Publication Type

Working Paper

Version

publishedVersion

Publication Date

1-2006

Abstract

This paper seeks to explore the relationship between economic growth and governance performance in Asian developing economies. This exploration yields some interesting conclusions. First, notwithstanding its tremendous economic achievements, the state of governance in Asia is not stellar by international comparison. Indeed, a majority of these countries seem to suffer from a governance deficit. Second, contrary to our expectation, data do not suggest any strong positive link between governance and growth: paradoxically, countries that exhibit surpluses in governance on average grew much slower than those with deficits. The paper ends with some conjecture about this apparent paradox.

Keywords

Governance, Institutions, Growth, Asia

Discipline

Asian Studies | Growth and Development | Public Economics

Research Areas

Applied Microeconomics

First Page

1

Last Page

26

Publisher

SMU Economics and Statistics Working Paper Series, No. 02-2006

City or Country

Singapore

Copyright Owner and License

Authors

Comments

Published in KYKLOS, 2006, https://doi.org/10.1111/j.1467-6435.2006.00322.x

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