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The employment Retirement Income Security Act: An unkindly illusion

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  • Ifediora, John
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    Abstract

    The level of economic development and the path taken to sustain such development are invariably deterministic of chosen forms of governance, and the political realities that inform them. The literature on political economy is near unanimity on this claim, especially as it pertains the experiences of the developing world --- Africa, the Middle East, and parts of Asia. The relationship between economic development and choice of governance is indeed intricate, for it touches all mechanisms by which a society deploys its resources to meet defined goals and expectations, and how it defines and distinguishes itself from others. It is to this relationship that one must appeal in order to understand, not only why countries in sub-Saharan Africa remain economically underdeveloped, but also the forms of government that exist in the sub-continent.

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    Bibliographic Info

    Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 25178.

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    Date of creation: 25 Jan 2003
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    Publication status: Published in Journal of Policy Perspective Issue 2.Vol. 1(2003): pp. 1-12
    Handle: RePEc:pra:mprapa:25178

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    Keywords: Development Economics;

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    1. William A Masters and Margaret S McMillan, 2000. "Climate and Scale in Economic Growth," Economics Series Working Papers WPS/2000-13, University of Oxford, Department of Economics.
    2. Krugman, Paul & Taylor, Lance, 1978. "Contractionary effects of devaluation," Journal of International Economics, Elsevier, vol. 8(3), pages 445-456, August.
    3. Evan Osborne, 2004. "Measuring Bad Governance," Cato Journal, Cato Journal, Cato Institute, vol. 23(3), pages 403-422, Winter.
    4. Sachs, Jeffrey D & Warner, Andrew M, 1997. "Sources of Slow Growth in African Economies," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 6(3), pages 335-76, October.
    5. Peter G. Klein & Hung Luu, 2003. "Politics and Productivity," Economic Inquiry, Western Economic Association International, vol. 41(3), pages 433-447, July.
    6. Mauro, Paolo, 1995. "Corruption and Growth," The Quarterly Journal of Economics, MIT Press, vol. 110(3), pages 681-712, August.
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