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Review Article: Good Governance, Institutions and Economic Development: Beyond the Conventional Wisdom

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  • Dellepiane-Avellaneda, Sebastian

Abstract

This article reviews comparative research on institutions and economic performance, identifying analytical gaps in the political economy of growth literature. It also examines core assumptions underpinning the good-governance approach to development. Contrasting experiences of conceptual and policy issues in East Asia and Latin America are discussed. The author suggests future scholarship in this field should distinguish between the rules and the play of the game; move beyond the property rights approach to development; stress the distributional, endogenous nature of institutions; investigate the role of informal constraints and human learning; and consider sources of credible commitment and self-enforcing growth. Focusing on some uncertainties in the accepted wisdom on good governance and development, this article furthers the consolidation of research on the political foundations of prosperity.

Suggested Citation

  • Dellepiane-Avellaneda, Sebastian, 2010. "Review Article: Good Governance, Institutions and Economic Development: Beyond the Conventional Wisdom," British Journal of Political Science, Cambridge University Press, vol. 40(1), pages 195-224, January.
    • Handle: RePEc:cup:bjposi:v:40:y:2010:i:01:p:195-224_99
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    Cited by:

    1. Oussama Ritahi & Abdellah Echaoui, 2024. "Effects of Corruption, Government Effectiveness and Political stability on Economic Growth: Evidence from Morocco," International Journal of Economics and Financial Issues, Econjournals, vol. 14(4), pages 87-95, July.
    2. Long Thanh Giang & Cuong Viet Nguyen & Hoa Quynh Nguyen, 2020. "The Impacts of Economic Growth and Governance on Migration: Evidence from Vietnam," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 32(4), pages 1195-1229, September.
    3. Björn Halleröd & Hans Ekbrand, 2023. "Is Democracy Associated with Reduction of Poverty, Child Mortality and Child Deprivation in Low-income Countries?," Child Indicators Research, Springer;The International Society of Child Indicators (ISCI), vol. 16(5), pages 2223-2251, October.
    4. Molenaers, Nadia & Dellepiane, Sebastian & Faust, Jorg, 2015. "Political Conditionality and Foreign Aid," World Development, Elsevier, vol. 75(C), pages 2-12.
    5. Antonella Rita Ferrara & Rosanna Nisticò, 2019. "Does Institutional Quality Matter for Multidimensional Well-Being Inequalities? Insights from Italy," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 145(3), pages 1063-1105, October.
    6. Muhammad Azam, 2022. "Governance and Economic Growth: Evidence from 14 Latin America and Caribbean Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(2), pages 1470-1495, June.

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