Politics and Growth

27 Pages Posted: 10 Dec 2008

See all articles by Gareth Williams

Gareth Williams

affiliation not provided to SSRN

Alex Duncan

affiliation not provided to SSRN

Pierre Landell-Mills

affiliation not provided to SSRN

Sue Unsworth

affiliation not provided to SSRN

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Abstract

Theories of growth have made progress in understanding the mechanisms of growth in economic terms. However, there is less understanding of the political processes that enable or obstruct these mechanisms. This article provides a four-stage framework to clarify and analyse the connections between politics and growth: (i) discussing the basic conditions essential for growth; (ii) suggesting that whether or not these conditions emerge depends on specific forms of public-private interaction; (iii) linking these relationships to the incentives facing those in political power and investors; and (iv) considering the factors at country level that may help to push incentives in a pro-growth direction.

Suggested Citation

Williams, Gareth and Duncan, Alex and Landell-Mills, Pierre and Unsworth, Sue, Politics and Growth. Development Policy Review, Vol. 27, No. 1, pp. 5-31, January 2009. Available at SSRN: https://ssrn.com/abstract=1313908 or http://dx.doi.org/10.1111/j.1467-7679.2009.00433.x

Gareth Williams

affiliation not provided to SSRN ( email )

Alex Duncan

affiliation not provided to SSRN

No Address Available

Pierre Landell-Mills

affiliation not provided to SSRN

Sue Unsworth

affiliation not provided to SSRN

No Address Available

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