A Review of the Political Economy of Governance: From Property Rights to Voice
Keefer reviews progress made in understanding the effects of different dimensions of governance on economic development, and the sources of good governance. The term governance has been used to embrace concepts that are heterogeneous both with resp...
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Format: | Policy Research Working Paper |
Language: | English en_US |
Published: |
World Bank, Washington, D.C.
2013
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2004/05/4811928/review-political-economy-governance-property-rights-voice http://hdl.handle.net/10986/14078 |
Summary: | Keefer reviews progress made in
understanding the effects of different dimensions of
governance on economic development, and the sources of good
governance. The term governance has been used to embrace
concepts that are heterogeneous both with respect to their
effects on economic development and their genesis. Future
progress in developing policy responses to bad governance
will depend on separately examining these heterogeneous
elements-the security of property rights, the quality of
bureaucratic performance, corruption, voice, and
accountability. Future progress will also depend on
explicitly linking problems of governance to the overarching
political environment and the incentives of governments to
correct those problems. |
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