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Institutions and Development

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  • Robert H. Bates

Abstract

In late-century Africa, domestic reformers and the international community prescribed political reform as a means for securing policy reform. They sought to put an end to single party and military government and introduced multiparty politics. Using a principal agent framework, the author assesses the logical validity of these efforts. And employing a game theoretic approach, he traces the impact of political reform on political stability. He employs a panel of data from both African and global samples to measure the impact of reform on the economics and politics of Africa. The evidence suggests that reform has measurably curtailed the opportunistic use of politcal power, failed to influence the formulation of macro-economic policy, and increased the likelihood of political disorder. Copyright 2006, Oxford University Press.

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Bibliographic Info

Article provided by Centre for the Study of African Economies (CSAE) in its journal Journal of African Economies.

Volume (Year): 15 (2006)
Issue (Month): 1 (April)
Pages: 10-61

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Handle: RePEc:oup:jafrec:v:15:y:2006:i:1:p:10-61

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Cited by:
  1. Marc Quintyn & Sophia Gollwitzer, 2012. "Institutional Transformations, Polity and Economic Outcomes," IMF Working Papers 12/87, International Monetary Fund.
  2. FOSU, Augustin Kwasi, 2008. "Democracy and growth in Africa: Implications of increasing electoral competitiveness," Economics Letters, Elsevier, vol. 100(3), pages 442-444, September.
  3. Aderoju Oyefusi, 2007. "Oil-dependence and Civil conflict in Nigeria," Economics Series Working Papers WPS/2007-09, University of Oxford, Department of Economics.
  4. Ranis, Gustav, 2010. "Diversity of Communities and Economic Development: An Overview," Working Papers 6, JICA Research Institute.
  5. Ogunleye, Eric Kehinde, 2011. "Emerging Evidence on the Relative Importance of Sectoral Sources of Growth in Sub-Saharan Africa," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
  6. Haque, Tobias A. & Knight, David S. & Jayasuriya, Dinuk S., 2012. "Capacity constraints and public financial management in small Pacific Island countries," Policy Research Working Paper Series 6297, The World Bank.

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