Does Governance Matter? Yes, No or Maybe - Some Evidence from Developing Asia

M.G. Quibria ()

No 02-2006, Working Papers from Singapore Management University, School of Economics

Abstract: This paper seeks to explore the relationship between economic growth and governance performance in Asian developing economies. This exploration yields some interesting conclusions. First, notwithstanding its tremendous economic achievements, the state of governance in Asia is not stellar by international comparison. Indeed, a majority of these countries seem to suffer from a governance deficit. Second, contrary to our expectation, data do not suggest any strong positive link between governance and growth: paradoxically, countries that exhibit surpluses in governance on average grew much slower than those with deficits. The paper ends with some conjecture about this apparent paradox.

Keywords: Governance; Institutions; Growth and Asia (search for similar items in EconPapers)
JEL-codes: O10 O40 O53 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2006-01
New Economics Papers: this item is included in nep-dev and nep-sea
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Citations: View citations in EconPapers (42)

Published in SMU Economics and Statistics Working Paper Series

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Related works:
Journal Article: Does Governance Matter? Yes, No or Maybe: Some Evidence from Developing Asia (2006)
Working Paper: Does Governance Matter? Yes, No or Maybe Some Evidence from Developing Asia (2006)
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