The Microeconomics of Public Choice in Developing Economies: A Case Study of One Mexican Village

THE ANNUAL PROCEEDINGS OF THE WEALTH AND WELL-BEING OF NATIONS, p. 51, Emily Chamlee-Wright, ed., Beloit College, 2010

14 Pages Posted: 7 Oct 2011

See all articles by Tyler Cowen

Tyler Cowen

George Mason University - Department of Economics; George Mason University - Mercatus Center

Date Written: October 7, 2011

Abstract

While development economics tends to focus on national and international policy, local government and social institutions can also play a critical role in either promoting or inhibiting economic prosperity. In this essay, Cowen describes the significant problems associated with the cargo system of local governance in Opan, Mexico. Despite considerable institutional inefficiencies, Cowen argues that ineffective local governance can sometimes benefit residents in warding off attempts by outside parties to exert political pressure on local officials.

Keywords: cargo system, institutional influence, economic prosperity

JEL Classification: O12

Suggested Citation

Cowen, Tyler, The Microeconomics of Public Choice in Developing Economies: A Case Study of One Mexican Village (October 7, 2011). THE ANNUAL PROCEEDINGS OF THE WEALTH AND WELL-BEING OF NATIONS, p. 51, Emily Chamlee-Wright, ed., Beloit College, 2010, Available at SSRN: https://ssrn.com/abstract=1940219

Tyler Cowen (Contact Author)

George Mason University - Department of Economics ( email )

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George Mason University - Mercatus Center ( email )

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HOME PAGE: http://www.mercatus.org/scholars/tyler-cowen

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