IDEAS home Printed from https://ideas.repec.org/a/rei/ecoins/v9y2007i17p23-42.html
   My bibliography  Save this article

La efectividad en términos de desarrollo de las instituciones multilaterales bajo restricciones de acción colectiva

Author

Listed:
  • Eduardo Wiesner Durán

    (Wiesner y Asociados)

Abstract

This paper suggests that the best way to evaluate and drive development policy is to understand the root causes that explain the political economy restrictions limiting the developmental effectiveness of multilateral and bilateral institutions. To mitigate the deleterious effects of collective action restrictions this paper recommends a two-pronged interdependent strategy: an enhanced use of ex ante evaluation in all interventions and through a more intensive application of the paper trail approach; and changes of constitutional rules or macro-institutional conditions which determine the decisions made in all institutions.

Suggested Citation

  • Eduardo Wiesner Durán, 2007. "La efectividad en términos de desarrollo de las instituciones multilaterales bajo restricciones de acción colectiva," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 9(17), pages 23-42, July-Dece.
  • Handle: RePEc:rei:ecoins:v:9:y:2007:i:17:p:23-42
    as

    Download full text from publisher

    File URL: http://www.uexternado.edu.co/facecono/ecoinstitucional/workingpapers/ewiesner17.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Torsten Persson & Guido Tabellini, 2004. "Constitutions and Economic Policy," Journal of Economic Perspectives, American Economic Association, vol. 18(1), pages 75-98, Winter.
    2. Stanley Fischer & Allan H. Meltzer & Jeffrey D. Sachs & Nicholas Stern, 2003. "The Future of the IMF and World Bank: Panel Discussion," American Economic Review, American Economic Association, vol. 93(2), pages 45-50, May.
    3. Oliver E. Williamson, 2000. "The New Institutional Economics: Taking Stock, Looking Ahead," Journal of Economic Literature, American Economic Association, vol. 38(3), pages 595-613, September.
    4. Mueller,Dennis C. (ed.), 1997. "Perspectives on Public Choice," Cambridge Books, Cambridge University Press, number 9780521553773.
    5. Colander, David, 1993. "The Lost Art of Economics: Response," Journal of Economic Perspectives, American Economic Association, vol. 7(3), pages 213-215, Summer.
    6. David Colander, 2001. "The Lost Art of Economics," Books, Edward Elgar Publishing, number 2415.
    7. James M. Poterba & Jürgen von Hagen, 1999. "Fiscal Institutions and Fiscal Performance," NBER Books, National Bureau of Economic Research, Inc, number pote99-1, March.
    8. Mueller,Dennis C., 2003. "Public Choice III," Cambridge Books, Cambridge University Press, number 9780521894753.
    9. William F. Shughart II & Laura Razzolini (ed.), 2001. "The Elgar Companion to Public Choice," Books, Edward Elgar Publishing, number 459.
    10. Maria Victoria Murillo & Ben Ross Schneider & Mercedes Iacoviello & Carlos Scartascini & Francisco Monaldi & J. Mark Payne & Cecilia Martínez-Gallardo & Ernesto H. Stein & Koldo Echebarría & Laurence , 2006. "The Politics of Policies: Economic and Social Progress in Latin America: 2006 Report," IDB Publications (Books), Inter-American Development Bank, number 79599 edited by J. Mark Payne & Ernesto H. Stein & Koldo Echebarría & Eduardo Lora & Nancy Morrison & Mariano Tommas, February.
    11. Wiesner, Eduardo, 1985. "Latin American Debt: Lessons and Pending Issues," American Economic Review, American Economic Association, vol. 75(2), pages 191-195, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Benoît Le Maux, 2009. "Governmental behavior in representative democracy: a synthesis of the theoretical literature," Public Choice, Springer, vol. 141(3), pages 447-465, December.
    2. Stefan Voigt, 2011. "Positive constitutional economics II—a survey of recent developments," Public Choice, Springer, vol. 146(1), pages 205-256, January.
    3. Torsten Persson, 2002. "Do Political Institutions Shape Economic Policy?," Econometrica, Econometric Society, vol. 70(3), pages 883-905, May.
    4. Peter Kurrild-Klitgaard, 2018. "Public choice and political science: a view from Europe," Public Choice, Springer, vol. 175(3), pages 245-257, June.
    5. Eduardo Wiesner, 2008. "The Political Economy of Macroeconomic Policy Reform in Latin America," Books, Edward Elgar Publishing, number 12913.
    6. Justesen, Mogens K. & Kurrild-Klitgaard, Peter, 2007. "The constitution of economic growth: Testing the prosperity effects of a Madisonian model on a panel of countries 1980‐2000," MPRA Paper 36063, University Library of Munich, Germany.
    7. Eduardo Wiesner, 2011. "Colombia: la percepción de justicia distributiva y la demanda política por estabilidad macroeconómica," Documentos CEDE 8739, Universidad de los Andes, Facultad de Economía, CEDE.
    8. Dennis Mueller, 2005. "Constitutional political economy in the European Union," Public Choice, Springer, vol. 124(1), pages 57-73, July.
    9. Gebhard Kirchgassner, 2002. "The effects of fiscal institutions on public finance: a survey of the empirical evidence," Chapters, in: Stanley L. Winer & Hirofumi Shibata (ed.), Political Economy and Public Finance, chapter 9, Edward Elgar Publishing.
    10. Eduardo Wiesner, 2004. "El Origen Politico Del Deficit Fiscal En Colombia: El Contexto Institucional 20 Anos Despues," Documentos CEDE 2531, Universidad de los Andes, Facultad de Economía, CEDE.
    11. Francesco Lagona & Fabio Padovano, 2007. "A nonlinear principal component analysis of the relationship between budget rules and fiscal performance in the European Union," Public Choice, Springer, vol. 130(3), pages 401-436, March.
    12. William Shughart & Robert Tollison, 2005. "Public choice in the new century," Public Choice, Springer, vol. 124(1), pages 1-18, July.
    13. Martin Paldam, 2015. "The public choice of university organization: a stylized story of a constitutional reform," Constitutional Political Economy, Springer, vol. 26(2), pages 137-158, June.
    14. Michał Mackiewicz, 2006. "Przyczyny deficytu finansów publicznych w świetle nowej ekonomii politycznej," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 3, pages 1-22.
    15. Isidoro Mazza, 2011. "Public Choice," Chapters, in: Ruth Towse (ed.), A Handbook of Cultural Economics, Second Edition, chapter 51, Edward Elgar Publishing.
    16. Asatryan, Zareh & Castellón, César & Stratmann, Thomas, 2018. "Balanced budget rules and fiscal outcomes: Evidence from historical constitutions," Journal of Public Economics, Elsevier, vol. 167(C), pages 105-119.
    17. Stephen Drinkwater & Colin Jennings, 2007. "Who are the expressive voters?," Public Choice, Springer, vol. 132(1), pages 179-189, July.
    18. Buchen, Clemens, 2010. "Emerging economic systems in Central and Eastern Europe – a qualitative and quantitative assessment," EconStor Theses, ZBW - Leibniz Information Centre for Economics, number 37141, October.
    19. Timothy Besley & Anne Case, 2003. "Political Institutions and Policy Choices: Evidence from the United States," Journal of Economic Literature, American Economic Association, vol. 41(1), pages 7-73, March.
    20. Filippetti, Andrea & Vezzani, Antonio, 2022. "The political economy of public research, or why some governments commit to research more than others," Technological Forecasting and Social Change, Elsevier, vol. 176(C).

    More about this item

    Keywords

    economic development; multilateral institutions; collective action restrictions;
    All these keywords.

    JEL classification:

    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • O20 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rei:ecoins:v:9:y:2007:i:17:p:23-42. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Paola Rodríguez (email available below). General contact details of provider: https://edirc.repec.org/data/feextco.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.