Institutional Challenges at the Early Stages of Development: Lessons from a Multi-Country Study

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François Bourguignon (École d'économie de Paris and École des Hautes Études en Sciences Sociales, Paris) Jean-Philippe Platteau (Université de Namur, Belgium)

Institutional Challenges at the Early Stages of Development

Lessons from a Multi-Country Study

François Bourguignon (École d'économie de Paris and École des Hautes Études en Sciences Sociales, Paris), Jean-Philippe Platteau (Université de Namur, Belgium)

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English

Cambridge University Press
09 November 2023

Development economics; Political economy

Despite strong interest in the role of institutions; methods of operation, underlying political forces and their precise nature are still misunderstood. Partial analysis of specific aspects of public interventions simplified historical examples, or rough cross-country relationships tend to be the main guides to policy recommendations. Along with four in-depth country studies, published in companion volumes, Institutional Challenges at the Early Stages of Development gives a thorough review of the experiences of South Korea and Taiwan, offering a new perspective for identifying critical institutional issues. Including those related to state-business relations and the economic structure, and its transformation, analytical tools and concept are provided to help diagnose important hurdles at the early stage of a country's development. This title is also available as Open Access.

By: François Bourguignon (École d'économie de Paris and École des Hautes Études en Sciences Sociales Paris), Jean-Philippe Platteau (Université de Namur, Belgium)
Imprint: Cambridge University Press
Country of Publication: United Kingdom
Weight: 636g
ISBN: 9781009285704
ISBN 10: 100928570X
Pages: 200
Publication Date: 09 November 2023
Audience: General/trade , ELT Advanced
Format: Hardback
Publisher's Status: Active

Part I. Approaching Institutional Change: theory and Methodology: 1. Theoretical Underpinnings; 2. Tools for an Institutional Diagnostic; Part II. Lessons from Country Case Studies: 3. Uncertain Development Trajectories in Bangladesh and Tanzania; 4. Distorted Development in Benin and Mozambique; 5. Directed Development with Big Conglomerates: South Korea; 6. Directed Development with Heterogeneous Firms: Taiwan; Part III. Institutional Obstacles to Structural Transformation: 7. The Challenge of Modernising the Economic Structure; 8. Behind the Veil of Institutions Where Politics Matters; 9. State Capacity and Property Rights; 10. Conclusion.

François Bourguignon is Emeritus Professor of economics, Paris School of Economics, and School of Advanced Studies in Social Sciences (EHESS), Paris. He is Former Chief Economist and Senior Vice President of the World Bank and the Co-founder of the European Development Network. His awards include Dan David Prize and CNRS silver medal. Jean-Philippe Platteau is Emeritus Professor of economics, University of Namur, Belgium. At this university, he has been a long-time director of the Centre for Research in the Economics of Development (CRED) which he founded. He held two Franqui chairs at the Free University of Brussels and the Katholieke University of Leuven. He is also the Co-founder of the European Development Network (EUDN).