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Coalition Politics and Economic Development "Credibility and the Strength of Weak Governments"

Credibility and the Strength of Weak Governments

Coalition Politics and Economic Development "Credibility and the Strength of Weak Governments". Credibility and the Strength of Weak Governments

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  • ISBN:9780521138758
  • Editorial: Cambridge University Press
  • Fecha de la edición:
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  • Dimensiones: 0 cm x 0 cm
  • Nº Pág.:266
  • Idiomas:Ingles,Inglés

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Coalition Politics and Economic Development challenges the conventional wisdom that coalition government hinders necessary policy reform in developing countries. Irfan Nooruddin presents a fresh theory that institutionalized gridlock, by reducing policy volatility and stabilizing investor expectations, is actually good for economic growth. Successful national economic performance, he argues, is the consequence of having the right configuration of national political institutions. Countries in which leaders must compromise to form policy are better able to commit credibly to investors and therefore enjoy higher and more stable rates of economic development. Quantitative analysis of business surveys and national economic data together with historical case studies of five countries provide evidence for these claims. This is an original analysis of the relationship between political institutions and national economic performance in the developing world and will appeal to scholars and advanced students of political economy, economic development and comparative politics.

List of figures
List of tables
Preface
1 Introduction 1
2 Coalition politics and economic development: theory 21
3 Coalition politics and economic development: empirics 58
4 Coalition politics and economic development: mechanisms 103
5 Coalition dharma and India shining 125
6 Developing coalitions in Italy, Spain, Brazil, and Botswana 148
7 Conclusion 168
A Appendix to Chapter 2 177
B Appendix to Chapter 3 202
C Appendix to Chapter 4 207
D Appendix to Chapter 5 208
References 210

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