Quibria, M.G. (2003): Growth and Poverty Reduction Does Political Regime Matter? Published in: Growth and Poverty: The Development Experience of Bangladesh ,edited by Sadiq Ahmed and Wahiduddin Mahmud , The University Press Limited , for The (June 2006): pp. 73-92.
Download (633kB) | Preview
This essay explores the relationship between political regime and critical economic outcomes such as economic growth and poverty reduction. The organization of the paper is as follows. Section 2 makes a brief review of the economic performance of developing Asian economies over the last four decades. As these economies have varied significantly in terms of economic outcomes as well as their political complexions, a simple juxtaposition of the two would suggest a link between political regimes and economic outcomes. Given this apparent association between political regimes and economic outcomes, this section argues that the superior economic performance (in terms of economic growth and poverty reduction) of the authoritarian or semi-authoritarian East Asian economies, compared to their democratic counterparts, can be attributed to their underlying differences in the process of policy making, in the nature of the bureaucracy, and in the type of economic governance. Sections 3 through 5 provide further elaboration on this. The paper ends in Section 6, which offers some concluding remarks.
|Item Type:||MPRA Paper|
|Original Title:||Growth and Poverty Reduction Does Political Regime Matter?|
|Keywords:||Political regimes, economic growth, poverty reduction|
|Subjects:||O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O43 - Institutions and Growth
A - General Economics and Teaching > A1 - General Economics > A19 - Other
|Depositing User:||M.G Quibria|
|Date Deposited:||07. Sep 2008 04:52|
|Last Modified:||17. Feb 2013 19:12|
Acemoglu, D., S. Johnson, and J. Robinson, 2001. “An African Success Story: Botswana.” In D. Rodrik, ed., Analytical Development Narratives. Princeton, New Jersey: Princeton University Press.
Bardhan, P., 1999. “Democracy and Development: A Complex Relationship.” University of California at Berkely. Processed.
Barro, R., 1996. “Democracy: A Recipe for Growth?” In M. G. Quibria and J. M. Dowling, eds., Current Issues in Economic Development: An Asian Perspective. New York and Oxford: Oxford University Press.
Chen, S., and M. Ravallion. 2004. How have the World’s Poorest Fared since the Early 1980s? Working Paper Number 3341, World Bank, Washington, D.C.
Dasgupta, P., 2000. “Valuing Objects and Evaluating Policies: An Essay on Economic Well-Being and the Natural Environment.” Cambridge University, Cambridge, U.K. Processed.
Dahl, R. 1971. Polyarchy. New Haven, Connecticut: Yale University Press.
, 1989. Democracy and its Critics. New Haven, Connecticut: Yale University Press.
Dreze, J., and M. Saran, 1997. “Primary Education and Economic Development in China and India: Overview and Two Case Studies.” In K. Basu, P. K. Pattanaik, and K. Suzumura, eds., Choice, Welfare, and Development: A Festschrift in Honor of Amartya Sen. Oxford: Claredon Press.
Evans, P., 1992. “The State as Problem and Solution: Predation, Embedded Autonomy, and Structural Change.” In S. Haggard and R. R. Kaufman, eds., The Politics of Economic Adjustment. Princeton: Princeton University Press.
Fischer, S., 2004. “A Development Strategy for Asian Economies: Korean Perspective.” Presentation at the 37th Meeting of the Asian Development Bank, 15 May, Jeju, Korea.
Haggard, S., 1994. “Politics and Institutions in the World Bank’s East Asia.” In A. Fishlow, C. Gwin, S. Haggard, D. Rodrik, and R. Wade, eds., The World Bank’s East Asia. Overseas Development Council, Washington, D.C.
Hasan, R., M. G. Quibria, and Y. S. Kim, 2003. “Poverty and Economic Freedom: Evidence from Cross-country Data.” University of Hawaii, Honolulu. Processed.
Huntington, S. P., 1968. Political Order in Changing Societies. New Haven, Connecticut: Yale University Press.
Kaufmann, D., A. Kraay, and P. Zoido-Lobaton, 2000. “Governance Matters: From Measurement to Action.” Finance and Development 37(2): http://www.imf.org/external/pubs/ft/fandd/2000/06/kauf.htm
Migdal, J. S., 1988. Strong Societies and Weak States: State-Society Relations and State Capabilities in the Third World. Princeton, New Jersey: Princeton University Press.
National Statistics of Taiwan, the Republic of China. Statistical Abstract of National Income in Taiwan Area. June 2004. http://www.stat.gov.tw/bs4/nis/enisd.htm
Olson, M., 2000. Power and Prosperity: Outgrowing Communist and Capitalist Dictatorships. London and Oxford: Oxford University Press.
Przeworski, A., and F. Limongi, 1993. “Political Regimes and Economic Growth.” Journal of Economic Perspectives 7(3):51–69.
Richardson, B., 1997. Japanese Democracy: Power, Coordination and Performance. New Haven, Connecticut: Yale University Press.
Rodrik, D., 1997. “The ‘Paradoxes’ of Successful States.” European Economic Review 41(3, 5):411–42.
Sen, A., 1983. “Development: Which Way Now?” Economic Journal 93(372):745–62.
Shleifer, A., and R. Vishny, 1993. “Corruption.” Quarterly Journal of Economics 108(3):599–617.
Srinivasan, T. N., 1997. As the Century Turns: Analytics, Empirics, and Politics of Development. Discussion Paper No. 783, Economic Growth Center, Yale University, New Haven, Connecticut.
Varshney, A., 1999. “Democracy and Poverty.” Paper presented at the conference on the World Development Report 2000, 15–16 August, U.K. Department for International Development and the Institute of Development Studies, Sussex, England.
Wade, R. 1997. “How Infrastructure Agencies Motivate Staff: Canal Irrigation in India and the Republic of Korea.” In M. Ashoka, ed., Infrastructure Strategies in East Asia. World Bank, Washington D.C.
Weber, M., 1968. “Bureaucracy.” In G. Roth and C. Wittich, eds., Economy and Society. New York: Bedminester Press.
World Bank, 1993. The East Asian Miracle: Economic Growth and Public Policy. Washington, D.C.
Zakaria, F., 1997. “The Rise of Illiberal Democracy.” Foreign Affairs 76(6):22–43.