PL EN


2017 | 16 | 51-80
Article title

Socio-Political Governance, Institutional Functioning and Economic Development

Title variants
PL
Zarządzanie społeczno-polityczne, funkcjonowanie instytucjonalne i rozwój ekonomiczny
Languages of publication
EN
Abstracts
EN
As macroeconomic stabilisation and structural adjustment policies have not been particularly successful, it becomes increasingly necessary to consider the role of additional economic parameters in the growth process. In this context, governance (the balance of powers, rational resource management, transparency of rules, involvement of civil society, etc.) has become inextricably linked to the analysis of the development of the countries of the South. Closely related to that of institutions, this notion of governance is a polysemous one. In spite of that, the concept of governance is currently the core question in debates about how international financial organisations use the idea of “good governance”. This paper examines the need for “good governance” as a prerequisite for growth and development for developing countries and studies the possibilities of economic convergence at the international level (i.e. developing countries catching up with industrialised ones) based on the influence of socio-political variables on local governance.
PL
Polityka stabilizacji makroekonomicznej i dostosowania strukturalnego nie odniosła szczególnych sukcesów, dlatego coraz większego znaczenia nabierają rozważania na temat roli dodatkowych parametrów ekonomicznych w procesie wzrostu. W tym kontekście zarządzanie (równowaga sił, racjonalne gospodarowanie zasobami, przejrzystość zasad, zaangażowanie społeczeństwa obywatelskiego itp.) stało się nierozerwalnie związane z analizą rozwoju krajów rozwijających się. Mimo wieloznaczności terminu „zarządzanie”, skądinąd ściśle związanego z pojęciem instytucji, koncepcja zarządzania jest obecnie zasadniczą kwestią w debatach na temat sposobu, w jaki międzynarodowe organizacje finansowe wykorzystują ideę „dobrego zarządzania”. Autorzy analizują potrzebę „dobrego zarządzania” jako wstępnego warunku wzrostu i rozwoju krajów rozwijających się oraz możliwości konwergencji gospodarczej (tj. dogonienia państw uprzemysłowionych przez kraje rozwijające się) na poziomie międzynarodowym, opierając się na wpływie zmiennych społeczno-politycznych na zarządzanie lokalne.
Year
Issue
16
Pages
51-80
Physical description
Contributors
  • Universite Grenoble Alpes, Faculte d'Economie de Grenoble, PACTE, F-38100, CNRS, PACTE, F-38041
  • Lebanese University, Faculty of Tourism, P.O. Box 6573/14 Badaro, Museum Beirut, Lebanon
References
  • Acemoglu, D. and Robinson, J. (2010) “The Role of Institutions in Growth and Development”. Review of Economics and Institutions 1 (2): 1–33, https://doi.org/10.5202/rei.v1i2.14.
  • Aghion, Ph. and Howitt, P. (1998) Endogenous Growth Theory. Cambridge: MIT Press.
  • Aghion, Ph. and Howitt, P. (2009) The Economics of Growth. Cambridge: MIT Press.
  • Aglietta, M. and Berrebi, L. (2007) Désordres dans le capitalisme mondial. Paris: Odile Jacob.
  • Alesina, A. and Perotti, R. (1994) “The Political Economy of Growth. A Critical Survey of the Recent Literature”. The World Bank Economic Review 8 (3): 351–71, https://doi.org/10.1093/wber/8.3.351.
  • Baogang, H. (2012) “The Theory and Practice of Chinese Grassroot Governance. Five Models”. Japanese Journal of Political Science 4 (2): 293–314, https://doi.org/10.1017/s1468109903001105.
  • Barro, R. J. (1996) “Democracy and Growth”. Journal of Economic Growth 1 (1): 1–27, https://doi.org/10.1007/bf00163340.
  • Boyer, R. (2003) “Les institutions dans la théorie de la regulation”. Cahiers d'économie Politique 44 (1): 79–101, https://doi.org/10.3917/cep.044.0079.
  • Boyer, R. (2004) Théorie de la régulation: les Fondamentaux. Repères: 395. Paris: La Découverte.
  • Buchanan, J. M. (1965) “An Economic Theory of Clubs”. Economica 32 (125): 1–14, https://doi.org/10.2307/2552442.
  • Buchanan, J. M. (1984a) “Constitutional Restrictions on the Power Government” in J. M. Buchanan and R. D. Tollison (eds) The Theory of Public Choice II. Ann Arbor: University of Michigan Press.
  • Buchanan, J. M. (1984b) “Politics without Romance: A Sketch of Positive Public Choice Theory and Its Normative Implications” in J. M. Buchanan and R. D. Tollison (eds) The Theory of Public Choice II. Ann Arbor: University of Michigan Press.
  • Buchanan, J. M. and Musgrave, R. A. (2000) Public Finance and Public Choice: Two Contrasting Visions of the State. Cambridge: MIT Press.
  • Buchanan, J. M. and Tullock, G. (1962) The Calculus of Consent: Logical Foundations of Constitutional Democracy. Ann Arbor: University of Michigan Press.
  • Building Partnerships for Good Governance (2000). New York: United Nations.
  • Chang, H.-J. (2011) “Institutions and Economic Development: Theory, Policy and History”. Journal of Institutional Economics 7 (4): 473–98, https://doi.org/10.1017/s1744137410000378.
  • Clague, C., Keefer, P., Knack, S. and Olson, M. (1996) “Property and Contract Rights in Autocracies and Democracies”. Journal of Economics Growth 1 (2): 243–76, https://doi.org/10.1007/bf00138864.
  • Coase, R. (1998) “The New Institutional Economic Review”. The American Economic Review 88 (2): 72–74.
  • Downs, A. (1957) An Economic Theory of Democracy. New York: Harper and Row.
  • Easterly, W. (2001) The Elusive Quest for Growth: Economists’ Adventures and Misadventures in the Tropics. Cambridge: MIT Press.
  • Entering the 21st Century. World Development Report 1999–2000 (2000). World Bank. New York: Oxford University Press.
  • Governance and Development (1992). Washington, D. C.: World Bank.
  • Hall, P. and Soskice, D. (2001) Varieties of Capitalism: The Institutional Foundations of Comparative Advantage. Oxford: Oxford University Press.
  • Huynh, K. P. and Jacho-Chavéz, D. T. (2009) “Growth and Governance: A Nonparametric Analysis”. Journal of Comparative Economics 37 (1): 121–43, https://doi.org/10.1016/j.jce.2008.08.003.
  • Institutional Economics (1988) vol. 3, ed. W. J. Samuels. Aldershot: Edward Elgar Publishing.
  • Is Good Governance Good for Development? (2012) eds J. K. Sundaram, A. Chowdhury. London: Bloomsbury Academic.
  • Isham, J., Kaufmann, D. and Pritchett, L. H. (1997) “Civil Liberties, Democracy, and the Performances of Government Projects”. The World Bank Economic Review 11 (2): 219–42, https://doi.org/10.1093/wber/11.2.219.
  • Kapur, D. and Webber, R. (2000) Governance-related Conditionalities of the IFIs’. Geneva: UNCTAD.
  • Kaufmann, D., Kraay, A. and Mastruzzi, M. (2008) Governance Matters VII: Aggregate and Individual Governance Indicators. Washigton, D.C.: World Bank.
  • Kaufmann, D., Kraay, A., and Mastruzzi, M. (2010) The Worldwide Governance Indicators: Methodology and Analytical Issues. Washington, D.C.: World Bank.
  • Keynes, J. M. (1936) The General Theory of Employment, Interest and Money. London: Macmillan Cambridge University Press.
  • Khan, M. H. (2010) Political Settlements and the Governance of Growth-enhancing Institutions. London: DFID, http://mercury.soas.ac.uk/users/mk17/Docs/Political%20Settlements%20internet.pdf. Accessed: 22 February 2017.
  • Knack, S. and Keefer, P. (1995) “Institutions and Economic Performance: Cross-country Tests Using Alternative Institutional Measures”. Economics and Politics 7 (3): 207–27, https://doi.org/10.1111/j.1468-0343.1995.tb00111.x.
  • Krugman, P. (1987) “Is Free Trade Passé?”. Journal of Economic Perspectives 1 (2): 131–44, https://doi.org/10.1257/jep.1.2.131.
  • Krugman, P. (1999) Can Deflation Be Prevented? February, http://web.mit.edu/krugman/www/deflator.html. Accessed: 2 March 2017.
  • Kurtz, M. and Schrank, A. (2007) “Growth and Governance: Models, Measures, and Mechanisms”. The Journal of Politics 69 (2): 538–54, https://doi.org/10.1111/j.1468-2508.2007.00549.x.
  • Loasby, B. J. (1999) Knowledge, Institutions and Evolution in Economics. London–New York: Routledge.
  • Lucas, R. E. (1988) “On the Mechanics of Economic Development”. Journal of Monetary Economics 22 (1): 3–42, https://doi.org/10.1016/0304-3932(88)90168-7.
  • Meisel, N. and Ould Aoudia, J. (2007) La «Bonne Gouvernance» est-elle une Bonne Stratégie de Développement? Paris: DGTPE.
  • North, D. C. (1990) Institutions, Institutional Change and Economic Performance. Cambridge: Cambridge University Press.
  • Olson, M. (1971) The Logic of Collective Action: Public Goods and Theory of Groups. Cambridge: Harvard University Press.
  • Ostrom, E. (2007) “Challenges and Growth: The Development of the Interdisciplinary Field of Institutional Analysis”. Journal of Institutional Economics 3 (3): 239–64, https://doi.org/10.1017/s1744137407000719.
  • Przeworski, A. and Limongi, F. (1993) “Political Regimes and Economic Growth”. Journal of Economic Perspectives 7 (3): 51–69, https://doi.org/10.1257/jep.7.3.51.
  • Rawls, J. (1971) A Theory of Justice. Cambridge: The Belknap Press of Harvard University Press.
  • Robinson, J. A. and Parsons, Q. N. (2006) “State Formation and Governance in Botswana”. Journal of African Economics 15 (1): 100–40, https://doi.org/10.1093/jae/ejk007.
  • Rodrik, D. (2012) The Globalization Paradox. Why Global Markets, States, and Democracy Can’t Coexist? Oxford: Oxford University Press.
  • Romer, P. M. (1986) “Increasing Returns and Long-run Growth”, The Journal of Political Economy 94 (5): 1002–37, https://doi.org/10.1086/261420.
  • Rutherford, M. (1996) Institutions in Economics: The Old and the New Institutionalism. Cambridge: Cambridge University Press.
  • Siroën, J.-M. (2000) “Existe-t-il une théorie hétérodoxe du libre échange”. Cahiers du CERESA 2.
  • Stein, H. (2008) Beyond the World Bank Agenda: An Institutional Approach to Development. Chicago: University of Chicago Press.
  • Stigler, G. J. (1971) “The Theory of Economic Regulation”. The Bell Journal of Economics and Management Science 2: 3–21, https://doi.org/10.2307/3003160.
  • Stiglitz, J. E. (2002) Globalization and Its Discontents. New York: W. W. Norton.
  • Tullock, G. (1965) The Politics of Bureaucracy. Washington, D.C.: Public Affairs Press.
  • Varoudakis, A. (1996) “Régimes non démocratiques et croissance: théorie et estimations”. Revue Economique 47 (3): 831–40, https://doi.org/10.3406/reco.1996.409822.
  • Veblen, T. (1970) Théories de la classe de loisir. Paris: Gallimard.
  • Williamson, O. E. (2005) “The Economics of Governance”. American Economic Review 95 (2): 1–18, https://doi.org/10.1257/000282805774669880.
  • Williamson, O. E. (2010) “Transaction Cost Economics: The Natural Progression”. American Economic Review 100 (3): 673–90, https://doi.org/10.1257/aer.100.3.673.
  • Williamson, O. E. (2014) “The Transaction Cost Economics Project”. Montenegrin Journal of Economics 10 (1): 7–12.
  • Williamson, O. E. (2015) “Ronal Harry Coase: Institutional Economist and Institution Builder”. Journal of Institutional Economics 11 (2): 221–26, https://doi.org/10.1017/s1744137414000174.
Document Type
Publication order reference
Identifiers
YADDA identifier
bwmeta1.element.desklight-f8e34fa4-20d2-4f46-b1aa-b6406bc9a77c
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.