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Governance and Developing Asia: Concepts, Measurements, Determinants, and Paradoxes

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  • Quibria, M.G.

    () (Morgan State University)

Abstract

Recent years have seen the emergence of a considerable volume of literature on governance and its role in economic and social development of a country. This paper provides a critical review of the literature. This review brings into the open a number of serious conceptual, measurement, and data issues as well as the existence of an Asian governance paradox—i.e., a general disjunction between growth and governance in most Asian economies. This paradox seems to suggest that much of the current policy discussion on governance is essentially faith-based. It calls into question the quality of the existing data and the analytical basis of the policy orthodoxy.

Suggested Citation

  • Quibria, M.G., 2014. "Governance and Developing Asia: Concepts, Measurements, Determinants, and Paradoxes," ADB Economics Working Paper Series 388, Asian Development Bank.
  • Handle: RePEc:ris:adbewp:0388
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    References listed on IDEAS

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    More about this item

    Keywords

    government quality; corruption; bureaucracy; social capital;

    JEL classification:

    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • P30 - Economic Systems - - Socialist Institutions and Their Transitions - - - General
    • P48 - Economic Systems - - Other Economic Systems - - - Political Economy; Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies

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