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Does economic governance matter?: Governance institutions and outcomes

Author

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  • Ugur, Mehmet
  • Sunderland, David

Abstract

[Publisher's description] Economic governance institutions (rules, norms and enforcement practices) define the cost and incentive structures that influence the decisions of economic actors. They therefore have a significant impact on micro and macro economic performance across countries and time. This book contributes to the growing governance literature in three ways. Firstly, it extends the analysis to new areas such as power asymmetry, regulation, transnational company strategies, and law enforcement. Secondly, it examines the role of three types of institutions: formal institutions that shape and enforce the rules/norms codified in law; private-ordering institutions that function under the umbrella of the State; and private institutions (such as market rules/norms) that provide information and encourage compliance. Finally, the book extends and widens the governance debate, investigating topics such as the determinants of institutional quality and efficiency, and the dynamic interaction between institutional norms and networks.

Suggested Citation

  • Ugur, Mehmet & Sunderland, David, 2011. "Does economic governance matter?: Governance institutions and outcomes," Greenwich Papers in Political Economy 4759, University of Greenwich, Greenwich Political Economy Research Centre.
  • Handle: RePEc:gpe:wpaper:4759
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    References listed on IDEAS

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    1. Haverland, Markus, 2000. "National Adaptation to European Integration: The Importance of Institutional Veto Points," Journal of Public Policy, Cambridge University Press, vol. 20(01), pages 83-103, April.
    2. Baldwin, Richard E, 1992. "Measurable Dynamic Gains from Trade," Journal of Political Economy, University of Chicago Press, pages 162-174.
    3. Hnatkovska, Viktoria & Loayza, Norman, 2004. "Volatility and growth," Policy Research Working Paper Series 3184, The World Bank.
    4. World Bank, 2001. "Turkey - Public Expenditure and Institutional Review : Reforming Budgetary Institutions for Effective Government," World Bank Other Operational Studies 15482, The World Bank.
    5. Kjetil Storesletten, 2003. "Fiscal Implications of Immigration-A Net Present Value Calculation," Scandinavian Journal of Economics, Wiley Blackwell, pages 487-506.
    6. Glenn W. Harrison & Thomas F. Rutherford & David G. Tarr, 2014. "Economic implications for Turkey of a Customs Union with the European Union," World Scientific Book Chapters,in: APPLIED TRADE POLICY MODELING IN 16 COUNTRIES Insights and Impacts from World Bank CGE Based Projects, chapter 16, pages 395-404 World Scientific Publishing Co. Pte. Ltd..
    7. Fernandez, Raquel, 1997. "Returns to regionalism : an evaluation of nontraditional gains from regional trade agreements," Policy Research Working Paper Series 1816, The World Bank.
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    Cited by:

    1. Korkut Alp Ertürk & Jason Whittle, 2015. "Climate Change, Procrastination and Asymmetric Power," World Economic Review, World Economics Association, vol. 2015(5), pages 1-40, July.

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