Democratic Governance And Economic Performance
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Author | : Dino Falaschetti |
Publisher | : Springer Science & Business Media |
Total Pages | : 146 |
Release | : 2009-06-02 |
Genre | : Business & Economics |
ISBN | : 0387787070 |
Conventional wisdom warns that unaccountable political and business agents can enrich a few at the expense of many. But logically extending this wisdom implies that associated principals – voters, consumers, shareholders – will favor themselves over the greater good when ‘rules of the game’ instead create too much accountability. Democratic Governance and Economic Performance rigorously develops this hypothesis, and finds statistical evidence and case study illustrations that democratic institutions at various governance levels (e.g., federal, state, corporation) have facilitated opportunistic gains for electoral, consumer, and shareholder principals. To be sure, this conclusion does not dismiss the potential for democratic governance to productively reduce agency costs. Rather, it suggests that policy makers, lawyers, and managers can improve governance by weighing the agency benefits of increased accountability against the distributional costs of favoring principal stakeholders over more general economic opportunities. Carefully considering the fundamentals that give rise to this tradeoff should interest students and scholars working at the intersection of social science and the law, and can help professionals improve their own performance in policy, legal, and business settings.
Author | : Mawere, Munyaradzi |
Publisher | : Langaa RPCIG |
Total Pages | : 422 |
Release | : 2015-10-24 |
Genre | : Social Science |
ISBN | : 9956763004 |
Questions surrounding democracy, governance, and development especially in the view of Africa have provoked acrimonious debates in the past few years. It remains a perennial question why some decades after political independence in Africa the continent continues experiencing bad governance, lagging behind socioeconomically, and its democracy questionable. We admit that a plethora of theories and reasons, including iniquitous and malicious ones, have been conjured in an attempt to explain and answer the questions as to why Africa seems to be lagging behind other continents in issues pertaining to good governance, democracy and socio-economic development. Yet, none of the theories and reasons proffered so far seems to have provided enduring solutions to Africa’s diverse complex problems and predicaments. This book dissects and critically examines the matrix of Africa’s multifaceted problems on governance, democracy and development in an attempt to proffer enduring solutions to the continent’s long-standing political and socio-economic dilemmas and setbacks.
Author | : Yi Feng |
Publisher | : MIT Press |
Total Pages | : 408 |
Release | : 2003 |
Genre | : Business & Economics |
ISBN | : 9780262562119 |
A theoretical and empirical examination of why political institutions and organizations matter in economic growth.
Author | : Dambisa Moyo |
Publisher | : Basic Books |
Total Pages | : 258 |
Release | : 2018-04-24 |
Genre | : Business & Economics |
ISBN | : 0465097472 |
From an internationally acclaimed economist, a provocative call to jump-start economic growth by aggressively overhauling liberal democracy Around the world, people who are angry at stagnant wages and growing inequality have rebelled against established governments and turned to political extremes. Liberal democracy, history's greatest engine of growth, now struggles to overcome unprecedented economic headwinds -- from aging populations to scarce resources to unsustainable debt burdens. Hobbled by short-term thinking and ideological dogma, democracies risk falling prey to nationalism and protectionism that will deliver declining living standards. In Edge of Chaos, Dambisa Moyo shows why economic growth is essential to global stability, and why liberal democracies are failing to produce it today. Rather than turning away from democracy, she argues, we must fundamentally reform it. Edge of Chaos presents a radical blueprint for change in order to galvanize growth and ensure the survival of democracy in the twenty-first century.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 142 |
Release | : 2014-09-15 |
Genre | : |
ISBN | : 9264183639 |
There is growing recognition of the need for new approaches to the ways in which donors support accountability, but no broad agreement on what changed practice looks like. This publication aims to provide more clarity on the emerging practice.
Author | : Amartya Kumar Sen |
Publisher | : |
Total Pages | : 11 |
Release | : 1999 |
Genre | : Democracy |
ISBN | : |
Author | : Geoffrey Gertz |
Publisher | : Brookings Institution Press |
Total Pages | : 308 |
Release | : 2017-09-12 |
Genre | : Business & Economics |
ISBN | : 0815732562 |
" The achievements and legacy of the Wolfensohn Center for Development at Brookings The Imperative of Development highlights the research and policy analysis produced by the Wolfensohn Center for Development at Brookings. The Center, which operated from 2006 to 2011, was the first home at Brookings for research on international development. It sought to help identify effective solutions to key development challenges in order to create a more prosperous and stable world. Founded by James and Elaine Wolfensohn, the Center’s mission was to “to create knowledge that leads to action with real, scaled-up, and lasting development impact.” This volume reviews the Center’s achievements and lasting legacy, combining highlights of its most important research with new essays that examine the context and impact of that research. Six primary research streams of the Wolfensohn Center’s work are highlighted in The Imperative of Development: the shifting structure of the world economy in the twenty-first century; the challenge of scaling up the impact of development interventions; the effectiveness of development assistance; how to promote economic and social inclusion for Middle Eastern youth; the case for investing in early child development; and the need for global governance reform. In each chapter, a scholar associated with the particular research topic provides an overview of the issue and its broader context, then describes the Center’s work on the topic and the subsequent influence and impact of these efforts. The Imperative of Development chronicles the growth and expansion of the first center for development research in Brookings’s 100-year history and traces how the seeds of this initiative continue to bear fruit. "
Author | : David Cortright |
Publisher | : Cambridge University Press |
Total Pages | : 307 |
Release | : 2017-09-21 |
Genre | : Political Science |
ISBN | : 1108415938 |
An evidence-based analysis of governance focusing on the institutional capacities and qualities that reduce the risk of armed conflict.
Author | : Barry R. Weingast |
Publisher | : Oxford University Press, USA |
Total Pages | : 1112 |
Release | : 2008-06-19 |
Genre | : Business & Economics |
ISBN | : 0199548471 |
Over its lifetime, 'political economy' has had different meanings. This handbook views political economy as a synthesis of the various strands of social science, treating it as the methodology of economics applied to the analysis of political behaviour and institutions.
Author | : Matthew M. Taylor |
Publisher | : Cambridge University Press |
Total Pages | : 385 |
Release | : 2020-11-12 |
Genre | : Business & Economics |
ISBN | : 1108842283 |
Complementarities between political and economic institutions have kept Brazil in a low-level economic equilibrium since 1985.