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Item Details
| Title:
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POLITICAL CREDIBILITY AND ECONOMIC DEVELOPMENT
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| By: |
Silvio Borner, etc., Aymo Brunetti |
| Format: |
Hardback |
| List price:
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£102.00 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
033361769X |
| ISBN 13: |
9780333617694 |
| Publisher: |
PALGRAVE MACMILLAN |
| Pub. date: |
21 June, 1995 |
| Pages: |
216 |
| Description: |
This text examines whether authoritarian or democratic governments are best for economic development. Using ten case studies pitting Latin American countries against Southeast Asian ones, the text concludes that political credibility is the key to economic development. |
| Synopsis: |
Why have the economies of some developing countries fallen back while others have advanced? Why have so many stabilization and structural adjustment programmes failed to deliver growth dividends? This text shows that there is a common and valid answer: political credibility defined as the predictability of the institutional rules of the game. As empirical evidence for this theorem, the book features ten case studies pitting Latin American countries against Southeast Asian ones to reveal the sources of political credibility. Economic openness is the necessary precondition, long-term reputation or democratic participation the sufficient one. It concludes that despite the seemingly superior strength of authoritarian reputation, democratic control is the more successful road. |
| Illustrations: |
biography |
| Publication: |
UK |
| Imprint: |
Palgrave Macmillan |
| Returns: |
Non-returnable |
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