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Governance and Economic Development - A Comparative Institutional Approach (Hardcover)
Loot Price: R4,585
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Governance and Economic Development - A Comparative Institutional Approach (Hardcover)
Series: New Thinking in Political Economy series
Expected to ship within 12 - 17 working days
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The main theme of this study is the political economy of policy
reform in less developed countries and post-socialist countries.
Given the complexity of economic development and transition,
Joachim Ahrens views failures in policy reform, poor public sector
management, rent-seeking, corruption, and over-centralization as
systematic, though not exclusive, instances of institutional
failure. This interdisciplinary study looks for ways of
constructing effective market-enhancing governance structures that
provide appropriate incentive systems to cope with such failures.
No blueprint is offered, but the book provides a conceptual
governance framework that can be applied in a comparative way to
analyze economic, political, and social obstacles to policy and
institutional reform. The concept is not only used to analyze the
politico-institutional foundation of policy reform in East Asia and
Eastern Europe, but it also allows to elaborate country specific
strategies to craft institutional safeguards that help overcome
impediments to development and transition. This innovative book,
which overcomes the conventional perspective of a government-market
dichotomy, will be of interest to researchers, students,
policymakers and all those concerned with the impact of the
dialectic interaction between political and economic forces on
economic development.
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