{"title":"Governance and Developing Asia: Concepts, Measurements, Determinants, and Paradoxes","authors":"M. G. Quibria","doi":"10.2139/ssrn.2479216","DOIUrl":"https://doi.org/10.2139/ssrn.2479216","url":null,"abstract":"Recent years have seen the emergence of a considerable volume of literature on governance and its role in economic and social development of a country. This paper provides a critical review of the literature. This review brings into the open a number of serious conceptual, measurement, and data issues as well as the existence of an Asian governance paradox—i.e., a general disjunction between growth and governance in most Asian economies. This paradox seems to suggest that much of the current policy discussion on governance is essentially faith-based. It calls into question the quality of the existing data and the analytical basis of the policy orthodoxy.","PeriodicalId":300478,"journal":{"name":"PSN: Comparative Political Institutions & Development (Topic)","volume":"212 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123286821","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Daron Acemoglu, Francisco A. Gallego, Francisco A. Gallego, James A. Robinson
{"title":"Institutions, Human Capital and Development","authors":"Daron Acemoglu, Francisco A. Gallego, Francisco A. Gallego, James A. Robinson","doi":"10.2139/ssrn.2392106","DOIUrl":"https://doi.org/10.2139/ssrn.2392106","url":null,"abstract":"Comision Nacional de Investigacion Ciencia y Tecnologia (Chile) (CONICYT/Programa de Investigacion Asociativa (project SOC1102))","PeriodicalId":300478,"journal":{"name":"PSN: Comparative Political Institutions & Development (Topic)","volume":"59 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133149811","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Complementary Institutions and Economic Development: A Demonstration Experiment","authors":"Andrew Kloosterman, A. Schotter","doi":"10.2139/ssrn.2253279","DOIUrl":"https://doi.org/10.2139/ssrn.2253279","url":null,"abstract":"This paper considers the problem of why societies develop differently, a question most recently articulated by Acemoglu and Robinson (2012). We follow North (1990) in defining institutions as the \"rules of the game in society.\" The question then becomes why do different societies develop different societal rules? To investigate this we examine a specific type of dynamic game (called an \"Institutional Game\"). Finally, we examine these ideas using what Charles Plott calls a \"Demonstration Experiment\", an experiment whose purpose is simply to demonstrate that the phenomena we are discussing could occur both in the laboratory and in the real world.","PeriodicalId":300478,"journal":{"name":"PSN: Comparative Political Institutions & Development (Topic)","volume":"90 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-04-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115735266","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Political Uncertainty and Public Financing Costs: Evidence from U.S. Gubernatorial Elections and Municipal Bond Markets","authors":"P. Gao, Dermot Murphy, Yaxuan Qi","doi":"10.2139/ssrn.1992200","DOIUrl":"https://doi.org/10.2139/ssrn.1992200","url":null,"abstract":"This research investigates how political uncertainty around U.S. gubernatorial elections influences the borrowing costs of public debt, measured by yields of municipal bonds. We find that yields of municipal bonds increase sharply by 6 to 8 basis points before elections and then reverse afterward. Elections have more pronounced impact during economic downturns, when outcomes are less predictable, and when states have more outstanding debt. Several state institutions, such as GAAP-budgeting, spending limits and tax-increase limits, help to mitigate the adverse impact of political uncertainty. Evidence from detailed municipal bonds transactions suggests that declining demand due to investor aversion to political uncertainty is the driving force behind the increases in yields prior to elections. The findings suggest that investors are averse to political uncertainty and demand compensation for bearing this risk.","PeriodicalId":300478,"journal":{"name":"PSN: Comparative Political Institutions & Development (Topic)","volume":"170 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2012-12-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122139140","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
L. Schaap, C. Geurtz, Laurens de Graaf, N. Karsten
{"title":"Innovations in Sub-National Government in Europe","authors":"L. Schaap, C. Geurtz, Laurens de Graaf, N. Karsten","doi":"10.5209/POSO.22678","DOIUrl":"https://doi.org/10.5209/POSO.22678","url":null,"abstract":"Improvement in government is often rooted in decentralised layers of government. In this article the authors discuss the recent history of innovations in sub-national government in Europe. They focus on two general trends and developments. Cases of interesting practices and developments illustrate the general trends. For each general trend a distinction is made between two kinds of innovations: structural reforms and new ways of working within existing institutional settings. The first trend concerns changing relations between government, civil society and citizens, in response to the increased contestation of the nature of traditional representative democracy. Examples of structural reforms are: increased citizen participation, the expanded use of referenda and the introduction of the directly elected mayor. New ways of working are: forms of coproduction between the public sector and the third sector. The second trend described in this article is change within government itself, mainly the rise of ‘governance’ and changing administrative scales. Structural reforms take several forms: scale enlargement to enhance system capacity, scale reduction to enhance system capacity, scale enlargement to enhance citizen effectiveness, and scale reduction to enhance citizen effectiveness. Next to them, new ways of working can be observed within governments: cross-boarder co-operations, inter-municipal co-operations, and new forms of performance assessment and fiscal management. The authors conclude the article with a few challenges to both academics and governments.","PeriodicalId":300478,"journal":{"name":"PSN: Comparative Political Institutions & Development (Topic)","volume":"28 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2010-12-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114758105","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A Method for Estimating Local and National Good Governance Indices","authors":"Thanakorn Sornkaew","doi":"10.2139/ssrn.3067194","DOIUrl":"https://doi.org/10.2139/ssrn.3067194","url":null,"abstract":"In this paper, a method for estimating good governance indices is proposed. The six dimensions of good governance indices are voice and accountability, political stability and absence of violence/terrorism, governance effectiveness, regulatory quality, rule of law, and control of corruption. The indicators of each good governance dimension are developed by using World Bank's Worldwide Governance Indicators (WGI) and focus group meeting. Then the principal component analysis is used to select relevant indicators. The local governance indices are estimated by the proposed method which estimates correlation based weights and means of indicators and OLS slope. The data of 3 Thai provinces are used for simulations. The national governance indices are also estimated by using weighted local governance indices.","PeriodicalId":300478,"journal":{"name":"PSN: Comparative Political Institutions & Development (Topic)","volume":"36 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-09-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122239347","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Daniel A. Kaufmann, Aart C. Kraay, Massimo Mastruzzi
{"title":"Governance Matters VII: Aggregate and Individual Governance Indicators, 1996-2007","authors":"Daniel A. Kaufmann, Aart C. Kraay, Massimo Mastruzzi","doi":"10.2139/ssrn.1148386","DOIUrl":"https://doi.org/10.2139/ssrn.1148386","url":null,"abstract":"This paper reports on the latest update of the Worldwide Governance Indicators (WGI) research project, covering 212 countries and territories and measuring six dimensions of governance between 1996 and 2007: Voice and Accountability, Political Stability and Absence of Violence/Terrorism, Government Effectiveness, Regulatory Quality, Rule of Law, and Control of Corruption. The latest aggregate indicators are based on hundreds of specific and disaggregated individual variables measuring various dimensions of governance, taken from 35 data sources provided by 32 different organizations. The data reflect the views on governance of public sector, private sector and NGO experts, as well as thousands of citizen and firm survey respondents worldwide. We also explicitly report the margins of error accompanying each country estimate. These reflect the inherent difficulties in measuring governance using any kind of data. We also briefly describe the evolution of the WGI since its inception, and show that the margins of error on the aggregate governance indicators have declined over the years, even though they still remain non-trivial. We find that even after taking margins of error into account, the WGI permit meaningful cross-country comparisons as well as monitoring progress over time. In less than a decade, a substantial number of countries exhibit statistically significant improvements in at least one dimension of governance, while other countries exhibit deterioration in some dimensions.","PeriodicalId":300478,"journal":{"name":"PSN: Comparative Political Institutions & Development (Topic)","volume":"54 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-06-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128193233","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Dispositivo Histórico Para Asambleas Populares De Base Que Se Proponen Desarrollar Su Poder Constituyente (Historical 'device' base for Popular Assemblies aim to develop their constituent power)","authors":"G. Salazar","doi":"10.2139/SSRN.2768466","DOIUrl":"https://doi.org/10.2139/SSRN.2768466","url":null,"abstract":"Spanish Abstract: Este libro tiene por objeto exponer, desde la historia de Chile, la formacion del poder popular constittuyente, como una herramienta de trabajo para las organizaciones sociales y populares.English Abstract: This text aims to be an historical explanation instrument for social organizations, about the conformation and creation of the popular constituent power. In this way, two historical periods in Chile are explained: period between 1820 to 1828 and 1910 to 1924.","PeriodicalId":300478,"journal":{"name":"PSN: Comparative Political Institutions & Development (Topic)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130999065","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Third Moment in Law and Development Theory and the Emergence of a New Critical Practice (Introduction)","authors":"David M. Trubek, Á. Santos","doi":"10.2139/ssrn.3288136","DOIUrl":"https://doi.org/10.2139/ssrn.3288136","url":null,"abstract":"The study of the relationship between law and economic development goes back at least to the nineteenth century. It is a question that attracted the attention of classical thinkers like Marx and Weber. And there were some early efforts to craft policy in this area; for example, under the Raj, some English Utilitarians tried to put Jeremy Bentham’s ideas about law and economic progress into practice in India. But it was only after World War II that systematic and organized efforts to reform legal systems became part of the practice of international development agencies.<br><br>Initially, development agencies turned to law as an instrument for state policy aimed at generating economic growth. Starting in the 1980s, interest in the role of law in economic development grew, but it was an interest in law more as a framework for market activity than as an instrument of state power. This book argues that, starting in the mid-1990s, development practitioners approached law in a fundamentally new way – as a correction for market failures and as a constitutive part of “development” itself. As a result, “the rule of law” has become significant not only as a tool of development policy, but as an objective for development policy in its own right.<br><br>This book charts the history of this growing interest in the legal field, explores the shifting rationales behind development policy initiatives, and explores in detail the newest – and most surprising – of these rationales. To do that, we trace the history of a body of ideas about law and economic development that have been employed not just by academics but also by development practitioners responsible for allocating funds and designing projects. In this introduction, we refer to that body of ideas as law and development doctrine. Although this doctrine has academic roots in economic and legal theory, it is a practical working tool of development agencies.","PeriodicalId":300478,"journal":{"name":"PSN: Comparative Political Institutions & Development (Topic)","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124822445","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}