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Collective Values, Behavioural Norms, and Rules: Building Institutions for Economic Growth and Poverty Reduction

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  • Ke-Young Chu

Abstract

Economic growth and poverty reduction require for a country to establish efficient rules for economic and political transactions. Poor countries suffer from inadequate, inefficient transaction rules. Formal rules (e.g., laws, policies) must be nested in hospitable behavioural norms and values. Cultural collectivism in many of these countries and consequent group-oriented values, factionalism, and discretionary rule implementation have adverse implications for their efforts to establish well-defined property rights and other rules.

Suggested Citation

  • Ke-Young Chu, 2001. "Collective Values, Behavioural Norms, and Rules: Building Institutions for Economic Growth and Poverty Reduction," WIDER Working Paper Series DP2001-98, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:dp2001-98
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    File URL: https://www.wider.unu.edu/sites/default/files/dp2001-98.pdf
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    Citations

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    Cited by:

    1. Aribah Aslam & Amjad Naveed & Ghulam Shabbir, 2021. "Is it an institution, digital or social inclusion that matters for inclusive growth? A panel data analysis," Quality & Quantity: International Journal of Methodology, Springer, vol. 55(1), pages 333-355, February.
    2. Muhamad Rosyid Jazuli & Maimanah Mohammed Idris & Penlope Yaguma, 2022. "The importance of institutional quality: Reviewing the relevance of Indonesia’s Omnibus Law on national competitiveness," Palgrave Communications, Palgrave Macmillan, vol. 9(1), pages 1-13, December.
    3. A. R. Kemal, 2003. "Institutional Change, Growth, and Poverty Levels in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 42(4), pages 299-311.
    4. Ghulam Rasool Madni, 2019. "Probing Institutional Quality Through Ethnic Diversity, Income Inequality and Public Spending," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 142(2), pages 581-595, April.
    5. Mwangi S. Kimenyi, 2005. "Economic Rights, Human Development Effort and Institutions," Working papers 2005-40, University of Connecticut, Department of Economics.

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