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Governance and Development

Jean-Marie Baland, Karl Ove Moene and James Robinson

Chapter Chapter 69 in Handbook of Development Economics, 2010, vol. 5, pp 4597-4656 from Elsevier

Abstract: In this chapter, we discuss whether or not governance is an important source of variation in development experiences. We draw four main conclusions. First, governance is best thought of a subset of institutions and as such emphasis on governance is consistent with much recent academic work. Nevertheless, governance is a quite vague rubric which is difficult to unbundle. Second, the governance of a society is the outcome of a political process and as such is closely related to the literature on the political economy of development. Third, improving governance necessitates understanding the nature of the entire political equilibrium. Finally, an important research frontier is understanding the forces that create or impeded endogenous changes in governance.

Keywords: collective decision-making; cooperation; authoritarianism; developing countries; developing country; development (search for similar items in EconPapers)
JEL-codes: D7 O1 (search for similar items in EconPapers)
Date: 2010
ISBN: 978-0-444-52944-2
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (27)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:devchp:v:5:y:2010:i:c:p:4597-4656

DOI: 10.1016/B978-0-444-52944-2.00007-0

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