
As an Amazon Associate and affiliate partner, Menrva Books earns from qualifying purchases. Learn more
This Is An Open Access Title Available Under The Terms Of A Cc By-nc-nd 4.0 International Licence. It Is Free To Read At Oxford Scholarship Online And Offered As A Free Pdf Download From Oup And Selected Open Access Locations. When Are Developing Countries Able To Initiate Periods Of Rapid Growth And Why Have So Few Of These Countries Been Able To Sustain Growth Over Decades? Deals And Development: The Political Dynamics Of Growth Episodes Seeks To Answer These Questions And Many More Through A Novel Conceptual Framework Built From A Political Economy Of Business-government Relations. Economic Growth For Most Developing Countries Is Not A Linear Process. Growth Instead Proceeds In Booms And Busts, Yet Most Frameworks For Thinking About Economic Growth Are Built On The Faulty Assumption That A Country's Economic Performance Is Largely Stable. Deals And Development Explains How Growth Episodes Emerge And When Growth, Once Ignited, Is Maintained For A Sustained Period. It Applies Its New Framework To Examine The Growth Of Countries Across A Range Of Institutional And Political Contexts In Africa And Asia, Using The Examples Of Bangladesh, Cambodia, India, Malaysia, Thailand, Ghana, Liberia, Malawi, Rwanda And Uganda. Through These Country Analyses It Demonstrates The Explanatory Power Of Its Framework And The Importance Of Feedback Cycles In Which Economic Trends Interact With Political Behaviour To Either Sustain Or Terminate A Growth Episode. Offering A Lens Through Which To Analyse Complex Scenarios And Unwieldy Amounts Of Information, This Book Provides Actionable Levers Of Intervention To Bring Around Reform And Improve A Country's Chance At Achieving Transformative Economic Growth.
This book investigates the political dynamics of growth episodes to determine why developing countries struggle to initiate and sustain periods of rapid economic expansion. The authors, Eric Werker, Kunal Sen, and Lant Pritchett, utilize a political economy framework that centers on the interactions between business and government. By challenging the assumption that economic performance is linear, they argue that growth is episodic and dependent on specific political feedback cycles.
What You Will Find
Scope Limits
Experts recognize this work as a significant contribution to development economics for its focus on the non-linear nature of growth. Readers frequently note the academic density of the prose, which is intended for researchers and policy practitioners interested in institutional reform.
Page Count:
432
Publication Date:
2017-01-01
Publisher:
Oxford University Press
ISBN-10:
0192521659
ISBN-13:
9780192521651