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Development Trajectories: An Evolutionary Approach to Integrating Governance and Growth

Author

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  • Levy, Brial

    (World Bank)

Abstract

This note introduces an evolutionary approach to economic and governance reform. It lays out two especially prevalent trajectories that differ starkly from one another in how they prioritize and sequence economic growth, state building, and the development of civil society and political institutions. The first trajectory focuses initially on investments in state capacity. The second initially prioritizes smaller, more catalytic entry points and addresses specific capacity and institutional constraints as and when they become binding. Over the longer term, both trajectories endogenously generate incentives to strengthen institutions that underpin economic competition and political accountability. But over the short to medium term, the strengths of one trajectory are mirrored as the weakness of the other. For many low-income countries, the combination of rapid growth plus a seeming excess of either order or chaos may thus be in the (medium-term) nature of things, rather than an aberration that requires fixing.

Suggested Citation

  • Levy, Brial, 2010. "Development Trajectories: An Evolutionary Approach to Integrating Governance and Growth," World Bank - Economic Premise, The World Bank, issue 15, pages 1-7, May.
  • Handle: RePEc:wbk:prmecp:ep15
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    References listed on IDEAS

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    1. Philip Keefer & Stuti Khemani, 2005. "Democracy, Public Expenditures, and the Poor: Understanding Political Incentives for Providing Public Services," The World Bank Research Observer, World Bank, vol. 20(1), pages 1-27.
    2. Dani Rodrik, 2007. "Introductiion to One Economics, Many Recipes: Globalization, Institutions, and Economic Growth," Introductory Chapters, in: One Economics, Many Recipes: Globalization, Institutions, and Economic Growth, Princeton University Press.
    3. Keefer, Philip & Khemani, Stuti, 2003. "Democracy, public expenditures, and the poor," Policy Research Working Paper Series 3164, The World Bank.
    4. North,Douglass C. & Wallis,John Joseph & Weingast,Barry R., 2013. "Violence and Social Orders," Cambridge Books, Cambridge University Press, number 9781107646995, September.
    5. Levy, Brian & Fukuyama, Francis, 2010. "Development strategies : integrating governance and growth," Policy Research Working Paper Series 5196, The World Bank.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Reena Marwah & Sanika Sulochani Ramanayake, 2019. "The Development Trajectories of Thailand and Sri Lanka: A Comparative Analysis," Millennial Asia, , vol. 10(3), pages 395-416, December.
    2. Lawrence Sáez, 2013. "Methods in governance research: a review of research approaches," Global Development Institute Working Paper Series esid-017-13, GDI, The University of Manchester.
    3. Shigeo Katsu, 2011. "The Challenge of Governance and Institutions for Asia," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 3(3), pages 335-371, September.

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    More about this item

    Keywords

    development; developing countries; governance; growth; reform; state building; civil society; political institutions; competition; low-income countries;
    All these keywords.

    JEL classification:

    • F5 - International Economics - - International Relations, National Security, and International Political Economy
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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