the authoritarian and democratic regimes. They show how conflicts in key policy areas have evolved, identify the political and economic factors that have been important to resolving those conflicts, and reveal the wide range of effects, both subtle and significant, of democratization on the Korean economy and on its economic policy.

Democracy, Governance, and Economic Policy

Author : John Michael Healey
Publisher :
Page : 208 pages
File Size : 29,15 MB
Release : 1994
Category : Africa, Sub-Saharan
ISBN :

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Examines the political dimensions of economic policy making in the 1970s and 1980s.