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

M.G. Quibria ()

Development Economics Working Papers from East Asian Bureau of Economic Research

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)
Date: 2006-01
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Journal Article: Does Governance Matter? Yes, No or Maybe: Some Evidence from Developing Asia (2006) Downloads
Working Paper: Does Governance Matter? Yes, No or Maybe - Some Evidence from Developing Asia (2006) Downloads
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