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The political dynamics of economic growth

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  • Kunal Sen

Abstract

This paper is an assessment of what we know about the political determinants of economic growth. It begins by setting out the stylized facts of economic growth. The paper suggests that there is a need to shift away from much of the previous literature's emphasis on the determinants of long-run average economic growth (including political determinants), to an understanding of the determinants of within-country growth patterns. The paper proposes a conceptual framework to understand the political channels of within-country growth. Using this framework, it reviews the theoretical and empirical literature on the political determinants of economic growth. It argues that the theoretical and empirical literature do not provide an adequate understanding as yet of the political dynamics of economic growth, and suggests future directions for research in this area.

Suggested Citation

  • Kunal Sen, 2012. "The political dynamics of economic growth," Global Development Institute Working Paper Series esid-005-12, GDI, The University of Manchester.
  • Handle: RePEc:bwp:bwppap:esid-005-12
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    2. Nauro F. Campos & Menelaos G. Karanasos & Bin Tan, 2016. "From Riches to Rags, and Back? Institutional Change, Financial Development and Economic Growth in Argentina since 1890," Journal of Development Studies, Taylor & Francis Journals, vol. 52(2), pages 206-223, February.
    3. repec:eee:streco:v:48:y:2019:i:c:p:117-135 is not listed on IDEAS
    4. Huang, Wei & Lei, Xiaoyan & Sun, Ang, 2015. "The Great Expectations: Impact of One-Child Policy on Education of Girls," IZA Discussion Papers 9301, Institute of Labor Economics (IZA).
    5. Robert Darko Osei & Charles Ackah & George Domfe & Michael Danquah, 2015. "Political settlements, the deals environment and economic growth: The case of Ghana," Global Development Institute Working Paper Series esid-053-15, GDI, The University of Manchester.
    6. Tim Kelsall & Seiha Heng, 2014. "The political economy of inclusive healthcare in Cambodia Guarantee Scheme in India," Global Development Institute Working Paper Series esid-043-14, GDI, The University of Manchester.
    7. repec:oup:cjrecs:v:10:y:2017:i:1:p:189-204. is not listed on IDEAS
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    9. Tom Lavers & Sam Hickey, 2015. "Investigating the political economy of social protection expansion in Africa: At the intersection of transnational ideas and domestic politics," Global Development Institute Working Paper Series esid-047-15, GDI, The University of Manchester.
    10. Anthony Bebbington & Abdul-Gafaru Abdulai & Marja Hinfelaar & Denise Humphreys Bebbington & Cynthia Sanborn, 2017. "Political settlements and the governance of extractive industry: A comparative analysis of the longue duree in Africa and Latin America," Global Development Institute Working Paper Series esid-081-17, GDI, The University of Manchester.
    11. Florian Schaefer & Girum Abebe, 2015. "The case for industrial policy and its application in the Ethiopian cut flower sector," Working Papers 012, Ethiopian Development Research Institute.
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    17. Pritish Behuria & Tom Goodfellow, 2016. "The political settlement and ‘deals environment’ in Rwanda: Unpacking two decades of economic growth," Global Development Institute Working Paper Series esid-057-16, GDI, The University of Manchester.
    18. Tom Lavers, 2018. "Taking ideas seriously within political settlements analysis," Global Development Institute Working Paper Series esid-095-18, GDI, The University of Manchester.
    19. Kunal Sen, 2015. "Growth versus distribution: revisiting the trade-off," Journal of Development Effectiveness, Taylor & Francis Journals, vol. 7(4), pages 471-483, December.
    20. Davide Luca, 2018. "Picking Winners at the Ballot Box: Votes and Local Economic Growth in Turkey," Working Papers 1232, Economic Research Forum, revised 10 Oct 2018.
    21. Papaioannou, Theo & Watkins, Andrew & Mugwagwa, Julius & Kale, Dinar, 2016. "To Lobby or to Partner? Investigating the Shifting Political Strategies of Biopharmaceutical Industry Associations in Innovation Systems of South Africa and India," World Development, Elsevier, vol. 78(C), pages 66-79.
    22. Kunal Sen & Sabyasachi Kar & Jagadish Prasad Sahu, 2014. "The political economy of economic growth in India, 1993-2013," Global Development Institute Working Paper Series esid-044-14, GDI, The University of Manchester.

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