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The Strathprints institutional repository is a digital archive of University of Strathclyde research outputs. Strathprints provides access to thousands of Open Access research papers by University of Strathclyde researchers, including those from the School of Psychological Sciences & Health - but also papers by researchers based within the Faculties of Science, Engineering, Humanities & Social Sciences, and from the Strathclyde Business School.

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Good governance, institutions and development : beyond the conventional wisdom

Dellepiane Avellaneda, Sebastian (2010) Good governance, institutions and development : beyond the conventional wisdom. British Journal of Political Science, 40 (1). pp. 195-224. ISSN 0007-1234

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Abstract

This article reviews comparative research on institutions and economic performance, identifying analytical gaps in the political economy of growth literature. It also examines core assumptions underpinning the good-governance approach to development. Contrasting experiences of conceptual and policy issues in East Asia and Latin America are discussed. The author suggests future scholarship in this field should distinguish between the rules and the play of the game; move beyond the property rights approach to development; stress the distributional, endogenous nature of institutions; investigate the role of informal constraints and human learning; and consider sources of credible commitment and self-enforcing growth. Focusing on some uncertainties in the accepted wisdom on good governance and development, this article furthers the consolidation of research on the political foundations of prosperity.