Coalition politics and economic development
Subtitle: credibility and the strength of weak governments
By: Irfan Nooruddin
Publisher: Cambridge University Press
Published: 2010
Place of publication: Cambridge; New York
Language: eng
Number of pages: 249
ISBN-13: 9780521191401
Subjects: Developing countries; Economic conditions; Coalition governments
Description: "Coalition Politics and Economic Development challenges the conventional wisdom that coalition government hinders necessary policy reform in developing countries. Irfan Nooruddin presents a fresh theory that institutionalized gridlock, by reducing policy volatility and stabilizing investor expectations, is actually good for economic growth. Successful national economic performance, he argues, is the consequence of having the right configuration of national political institutions. Countries in which leaders must compromise to form policy are better able to commit credibly to investors and therefore enjoy higher and more stable rates of economic development. Quantitative analysis of business surveys and national economic data together with historical case studies of five countries provide evidence for these claims. This is an original analysis of the relationship between political institutions and national economic performance in the developing world and will appeal to scholars and advanced students of political economy, economic development and comparative politics"--
Notes: Includes bibliographical references (p. 210-244) and index.
Table of contents: title: Machine generated contents note: 1. Introduction; 2. Coalition politics and economic development: theory; 3. Coalition politics and economic development: empirics; 4. Coalition politics and economic development: mechanisms; 5. Coalition dharma and India shining; 6. Developing coalitions in Italy, Spain, Brazil, and Botswana; 7. Conclusion; Appendices.