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While People All Over The World Today Generally Live Longer, Are More Literate And Richer Than They Were Even A Generation Back, Significant Economic And Social Deprivations Still Haunt Millions Around The World. Poor Governance Is A Root Cause Of Many Such Ills. In This Book, Here Is A Hypothetical Construct Of A Place Where Governance Is Poor, Rule Of Law Is Not Respected, And Justice Is Delayed And Often Denied. Denmark, On The Other Hand, Is Another Hypothetical Construct And Perhaps What Tagore Dreamt Of When He Sang The Praises Of A Place Where The Mind Is Without Fear And The Head Is Held High And Good Governance Prevails. Improving Governance Needs Good, Strong Institutions. Institutions Are Both The Formal And Informal Rules With Which A Society Conducts Itself. Formal Rules, Laws And Regulations Are Essentially Aspirational. Informal Rules Evolve From Shared Beliefs, Social Norms And Local Cultures And Greatly Influence How Well (or Not) Institutions Function In A Society. In A Broad Sense, Three Principal Institutions Comprise A Modern Society: The State, The Markets, And The Community. The Well-being Of A Society Depends Not Only On How These Three Institutions Work On Their Own But Even More Importantly, How Well They Interact And Work Together
This book investigates the critical role of institutional quality in determining societal well-being and the persistent impact of poor governance on global development. The authors, Harinder S. Kohli and Rajat Mohan Nag, utilize their extensive backgrounds in international development and economic policy to construct a comparative framework. They argue that the health of a society is contingent upon the efficacy of three core institutions—the state, the markets, and the community—and how these entities interact through both formal laws and informal social norms.
What You Will Find
Scope Limits
Experts identify this work as a conceptual primer for understanding the structural foundations of modern societies. Readers frequently note that the prose remains accessible while addressing complex institutional dynamics.
Page Count:
0
Publication Date:
2023-01-01
Publisher:
New York : Oxford University Press,
ISBN-10:
0198893116
ISBN-13:
9780191996986
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