The Political economy of good governance: paper presented at the ICPP3 conference Singapore
Date
2017
Authors
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Journal ISSN
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Publisher
Western Canada, USA : University of Saskatchewan Campus: Johnson-Shoyama Graduate School of Public Policy
Abstract
■ A political economy model of good governance ■ Figure 1The political economy of governance arrangements ■ The economics and politics of governance ■ Figure 2 Payoffs and power ■ Corruption ■ Figure 3 Corruption and governance ■ Ignorance ■ Figure 4 Power, governance and transaction costs ■ Figure 5 Power, governance and the failure to foresee conflict
Description
In recent years there has been a marked increase in interest in what constitutes good government, good governance and quality of government. In addition to a broad consensus that government is no longer the key player in governing the economy, a concern has emerged that pursuing economic growth alone will not generate the best outcomes for society. In this paper we examine these questions through a political economy model of governance in which power, economic payoffs and governance arrangements co-develop.