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Politics and Governance in Emerging Market Countries

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  • Min Liu

Abstract

The rise of emerging market countries is of great significance for improving global governance. This study finds that 30 emerging market countries (E30) 1 , especially those in Africa and Asia, are relatively weak in governance. In the future, improvement in governance would be a critical factor for the economic growth of E30 countries, especially if these countries enjoy political stability. Though most of the E30 countries lack political stability, they have the capability for good governance, and their governments are striving to become more effective, which is particularly true for Asian countries. Unfortunately, for Latin American countries, corruption is a serious problem likely to undermine economic development in the region.

Suggested Citation

  • Min Liu, 2021. "Politics and Governance in Emerging Market Countries," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 13(2), pages 265-286, May.
    • Handle: RePEc:sae:emeeco:v:13:y:2021:i:2:p:265-286
    DOI: 10.1177/09749101211004378
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    More about this item

    Keywords

    Emerging market countries; E30; governance; political stability; governance capacity; control of corruption;
    All these keywords.

    JEL classification:

    • E30 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - General (includes Measurement and Data)

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