Sustained Macroeconomic Reforms, Tepid Growth: A Governance Puzzle in Bolivia?
AbstractWe are increasingly cognizant of the limits to large cross-country empirical studies in trying to understand in-depth a particular country reality, in ways useful for advice. At the same time, merely relying on a single country account at a particular point in time ignores the historical and comparative cross-country perspective. Worse, an in-depth investigation of a single issue within a country begs the question of whether such particular issue may be fundamental for the country's growth and development relative to other determinants, or not. Further, drawbacks exist from excessive reliance on narrow empirical approaches, or on mere qualitative narrative. Consequently, the approach undertaken here for the case of Bolivia is of an integrated nature, combining the following strands: i) an historical perspective from the twin standpoints of the evolution of the enterprise and government sectors over the past half century; ii) an in-depth review of the literature on explanations of Bolivia's performance; iii) an empirical analysis of the country's enterprise sector performance on the basis of a detailed firm- level survey conducted recently in 80 countries, and, iv) an empirical analysis of Bolivia's public agencies based on a survey of public officials in Bolivia working in over 100 institutions. To provide an additional element of comparability, we also utilize cross-country governance indicators.
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Bibliographic InfoPaper provided by EconWPA in its series Development and Comp Systems with number 0308003.
Length: 53 pages
Date of creation: 26 Aug 2003
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Governance; corruption; indicators; firms; Bolivia;
Find related papers by JEL classification:
- K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
- O5 - Economic Development, Technological Change, and Growth - - Economywide Country Studies
- D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
- J68 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Public Policy
- N16 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Latin America; Caribbean
- P5 - Economic Systems - - Comparative Economic Systems
This paper has been announced in the following NEP Reports:
- NEP-ALL-2003-08-31 (All new papers)
- NEP-DEV-2003-08-31 (Development)
- NEP-LAM-2003-08-31 (Central & South America)
- NEP-LAW-2003-08-31 (Law & Economics)
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