The Role of the State in Economic Development
AbstractThis paper discusses the recent literature on the role of the state in economic development. It concludes that government incentives to enact sound policies are key to economic success. It also discusses the evidence on what happens after episodes of economic and political liberalizations, asking whether political liberalizations strengthen government incentives to enact sound economic policies. The answer is mixed. Most episodes of economic liberalizations are indeed preceded by political liberalizations. But the countries that have done better are those that have managed to open up the economy first, and only later have liberalized their political system. Copyright 2005 Blackwell Publishing Ltd..
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Bibliographic InfoArticle provided by Wiley Blackwell in its journal Kyklos.
Volume (Year): 58 (2005)
Issue (Month): 2 (04)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0023-5962
Other versions of this item:
- Guido Tabellini, 2004. "The Role of the State in Economic Development," Working Papers 265, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Guido Tabellini, 2004. "The Role of the State in Economic Development," CESifo Working Paper Series 1256, CESifo Group Munich.
- Guido Tabellini, 2004. "The Role of the State in Economic Development," Levine's Bibliography 122247000000000720, UCLA Department of Economics.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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