Numbers of economists of development consider that good governance, defined as the quality management and orientation of development policies has a positive influence on economic performance. The question is what con...Numbers of economists of development consider that good governance, defined as the quality management and orientation of development policies has a positive influence on economic performance. The question is what content the literature gives to the concept of governance. According to the World Bank, good governance is evaluated by the implementation capacity of governance principles of a country, providing a framework for market development and economic growth. Empirical studies tested the relationship between good governance in the sense of “market-enhancing governance” （stimulus institutions market） and showed a positive relationship between good governance and economic growth. However, a good governance policy needs for developing countries to achieve minimum economic growth and political reforms in order to reach a level of development similar to that of industrialized countries. We focus on good governance definition made by the World Bank and criticism formulated by Mushtaq Khan, who reconstructed the notion of Governance Capabilities, taking into account the capacity of states to drive structural change in institutional, political, economic, and social fields, in order to ensure long-term economic growth. Our goal is to use a new concept of governance in order to build a new political economy approach more suitable for emerging countries.展开更多
Several econometric studies(Kauffman,Knack)tested the relationship between good governance in the sense of“market-enhancing governance”(stimulus institutions market)showing a positive relationship between ...Several econometric studies(Kauffman,Knack)tested the relationship between good governance in the sense of“market-enhancing governance”(stimulus institutions market)showing a positive relationship between good governance and economic growth.However,a good governance policy allows developing countries to achieve minimum economic growth and political reforms in order to reach a level of development similar to that of industrialized countries?In this article,we focus on the definition and the development on the concept of good governance by the World Bank and the criticism formulated by Mushtaq Khan,who reconstructed the notion of governance in a broader sense,taking into account the capacity of states to drive structural change in the institutional,political,economic and social fields,in order to ensure long-term economic growth.Our contribution is to examine the concept of good governance and the failure of states taking into account the level of development and governance capacity based on a structure and distribution of political power that evolves over time and may or may not be positive for growth.The assumption we make here is that the so-called good governance policies are relevant only if countries reach an adequate level of economic and social development that enable institutions of good governance to boost growth.展开更多
文摘Numbers of economists of development consider that good governance, defined as the quality management and orientation of development policies has a positive influence on economic performance. The question is what content the literature gives to the concept of governance. According to the World Bank, good governance is evaluated by the implementation capacity of governance principles of a country, providing a framework for market development and economic growth. Empirical studies tested the relationship between good governance in the sense of “market-enhancing governance” （stimulus institutions market） and showed a positive relationship between good governance and economic growth. However, a good governance policy needs for developing countries to achieve minimum economic growth and political reforms in order to reach a level of development similar to that of industrialized countries. We focus on good governance definition made by the World Bank and criticism formulated by Mushtaq Khan, who reconstructed the notion of Governance Capabilities, taking into account the capacity of states to drive structural change in institutional, political, economic, and social fields, in order to ensure long-term economic growth. Our goal is to use a new concept of governance in order to build a new political economy approach more suitable for emerging countries.
文摘Several econometric studies(Kauffman,Knack)tested the relationship between good governance in the sense of“market-enhancing governance”(stimulus institutions market)showing a positive relationship between good governance and economic growth.However,a good governance policy allows developing countries to achieve minimum economic growth and political reforms in order to reach a level of development similar to that of industrialized countries?In this article,we focus on the definition and the development on the concept of good governance by the World Bank and the criticism formulated by Mushtaq Khan,who reconstructed the notion of governance in a broader sense,taking into account the capacity of states to drive structural change in the institutional,political,economic and social fields,in order to ensure long-term economic growth.Our contribution is to examine the concept of good governance and the failure of states taking into account the level of development and governance capacity based on a structure and distribution of political power that evolves over time and may or may not be positive for growth.The assumption we make here is that the so-called good governance policies are relevant only if countries reach an adequate level of economic and social development that enable institutions of good governance to boost growth.
