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
Date Written: October 7, 2011
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: Suggested Citation