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The employment Retirement Income Security Act: An unkindly illusion

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  • Ifediora, John

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.

Suggested Citation

  • Ifediora, John, 2003. "The employment Retirement Income Security Act: An unkindly illusion," MPRA Paper 25178, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:25178
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    File URL: https://mpra.ub.uni-muenchen.de/25178/1/MPRA_paper_25178.pdf
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    References listed on IDEAS

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    1. Peter G. Klein & Hung Luu, 2003. "Politics and Productivity," Economic Inquiry, Western Economic Association International, vol. 41(3), pages 433-447, July.
    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. Masters, William A & McMillan, Margaret S, 2001. "Climate and Scale in Economic Growth," Journal of Economic Growth, Springer, vol. 6(3), pages 167-186, September.
    5. Paolo Mauro, 1995. "Corruption and Growth," The Quarterly Journal of Economics, Oxford University Press, vol. 110(3), pages 681-712.
    6. 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 335-376, October.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Development Economics;

    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment

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