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Please use this identifier to cite or link to this item: http://hdl.handle.net/2344/735

タイトル: The Political Economy of Growth: A Review
著者: Hazama, Yasushi
間, 寧
キーワード: Economic growth
Institutions
Governance
Democracy
Politics
経済成長
制度
ガバナンス
民主主義
政治
Issue Date: Mar-2008
出版者: Institute of Developing Economies, JETRO
引用: IDE Discussion Paper. No. 141. 2008.3
抄録: This cursory literature review discusses the direct and indirect effects of institutions, governance, and democracy on economic growth, and the following conclusions are drawn. First, institutions and governance have a positive effect on growth. Even reforms that are less than comprehensive can stimulate, though not sustain, growth. Second, democracy neither promotes nor hampers growth directly. It secures stability and resilience in growth. It also exerts impacts on sources of growth but its net effect remains inconclusive. There remains unanswered the question of why institutions and governance matter but not democracy does not. The difference may be partly due to negative effects on investment and labor supply as well as the low credibility of young or partial democracies.
URI: http://hdl.handle.net/2344/735
Appears in Collections:04.IDE Discussion Paper
01.経済、産業(Economy and Industry)/特定地域なし(Non Region-specific Studies)

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