EconPapers    
Economics at your fingertips  
 

Why ‘Good Governance’ Fails: Lessons from Regional Economic Development in Colombia

Tobias Franz

International Journal of Urban and Regional Research, 2019, vol. 43, issue 4, 776-785

Abstract: By critically reviewing different strands of literature on institutional change and development, this essay argues that, in order to fully understand subnational economic development, we need to move away from ‘good governance' explanations in which geography‐specific analyses of power structures and elite interests are largely absent. Using findings for Colombia and insights from economic geography and heterodox political economy theories, this essay gives theoretical and conceptual guidelines and approximations for future studies on regional economic development. The contribution provides a place‐based discussion of how the historically evolved distribution of power balances, context‐specific elite interests, and the interaction between place‐bound actors and place‐less dynamics affect subnational institutional arrangements shaping policies and development outcomes. The conclusions drawn are not limited to Colombia and will prove beneficial to researchers studying regional economic development in subnational contexts elsewhere in the world.

Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://doi.org/10.1111/1468-2427.12742

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:ijurrs:v:43:y:2019:i:4:p:776-785

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0309-1317

Access Statistics for this article

International Journal of Urban and Regional Research is currently edited by Alan Harding, Roger Keil and Jeremy Seekings

More articles in International Journal of Urban and Regional Research from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2025-03-19
Handle: RePEc:bla:ijurrs:v:43:y:2019:i:4:p:776-785