Advanced Search
MyIDEAS: Login to save this paper or follow this series

Rules of the Game and Rules Inside the Game: a Complex Framework of European Development Policies

Contents:

Author Info

  • Garofalo, Maria Rosaria
  • Senatore, Luigi

Abstract

Following the transaction-costs politics (TCP) approach (Dixit 1996), this paper tries to spell out the making of that development policy, as prevailing in the Objective 1 area in Europe from 1999, based on decentralization and multilevel governance, and essentially implied from the success of endogenous growth paradigm. The TCP approach allows for the explanation of both the genesis and evolution of a policy in real time, by considering (i) the policy-making as a set of general rules and of individual intervention actions, and (ii) this set in the same way of incomplete, flexible and dynamic contracts (Williamson 1985). In this theoretical context we reconsider the underlying innovative notion of decentralization, that consists in a devolution process of political power to local agents and their communities, by promoting local partnership rather than a mere administrative delegation of function from central to local level (Bardhan 1996). The outcome (success or failure) of this development policy approach is strictly connected either with new frame of governance rules or with their feasible "use": this means that a rules scheme would be not neutral with respect to objectives choices (Stiglitz 2001). In short, we refer to the agency model in order to explain either the enforcement process of rules or local implementation of specific development policies and measures. Finally the outcome policy will be not predetermined, but it will depend from how the agents (formal, informal, individual, groups, organisations) interact inside a community, that benefits by the set of development measures (complementarity) (Aoki 2001;Ray 2000).

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://mpra.ub.uni-muenchen.de/7003/
File Function: original version
Download Restriction: no

Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 7003.

as in new window
Length:
Date of creation: 2002
Date of revision:
Handle: RePEc:pra:mprapa:7003

Contact details of provider:
Postal: Schackstr. 4, D-80539 Munich, Germany
Phone: +49-(0)89-2180-2219
Fax: +49-(0)89-2180-3900
Web page: http://mpra.ub.uni-muenchen.de
More information through EDIRC

Related research

Keywords: development policies; transaction-costs; agency model ; multiprincipals; multiagents; collusion; social norms; complementarity;

Find related papers by JEL classification:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:7003. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht).

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 references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.

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